Arbeitspapier
Unemployment, Growth and Speed of Transition in China
We investigate the relationship between unemployment and growth in China. We find considerable differences in the nature of this relationship across Chinese regions. We argue that this may reflect the different progress in transition across regions, in line with the Aghion-Blanchard model of optimal speed of transition. When we test this model, we indeed find a hump-shaped relationship between unemployment and our proxy for the speed of reform. The current unemployment in China, furthermore, appears to be close to the level associated with optimal speed of transition.
- Sprache
-
Englisch
- Erschienen in
-
Series: CESifo Working Paper ; No. 4410
- Klassifikation
-
Wirtschaft
Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
Policy Objectives; Policy Designs and Consistency; Policy Coordination
Unemployment: Models, Duration, Incidence, and Job Search
- Thema
-
unemployment
Okun's Law
growth
optimal speed of transition
China
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Fidrmuc, Jan
Huang, Shuo
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2013
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Fidrmuc, Jan
- Huang, Shuo
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2013
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