This paper studies the employment and productivity implications of new labor regulations in China. These new … restrictions are intended to protect workers' employment conditions by, among other things, increasing firing costs and increasing … employment, slightly increase labor reallocation and reduce exit. The estimated elasticity of labor demand is about unity so that …

This paper studies the employment and productivity implications of new labor regulations in China. These new policies … were intended to protect workers' employment conditions by, among other things, increasing firing costs and increasing … employment, increase labor reallocation and increase wages. The estimated elasticity of labor demand implies that an increase in …

employment dynamics are characterized by two dimensional inaction sets. Finally, to understand the effect of these contracts, we …

Productivity dispersion across firms is large and persistent, and worker reallocation among firms is an important … source of productivity growth. The purpose of the paper is to estimate the structure of an equilibrium model of growth … value added, employment, and wages. The model's fit is good and the structural parameter estimates have interesting …

We analyze employment and capital adjustments using plant data from the Colombian Annual Manufacturing Survey. We … levels, allowing for interdependence in adjustments of the two factors. In addition to non-linear employment and capital … would yield a substantial increase in aggregate productivity through improved allocative efficiency. Yet, the actual impact …

rise in robotic productivity is more likely to lower the welfare of young workers and future generations when the saving … more important complement to labor. In some parameterizations the relationship of utility to robotic productivity follows a … redistribute income across generations can ensure that a rise in robotic productivity benefits all generations. …

-capita GDP, consumption, productivity, price level, stock prices and population. …

tracking current economic conditions. We apply the technique to extract real-time measures of inflation, output, employment …