This paper studies the employment, productivity and welfare implications of new Chinese labor regulations intended to … protect workers' employment conditions. We estimate a general equilibrium model of costly labor adjustment from data prior to … payments lead to a sizable increase in firm size, lower aggregate employment, a significant reduction in labor reallocation, an …

We study the employment and output effects of the short-time work (STW) policy in Germany between 2009 and 2010. This …

This paper studies the employment and productivity implications of new labor regulations in China. These new … restrictions are intended to protect workers' employment conditions by, among other things, increasing firing costs and increasing … employment, slightly increase labor reallocation and reduce exit. The estimated elasticity of labor demand is about unity so that …

stock returns. Monetary policy has a larger impact on consumption in Italy and Spain compared to France and Germany …