perjantaina
8.11.2013
klo 10:00
Jan Fidrmuc: Unemployment, growth and speed of transition in China
Jan Fidrmuc, Shuo Huang
CESifo Working Paper No. 4410 (September 2013)
Abstract
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.
BOFIT Seminaarit
Seminaarit ovat avoinna kaikille aiheesta kiinnostuneille tutkijoille.
Pyydämme teitä ilmoittautumaan etukäteen India Rolandille,
puh. 010 831 2268, sähköposti india.roland (at) bof.fi.
Seminaarit pidetään tiistaisin klo 10:30 (ellei toisin ilmoiteta), Rauhankatu 19, 3. kerroksen seminaarihuone.
8.11.2013
klo 10:00
Jan Fidrmuc: Unemployment, growth and speed of transition in China
Jan Fidrmuc, Shuo Huang
CESifo Working Paper No. 4410 (September 2013)
Abstract
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.
BOFIT Seminaarit
Seminaarit ovat avoinna kaikille aiheesta kiinnostuneille tutkijoille.
Pyydämme teitä ilmoittautumaan etukäteen India Rolandille,
puh. 010 831 2268, sähköposti india.roland (at) bof.fi.
Seminaarit pidetään tiistaisin klo 10:30 (ellei toisin ilmoiteta), Rauhankatu 19, 3. kerroksen seminaarihuone.