This thesis provides an overall evaluation of the impact of labor market interventions through the implementation of the Labor Contract Law (LCL) in 2008 in China. To begin, a transaction cost explanation of the choice of contract in a free market is established. It argues that the choice of contract is a comparison between related transaction costs and functions as a theoretical base for the thesis. In the scenario with labor market intervention, the theoretical framework predicts that...[Show more]
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