International currency and debt valuations are also studied by macroeconomists.Answer and Explanation: If more people retire and leave the labor force than people enter the labor force, the labor force participation rate will fall. A key component in...
The expansion of “family-friendly” policies in Europe (and in the other OECD countries, except for the United States) over the past two decades has largely contributed to the increase in female labor force participation, contrary to the recent stagnation of the US participation rate77 (Blau ...
The impact of the labor participation rate on carbon emissions has shifted from inhibitory to stipulative. Recent population census data indicates that China’s labor force participation rate has been on a downward trend in the first decade of the twenty-first century, with a total decrease of 5%...
“Unemployment Benefits and Unemployment in the Great Recession: The Role of Macro Effects,” by Marcus Hagedorn, Fatih Karahan, Iourii Manovskii, and Kurt Mitman, offered a different perspective. The authors look at the evolution of unemployment rates in counties that are adjacent but lie in ...
Identification of causal effects in a differences-in-differences framework requires that the two segments of the labor force taken as the “treatment” (s = 1) and the “control” (s = 0) groups respectively would have had the same trends in the outcome variable, had the reform not ...
The aim of this report by Bain's Macro Trends Group is to detail how the impact of aging populations, the adoption of new automation technologies and rising inequality will likely combine to give rise to new business risks and opportunities. These gathering forces already pose challenges for ...
During the era of rapid expansion of the labor force between 1980 and 2010, China experienced a substantial surge in its gross domestic product (GDP), averaging an annual growth rate exceeding 10 percent. Population mobility, a central element of the urbanization process, not only enhances the ...
Based on the mechanism of the “three forces” in the push–pull theory, this article combines the characteristics of labor mobility in China and the gravity model to construct a Formula (7) for measuring labor mobility. Income is the direct incentive for labor mobility, so the pull force is...
(2) the positive effect of labor protection on firms’ operational efficiency is more significant in higher legal governance regions and state-owned enterprises, which represent a better macro and micro law enforcement environment, respectively; (3) after the implementation of the Labor Contract Law,...
The improvement in the educational attainment of the rural labor force promoted the increase in non-routine cognitive employment. The results of the propensities of non-routine cognitive occupations have little value because the composition effect dominated the increasing share of non-routine cognitive ...