After three decades of economic reform, China is experiencing substantial demographic changes and a steady structural transformation toward a market economy. This volume presents fresh knowledge on labor market issues in China including topics such as: occupational choice and mobility, over-qualification and hiring, cost of displacement, and the performance of urban and rural social insurance programs.
A country's economic productivity is directly related to the health of its workforce. Thus, how a nation allocates resources to the physical health of its population is of vital importance in establishing the economic well-being of its citizens.This volume contains nine original and innovative articles that investigate the relationship between a nation's health policies, employee health and resulting labor market outcomes. Topics include the direct link between employees' health and wages, the employment impact of an unfavorable health shock, the relationship between job insecurity and a worker's mental health, the effect of career disruptions on already chronically ill workers, the consequences of arbitrary health insurance disenrollments, the impact of reducing publically available sick day benefits, the repercussions of increasing employers' sick pay benefits on absenteeism, the relationship between economic conditions and opioid abuse, and the consequences of parental migration on children's health.For researchers and students of labor economics, or anyone interested in understanding how a country's health policies affect its economic productivity, this volume is a fundamental text
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The 2008 global financial and economic crisis led to a significant increase in unemployment rates in most developed economies, yet despite the rising supply of labor, a high share of employers claim that they cannot find the right talent and skills. Concerns that economic restructuring and changing skill needs associated with new technologies and workplace organization practices will not be met by an adequately skilled workforce, has placed the issue of skill mismatch - the incongruence between skill supply and skill demand - high up in the policy agenda. This volume contains eleven original research articles which deal with the linkages between education and skills and the causes and consequences of different types of skill mismatch. Topics include the way graduate jobs can be defined, the labor market decisions and outcomes of graduates, the determinants of the overeducation wage penalty, the determinants and consequences of underskilling, the wage return of skills, the impact of skill mismatch on aggregate productivity, and the role of work-related training and job complexity on skill development.
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This paper undertakes a selective review of theoretical and empirical studies of internal labor markets (ILMs). Three different conceptualizations of ILMs are identified in existing literature: (a) ILMs as all jobs within a firm; (b) variable describing firms or present in discrete clusters of jobs within firms; (c) and a phenomenon present in some occupational labor markets within and across firms. Some empirical research using each conceptualization is described. Evidence apropo sseveral arguments about the theoretical origins of ILMs is assessed and some topics of future research are indicated. This review documents the absence of consensus about the characteristics defining the 1LM concept; a resulting diversity of approaches to the measurement or location of ILMs further hinders both accumulation of findings and the comparative study of ILMs. The most promising of the theoretical origins of ILMs relates scarcities of highly skilled workers to job structures generating increasing skill and knowledge among workers.