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The Ins and Outs of Cyclical Unemployment
Elsby, Michael - 2010
One of the strongest trends in recent macroeconomic modeling of labor market fluctuations is to treat unemployment inflows as acyclical. This trend stems in large part from an influential paper by Shimer on quot;Reassessing the Ins and Outs of Unemployment,quot; i.e., the extent to which...
Persistent link: https://www.econbiz.de/10012760434
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Inequality Change in China and (Hukou) Labour Mobility Restrictions
Whalley, John; Zhang, Shunming - 2021
We analyze the Hukou system of permanent registration in China which many believe has supported growing relative … regions and cities. Our aim is to inject economic modelling into the debate on sources of inequality in China which thus far … geographical divides in China is supported solely by quantity based migration restrictions (urban -- rural areas, rich -- poor …
Persistent link: https://www.econbiz.de/10013240974
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Peer Migration in China
Chen, Yuyu - 2010
to the city each year, China is experiencing the largest internal migration in the human history. Using instrumental … variables in the 2006 China Agricultural Census, we find that a 10-percentage-point increase in the migration rate of co …
Persistent link: https://www.econbiz.de/10013148663
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Trade Adjustment : Worker Level Evidence
Autor, David H. - 2013
In the past two decades, China's manufacturing exports have grown spectacularly, U.S. imports from China have surged …, but U.S. exports to China have increased only modestly. Using representative, longitudinal data on individual earnings by …
Persistent link: https://www.econbiz.de/10013078867
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An Integrated Assessment of Water Markets : Australia, Chile, China, South Africa and the USA
Grafton, Quentin - 2014
used to identify strengths and limitations of water markets in: (1) Australia's Murray-Darling Basin; (2) Chile (in … particular the Limarí Valley); (3) China (in particular, the North); (4) South Africa; and (5) the western United States. It …
Persistent link: https://www.econbiz.de/10013069511
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Negative Equity Does Not Reduce Homeowners' Mobility
Schulhofer-Wohl, Sam - 2011
Some commentators have argued that the housing crisis may harm labor markets because homeowners who owe more than their homes are worth are less likely to move to places that have productive job opportunities. I show that, in the available data, negative equity does not make homeowners less...
Persistent link: https://www.econbiz.de/10013131307
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Carrots and Sticks : Pay, Supervision and Turnover
Leonard, Jonathan S. - 2010
Large and persistent differences across industries in wages paid for given occupations have commonly been observed. Recently, the efficiency wage model (EWM) has been advanced as an explanation for these wage differentials. The shirking version of the EWM assumes a trade-off between...
Persistent link: https://www.econbiz.de/10013135143
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Externalities from Labor Mobility
Ball, Laurence - 2010
This paper assumes that workers can move from a market with high unemployment to one with low unemployment at a cost. In principle. equilibrium mobility can be greater or less than the social optimum. For most plausible parameter values. however. mobility is too low. Intuitively. mobility has a...
Persistent link: https://www.econbiz.de/10013138352
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Firm Dynamics, Job Turnover, and Wage Distributions in an Open Economy
Cosar, Kerem - 2010
This paper explores the combined effects of reductions in trade frictions, tariffs, and firing costs on firm dynamics, job turnover, and wage distributions. It uses establishment-level data from Colombia to estimate an open economy dynamic model that links trade to job flows in a new way. The...
Persistent link: https://www.econbiz.de/10013138478
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Labor Reallocation in Response to Trade Reform
Menezes-Filho, Naercio A. - 2011
Tracking individual workers across jobs after Brazil's trade liberalization in the 1990s shows that tariff cuts trigger worker displacements, but neither exporters nor comparative-advantage sectors absorb trade-displaced labor. On the contrary, exporters separate from significantly more and hire...
Persistent link: https://www.econbiz.de/10013120987