Kambayashi, Ryo; Kawaguchi, Daiji; Yamada, Ken - Institute of Economic Research, Hitotsubashi University - 2009
The median wage in Japan has fallen nominally since 1999 due to a severe recession, while the statutory minimum wage … the minimum wage has affected wage distribution under the unusual circumstances of deflation. The compression of the lower … tail of female wage distribution was almost completely explained by the increased real value of the minimum wage. The …