China's Urban Labor Market: A Structural Econometric Approach

In the last two decades, expanding China's urban labor market has gone through a dynamic job creation and destruction, and large- scale rural-urban immigration. The marketization since early 1980s has made great progress in the transition to a real labor market. The author offers a novel analysis of [...]
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In the last two decades, expanding China's urban labor market has gone through a dynamic job creation and destruction, and large- scale rural-urban immigration. The marketization since early 1980s has made great progress in the transition to a real labor market. The author offers a novel analysis of China s labor market using modern structural econometric models. The book examines the issues of the disequilibrium of labor supply and demand in China. It also looks into the impact of rural-urban immigration on urban labor market. The author provides analyses the economic reasons behind the high unemployment rate in China, and explains why it coexists with a shortage of workers in recent years.