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China's Labor Market in the 'New Normal'

China's Labor Market in the 'New Normal' »

Volume/Issue: 2015/151

Series: IMF Working Papers

Author(s): Waikei Lam , Xiaoguang Liu , and Alfred Schipke

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 July 2015

DOI: http://dx.doi.org/10.5089/9781513570693.001

ISBN: 9781513570693

Keywords: Mobility, labor market, labor, employment, General, General, General, General, General, General,

As China implements reforms under the 'new normal,' maintaining stability in the labor market is a priority. The country's demography and labor dynamics are changing, after benefitting in past decades from ample ch...

Minimum Wages and Firm Employment
			: Evidence from China

Minimum Wages and Firm Employment : Evidence from China »

Volume/Issue: 2014/184

Series: IMF Working Papers

Author(s): Yi Huang , Prakash Loungani , and Gewei Wang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 October 2014

DOI: http://dx.doi.org/10.5089/9781498332309.001

ISBN: 9781498332309

Keywords: wage, wages, minimum wage, General, Country and Industry Studies of Trade,

This paper provides the first systematic study of how minimum wage policies in China affect firm employment over the 2000-2007 periods. Using a novel dataset of minimum wage regulations across more than 2,800 count...

The Elusive Quest for Inclusive Growth
			: Growth, Poverty, and Inequality in Asia

The Elusive Quest for Inclusive Growth : Growth, Poverty, and Inequality in Asia »

Volume/Issue: 2013/152

Series: IMF Working Papers

Author(s): Ravi Balakrishnan , Chad Steinberg , and Murtaza Syed

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 June 2013

DOI: http://dx.doi.org/10.5089/9781475531169.001

ISBN: 9781475531169

Keywords: Inequality, Labor Market, pro-poor, gini, income distribution, Personal Income and Wealth Distribution, Government Policy and Regulation, General, Macroeconomic Analyses of Economic Development,

This paper assesses how pro-poor and inclusive Asia’s recent growth has been, and what factors have been driving these outcomes. It finds that while poverty has fallen across the region over the last two dec...

Measuring the Informal Economy in the Caucasus and Central Asia

Measuring the Informal Economy in the Caucasus and Central Asia »

Volume/Issue: 2013/137

Series: IMF Working Papers

Author(s): Yasser Abdih , and Leandro Medina

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 31 May 2013

DOI: http://dx.doi.org/10.5089/9781484331613.001

ISBN: 9781484331613

Keywords: Informal economy, latent variable, Caucasus and Central Asia, labor market, employment, labor force, self employment, total employment, General, Structure and Scope of Government

This study estimates the size of the informal economy, and the relative contribution of each underlying factor, for the Caucasus and Central Asia countries in 2008. Using a Multiple Indicator-Multiple Cause model,...

Chronicle of a Decline Foretold
			: Has China Reached the Lewis Turning Point?

Chronicle of a Decline Foretold : Has China Reached the Lewis Turning Point? »

Volume/Issue: 2013/26

Series: IMF Working Papers

Author(s): Mitali Das , and Papa N'Diaye

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 January 2013

DOI: http://dx.doi.org/10.5089/9781475548242.001

ISBN: 9781475548242

Keywords: Excess labor supply, Lewis Turning Point, Population aging, Demographics, labor supply, labor force, labor market, labor demand, unemployment, General

China is on the eve of a demographic shift that will have profound consequences on its economic and social landscape. Within a few years the working age population will reach a historical peak, and then begin a pre...

Can Policies Affect Employment Intensity of Growth? A Cross-Country Analysis

Can Policies Affect Employment Intensity of Growth? A Cross-Country Analysis »

Volume/Issue: 2012/218

Series: IMF Working Papers

Author(s): Davide Furceri , Ernesto Crivelli , and Joël Toujas-Bernate

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2012

DOI: http://dx.doi.org/10.5089/9781475505689.001

ISBN: 9781475505689

Keywords: employment elasticities, structural policies, reforms, labor market, labor market policies, Macroeconomics: Consumption, Saving, Production, Employment and Investment: Other, Mobility

The aim of this paper is to provide new estimates of employment-output elasticities and assess the effect of structural and macroeocnomic policies on the employment-intensity of growth. Using an unbalanced panel of...

Crises, Labor Market Policy, and Unemployment

Crises, Labor Market Policy, and Unemployment »

Volume/Issue: 2012/65

Series: IMF Working Papers

Author(s): Davide Furceri , Lorenzo E. Bernal-Verdugo , and Dominique Guillaume

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2012

DOI: http://dx.doi.org/10.5089/9781463938420.001

ISBN: 9781463938420

Keywords: Labor market, flexibility, reforms, labor market institutions, labor market flexibility, labor market policies, Macroeconomics: Consumption, Saving, Production, Employment and Investment: Other

Using a sample of 97 countries spanning the period 1980?2008, we estimate that financial crises have a large negative impact on unemployment in the short term, but that this effect rapidly disappears in the medium...

Unemployment and Productivity in the Long Run
			: the Role of Macroeconomic Volatility

Unemployment and Productivity in the Long Run : the Role of Macroeconomic Volatility »

Volume/Issue: 2010/259

Series: IMF Working Papers

Author(s): Paolo Surico , Luca Ricci , and Pierpaolo Benigno

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2010

DOI: http://dx.doi.org/10.5089/9781455209590.001

ISBN: 9781455209590

Keywords: macroeconomic volatility, downward wage rigidities, unemployment rate, employment, unemployment rates, rate of unemployment, Macroeconomics and Monetary Economics: General, Macroeconomics: Consumption, Saving, Production

We propose a theory of low-frequency movements in unemployment based on asymmetric real wage rigidities. The theory generates two main predictions: long-run unemployment increases with (i) a fall in long-run produc...

China's Labor Market Performance and Challenges

China's Labor Market Performance and Challenges »

Volume/Issue: 2003/210

Series: IMF Working Papers

Author(s): Tao Ran , and Ray Brooks

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2003

DOI: http://dx.doi.org/10.5089/9781451874815.001

ISBN: 9781451874815

Keywords: labor force, labor market, jobs, Demand and Supply of Labor: General, Unemployment: Models, Duration, Incidence, and Job Search

A more market-oriented labor market has emerged in China in the past twenty years with growing importance of the urban private sector, as state-owned enterprises have downsized. Despite the progress on reforms, a s...

Mauritius
			: Unemployment and the Role of Institutions

Mauritius : Unemployment and the Role of Institutions »

Volume/Issue: 2003/211

Series: IMF Working Papers

Author(s): James Yao , and Calvin McDonald

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2003

DOI: http://dx.doi.org/10.5089/9781451874860.001

ISBN: 9781451874860

Keywords: institutions, wage, skilled labor, employment, labor demand, labor market, Demand and Supply of Labor: General, Unemployment: Models, Duration, Incidence

Despite strong economic growth, a "U"-curve unemployment phenomenon in Mauritius can be observed. Unemployment plunged from 21 percent to less than 4 percent between the early 1980s and the early 1990s, but this tr...