Research Of Minimum Wage System And Measurement Model

The key point that minimum system works efficiently in society and economy is reasonably minimum wage standard. Forming statistical model of minimum wage measurement has theory originality and reality importance thorough research of minimum wage.Reviewing origin and development of minimum wage system, The thesis compare character of Chinese and foreign minimum wage system, and we analyze minimum wage status in Guangdong province. Analyzing all kinds of influences of minimum wage and researching minimum wage measurement method, thesis gives some measurement methods, in which we find Grey model method,econometric model, neural net method, Martin method and expanded Linear Expenditure System method. We form minimum wage sectional and dynamic adjusted model, With related index of minimum wage, we measure minimum wage standard of Guangdong province in using these methods mentioned method above in order to supply useful information for government.Minimum wage system has very short history and foreign research of minimum wage focus on outcomes to economy. In our country, few researchers study minimum wage. So the contents of thesis have very originality.