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Broadly and narrowly measured unemployment rates differ very markedly in certain countries, and the measure chosen to be the ‘official’ unemployment rate affects perceptions about the extent of the problem. The appropriate measure of the unemployment rate depends on...
Persistent link: https://www.econbiz.de/10011146250
Social instability is a concept that economists rarely analyse, and yet it can lurk behind much economic policy-making.  China’s leadership has often publicly expressed its concerns to avoid ‘social instability’.  It is viewed as a threat both to the political order and to...
Persistent link: https://www.econbiz.de/10011133081
This is a pioneering study of the determinants of the subjective well-being of ethnic minority people in rural China, using a specially designed sample survey relating to 2011.  The underlying hypothesis is that the lifestyle and attitudes of ethnic minorities contribute to their happiness. ...
Persistent link: https://www.econbiz.de/10011159002
The empirical literature on the economics of happiness has grown rapidly, and much has been learned about the determinants of subjective well-being.  Less attention has been paid to its normative implications.  Taking China as a case study, this paper first summarises empirical results on the...
Persistent link: https://www.econbiz.de/10011159009
The paper examines the contentious issue of the extent of surplus labour that remains in China.  China was an extreme example of a surplus labour economy, but the rapid economic growth during the period of economic reform requires a reassessment of whether the second stage of the Lewis model...
Persistent link: https://www.econbiz.de/10008465496
This paper provides an overview of research on income inequality in China over the period of economic reform. It presents the results of two main sources of evidence on income inequality and, assisted by various decompositions, explains the reasons income inequality has increased rapidly and the...
Persistent link: https://www.econbiz.de/10011395765
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