China's new labour contract law : No harm to employment?

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dc.contributor Bank of Finland Chen, Yu-Fu Funke, Michael 2008-09-22T08:00:31Z 2014-09-22T08:00:31Z 2008
dc.identifier.isbn 978-952-462-949-2
dc.identifier.issn 1456-4564
dc.description.abstract In January 2008, China adopted a new labour contract law. This new law represents the most significant reform to the legislation on employment relations in mainland China in more than a decade. The paper provides a theoretical framework on the inter-linkages between labour market regulation, option value and the choice and timing of employment. All in all, the paper demonstrates that the Labour Contract Law in its own right will have only small impacts upon employment in the fast-growing Chinese economy. Rather, induced increasing unit labour costs represent the real issue and may reduce employment. JEL-Classification: C61, D81, D92, J23 Keywords: China, labour contract law, real options, employment
dc.format.extent 36 s.
dc.language.iso eng
dc.relation.ispartofseries BOFIT Discussion Papers
dc.subject uudistukset
dc.subject Kiina
dc.subject työmarkkinat
dc.subject työllisyys
dc.subject sopimukset
dc.subject lainsäädäntö
dc.subject sääntely
dc.subject vaikutukset
dc.subject mallit
dc.subject SP
dc.subject RP
dc.subject RP ST
dc.subject Bofit-kokoelma
dc.subject työsopimuslainsäädäntö
dc.title China's new labour contract law : No harm to employment?
dc.type Sarjajulkaisu
dc.identifier.urn URN:NBN:fi:bof-201408071939
dc.subject.jel C61
dc.subject.jel D81
dc.subject.jel D92
dc.subject.jel J23 BOFIT Discussion Papers
dc.series.year 2008
dc.series.number 29/2008
dc.series.sortingnumber 29 29.12.2008
dc.contributor.orgunit Institute for Economies in Transition (BOFIT)
dc.description.publication Published in China Economic Review 20 (3), 2009, pp. 558-572

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