This paper shows that we can normalize job and worker characteristics so that, without frictions,there exists a linear relationship between wages on the one hand and worker and job type indiceson the other. However, for five European countries and the United States we find strong evidencefor a...

Using data from the Current Population Survey from 1980 through 2010 we examine what drives variation andcyclicality in the growth rate of real wages over time. We employ a novel decomposition technique that allowsus to divide the time series for median weekly earnings growth into the part...

It is often argued that a mandatory minimum wage is binding only if the wage density displays a spike at it. In this paper we analyze a model with wage setting, search frictions, and heterogeneous production technologies, in which imposition of a minimum wage affects wages even though, after...

Covers trend from 1990 to 1998.

Examines the economic significance of micro and small enterprises (MSEs) in Viet Nam and assesses the policy and legal environment for MSEs in seven key areas: specific MSE policies; business laws and regulations; taxation; labour policy; trade; finance, credit and bankruptcy polices; and...

The paper summarizes information on health staffing trends in the countries of Central and Eastern Europe and provides some comparisons with Western countries, especiially in the European Union. It looks at the broad economic, social and political background to the present situation, with...