【主题】Labor Market Dynamics in Urban China and the Role of the State Sector
【报告人】Naijia Guo（The Chinese University of Hong Kong, Assistant Professor）
This paper studies the effect of state-owned-enterprises (SOE) on the dynamics of Chinese urban labor market. Using monthly panel data, we document a high proportion of long-term unemployment and low dynamics in the state sector. We develop and calibrate an equilibrium search and matching model with three differences between the state sector and the private sector: labor productivity, labor adjustment costs, and workers’ bargaining power. Counterfactual analysis shows that the lack of dynamics is mainly driven by the strong bargaining power of SOE workers and that a further SOE reform would significantly reduce both the long-term unemployment rate and the unemployment rate.
Dr. Guo is an Assistant Professor in the Department of Economics at the Chinese University of Hong Kong. She got her PhD degree at the University of Pennsylvania in 2014. Her research interests are Labor Economics and Family Economics. Her paper has been published on International Economic Review.