As China passes through its Lewis turning point characterized first by the appearance of a labor shortage and a constant increase in wages, its labor market shows both features of the dual economy and neoclassical growth. This paper first depicts the trend of population as a root cause of the labor market transition from dual economy to neoclassical scenario. It then reveals the changed labor m...

Reforming German Labor Market Institutions: A Dual Path to Flexibility Germany has always been one of the prime examples of institutional complementarities between social insurance, a rather passive welfare state, strong employment protection and collective bargaining that stabilize diversified quality production. This institutional arrangement was criticized for being the main cause of inferio...

Are college degrees earned abroad worth less in the American economy than degrees earned in the United States? Do the labor market penalties associated with holding a foreign degree vary as a function of the country or region in which it was earned? Do these processes differ for men and women? We use data on 18,361 college-educated immigrants from the National Survey of College Graduates (NSCG)...

A real-world labor market has complex worksite interactions between a worker and an employer. This paper investigates the behavior patterns of workers and employers with a job capacity and a job concentration empirically considering a strategic coalition in an agent-based computational labor market. Here, the strategic coalition can be formed autonomously among workers and/or among employers. F...

The paper attempts to answer a very simple question: how does a farm household respond as a unit in the labor market when benefits or health insurance is tied to employer provided jobs. One of the major changes affecting US agriculture has been a decline in the number of farms and an increase in the multiple job-holding, especially among farm women to fulfill various objectives ranging from hel...

Unemployment dynamics differ markedly between the United States and Germany: over the 1980s and 1990s, spells of unemployment have been considerably shorter, and sectoral mobility rates were consistently higher among displaced workers in the United States than those experienced by German workers. In the light of earlier research on Germany’s strongly skilland occupation-based labor market struc...

This paper develops a search model of the labor market in which uncertainty about job finding probabilities leads unemployed to become discouraged and exit the labor market. Negative updating after unsuccessful search implies that the beliefs of the unemployed about themselves, and consequently their subjective job finding probabilities, decline with unemployment duration. The assumptions about...

Interstate migration has decreased steadily since the 1980s. We show that this trend is not related to demographic and socioeconomic factors, but that it appears to be connected to a concurrent secular decline in labor market transitions—i.e. the fraction of workers changing employer, industry or occupation. We explore a number of reasons for the dual trends in geographic and labor market trans...

The existing literature assumes that unemployment insurance (UI) a↵ects the labor market through the job finding rate of eligible workers. I argue that this focus is too narrow. I show evidence for UI e↵ects through three other margins: (i) search externalities; (ii) takeup of other welfare state programs; and (iii) job separations. This suggests that the analysis of optimal UI should take a mo...