China's Urban Labor Market: A Structural Econometric Approach (Premiere Collection)

In the last two decades, the expansion of China's urban labor market has gone through dynamic job creation and destruction, as well as large-scale rural-urban immigration. The marketization since the early 1980s has made great progress in the transition to a real labor market. This book 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 at the impact of rural-urban immigration on the urban labor market. China's Urban Labor Market provides analyses of the economic reasons behind the high unemployment rate in China, and explains why it coexists with a shortage of workers in recent years. (Series: Premiere Collection)