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In this paper, we estimate the effect of house prices on whether or not young adults actively save in a private pension. We use job-level data from a survey of employers, matched to average house prices at the level of an individuals’ location of employment, exploiting geographical variation...
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This paper documents recent structural changes in China's corporate landscape, based on company level data, providing a … complementary perspective to that of official Chinese statistics. We classify China's largest companies by revenue since 2004 (based …
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-productivity firms offering low-wage jobs, which tend to hire from unemployment, while the effects are more muted for high …-productivity firms offering high-wage jobs. At the same time, wages only increase at high-productivity firms. These results point to …
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