This paper examines the impact of technological innovation on the role of labor within listed manufacturing companies during China's final stage of industrialization, from a factor input structure perspective. Leveraging a balanced panel dataset from 2012-2021, we find that the rising R&D...

This paper studies the effects of common shocks on the OLS estimators of the slopes' parameters in linear panel data models. The shocks are assumed to affect both the errors and some of the explanatory variables. In contrast to existing approaches, which rely on using results on martingale...

Do labor market reforms initiated in periods of loose monetary policy yield different outcomes from those that were introduced in periods when monetary tightening prevailed? Since economic theory usually pays attention to the steady state change and ignores business cycle interactions of...