We study the labor markets in China and the United States, the two largest economies in the world, by examining the evolution of their cross-sectional age-earnings profiles during the past thirty years. We find that, first, the peak age in the cross-sectional age-earnings profiles, which we...

This paper measures excess labor supply in equilibrium. We examine hiring shocks--which employ 24% of the labor force in external month-long jobs--in Indian local labor markets. In peak months, wages increase instantaneously and local aggregate employment declines. In lean months, consistent...

Introduction / Peter Auer -- Small-economy macroeconomics / Roland Schettkat -- Working time : from redistribution to modernization / Gerhard Bosch -- Equal opportunities and employment policies / Jill Rubery -- Industrial relations and social dialogue / Jelle Visser