Prior to the late 1990s, low unemployment was a standard feature of macroeconomic life in Hong Kong. Between 1985 and 1997, the unemployment rate averaged 2.5 percent. But the picture changed dramatically thereafter with the unemployment rate rising to 6.2 percent by 1999 and remaining above 5...

I specify a simple search and matching model of the labor market and estimate it on unemployment and vacancy data for Hong Kong over the period 2000-2010 using Bayesian methods. The model fits the data remarkably well. The estimation shows that the main driver of fluctuations in the labor market...

The impact of living in public rental housing on employment has been the subject of debate internationally. Theory suggests that restrictions on residential mobility, neighborhood effects, and the place-based housing subsidy itself contribute to the higher rates of unemployment often observed...

Setting the scene : unemployment in China / Malcolm Warner and Grace O. M. Lee -- Primitive accumulation, transition and unemployment in China / Michael Webber and Zhu Ying -- Urban unemployment in China : a background analysis (1995-2003) / Hu Angang and Sheng Xin -- Unemployment in China and...