With the abolition of exchange rates the role of wage formation in the European Monetary Union changes fundamentally and national economic policy in particular fiscal policy faces new restrictions. These are analysed in the first two chapters. A major impact is expected for wage formation. To...

1. Introduction and Overview -- 2. Evolution and Effects Assessment of China’s Minimum Wage Policy -- 3. Minimum Wages in China: Standard and Implication -- 4. Minimum Wages and Employment in China -- 5. Impacts of Minimum Wages on Gender Wage Gaps in Urban China -- 6. The Impact of Minimum...