Related papers: Labor Contract Law -An Economic View
Does public insurance reduce uninsured long-term care (LTC) risks in developing countries, where informal insurance predominates? This paper exploits the rollout of LTC insurance in China around 2016 to examine the impact of public LTC…
This exhaustive investigation is dedicated to delving into the intricate legal aspects that underlie the inefficiency in the advancement and utilization of sustainable energies, with a primary focus on the dynamic landscape of China and…
We study the robust regulation of contracts in moral hazard problems. A firm offers a contract to incentivise a worker protected by limited liability. A regulator restricts the set of permissible contracts to (i) improve efficiency and (ii)…
This paper examines the impact of increasing minimum wages, focusing primarily on their effect on employment. Our research involved analyzing the statistics of panel data, testing fixed effects and stationary, conducting linear regression,…
Recent advances in large language models (LLMs) have led to substantial progress in domain-specific applications, particularly within the legal domain. However, general-purpose models such as GPT-4 often struggle with specialized subdomains…
This paper examines the long-term gender-specific impacts of parental health shocks on adult children's employment in China. We build up an inter-temporal cooperative framework to analyze household work decisions in response to parental…
The rising adoption of industrial robots is radically changing the role of workers in the production process. Robots can be used for some of the more physically demanding and dangerous production work, thus reducing the possibility of…
Since 1992, a new Chinese innovation system has been emerging in terms of university-industry-government relations. In recent years, science parks, incubators, and high-tech development zones have been provided with strong incentives. The…
China is the world's second largest economy. After four decades of economic miracles, China's economy is transitioning into an advanced, knowledge-based economy. Yet, we still lack a detailed understanding of the skills that underly the…
In China, construction accidents have killed more people than any other industry since 2012. The factors which led to the accident have complex interaction. Real data about accidents is the key to reveal the mechanism among these factors.…
Using administrative data from Germany, this study provides first evidence on the wage effects of collective bargaining compliance laws. These laws require establishments receiving public contracts to pay wages set by a representative…
A contract is an economic tool used by a principal to incentivize one or more agents to exert effort on her behalf, by defining payments based on observable performance measures. A key challenge addressed by contracts -- known in economics…
Employment contracts are used to agree upon the working conditions between employers and employees all over the world. Understanding and reviewing contracts for void or unfair clauses requires extensive knowledge of the legal system and…
This paper explores the potential impacts of large language models (LLMs) on the Chinese labor market. We analyze occupational exposure to LLM capabilities by incorporating human expertise and LLM classifications, following the methodology…
This paper concentrates on the representation of the legal relations that obtain between parties once they have entered a contractual agreement and their evolution as the agreement progresses through time. Contracts are regarded as process…
The outbreak of the COVID-19 pandemic has had an unprecedented impact on China's labour market, and has largely changed the structure of labour supply and demand in different regions. It becomes critical for policy makers to understand the…
We study how governments promote social welfare through the design of contracting environments. We model the regulation of contracting as default delegation: the government chooses a delegation set of contract terms it is willing to…
The existing theorization of development economics and transition economics is probably inadequate and perhaps even flawed to accurately explain and analyze a dual economic system such as that in China. China is a country in the transition…
Contracts are an essential and fundamental component of commerce and society, serving to clarify agreement between multiple parties. While digital technologies have helped to automate many activities associated with contracting, the…
This study explores the impact of appearance discrimination in the labor market and whether education can mitigate this issue. A statistical analysis of approximately 1.058 million job advertisements in China from 2008 to 2010 found that…