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This paper assesses the applicability of two alternative theories in understanding labor market developments in China … validate the arrival of the Lewis turning point in China, showing continuous and coordinated wage growth across rural and urban … markets in China. -- labor markets ; rural-urban migration ; wage growth ; schooling returns ; Lewis turning point ; China …
Persistent link: https://www.econbiz.de/10009313321
This paper studies the effect of state-owned enterprises on the dynamics of the Chinese urban labor market. Using longitudinal monthly panel data, we document very low dynamics in the labor market, especially in the state sector. We develop and calibrate an equilibrium search and matching model...
Persistent link: https://www.econbiz.de/10011985735