Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/84158
Authors: 
Fidrmuc, Jan
Huang, Shuo
Year of Publication: 
2013
Series/Report no.: 
CESifo Working Paper 4410
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.
Subjects: 
unemployment
Okun's Law
growth
optimal speed of transition
China
JEL: 
E24
E61
J64
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.