household consumption expenditure

GettyImages-487576213.jpg

Consumer Price Should Be the Only Determinant of Minimum Wage

Roy Ngerng

Taiwan's minimum wage has become a key issue in the presidential election.Instead of using indicators such as per capita GDP, household consumption, and profits to determine minimum wage, research shows that faster wage growth boosts the macroeconomic environment and firm profitability.

Copyright © 2023 TNL Mediagene