This paper examines how employer- and worker-specific productivity shocks transmit to earnings and employment in an … backloaded in good times and frontloaded in bad times. We prove that there exists a unique spot target wage, which serves as an … attraction point for smooth wage adjustments. The structural model is estimated on matched employer-employee data from Sweden …

This paper examines how employer- and worker-specific productivity shocks transmit to earnings and employment in an … backloaded in good times and frontloaded in bad times. We prove that there exists a unique spot target wage, which serves as an … attraction point for smooth wage adjustments. The structural model is estimated on matched employer-employee data from Sweden …

As China reformed its economy during the past 44 years, it experienced the fastest sustained expansion by a major … growth over 6% might be considered admirable in many nations, in China it has sparked a debate about the causes of the … slowdown. One suspect is China’s 2008 Labor Contract Law (LCL), which provides workers with certain rights against firings and …

China's new Labor Contract Law, which intended to strengthen the labor protection for workers, went into effect on … firm for more than 10 years. Using data from the 2008 China General Social Survey, we find strong evidence that firms did …

China's new Labor Contract Law, which intended to strengthen the labor protection for workers, went into effect on … firm for more than 10 years. Using data from the 2008 China General Social Survey, we find strong evidence that firms did …