Virtual Research Learning Center [ HOME ]
 
"The Economics of Musical Chairs: Involution, Lying Flat and the Management of Opportunities" by Pro. Jin LI
 
[ Original article (in Chinese) ]
 
Additional Research and Video Production - by Xiuxuan SONG
 
[ Video (in English) ]
 
Further readings:
 
  • Bianchi, N., Bovini, G., Li, J., Paradisi, M., & Powell, M. (2022). Career spillovers in internal Labour Markets. The Review of Economic Studies.
    [ link to PDF ]

  • Ke, Rongzhu, Jin Li, and Michael Powell. “Managing Careers in Organizations.” Journal of Labor Economics 36, no. 1 (2018): 197–252.
    [ link to PDF ]

  • Oreopoulos, Philip, Till von Wachter, and Andrew Heisz. “The Short- and Long-Term Career Effects of Graduating in a Recession: Hysteresis and Heterogeneity in the Market for College Graduates.” American Economic Journal: Applied Economics 2012, 4(1): 1–29
    [ link to PDF ]

  • Oyer, Paul. “Initial Labor Market Conditions and Long-Term Outcomes for Economists.” Journal of Economic Perspectives 20, no. 3 (2006): 143–60.
    [ link to PDF ]