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Happiness and the Human Development Index: Australia is NOT a Paradox

Leigh, Andrew; Wolfers, Justin - C.E.P.R. Discussion Papers - 2006

In 'Happiness and the Human Development Index: The Paradox of Australia,' Blanchflower and Oswald (2005) observe an … apparent puzzle: they claim that Australia ranks highly in the Human Development Index (HDI), but relatively poorly in … happiness. However, when we compare their happiness data with the HDI, Australia appears happier, not sadder, than its HDI score …

Persistent link: https://www.econbiz.de/10005136466

Distributional Impact of Commodity Price Shocks: Australia over a Century

Bhattacharyya, Sambit; Williamson, Jeffrey G - C.E.P.R. Discussion Papers - 2013

. Using a GARCH model, we find that Australia experienced more volatility than many commodity exporting poor countries between …

Persistent link: https://www.econbiz.de/10011084231

Population, Technology and Growth: From the Malthusian Regime to the Demographic Transition

Galor, Oded; Weil, David - C.E.P.R. Discussion Papers - 1998

This paper develops a unified model of growth, population, and technological progress that is consistent with long-term historical evidence. The economy endogenously evolves through three phases. In the Malthusian regime, population growth is positively related to the level of income per capita....

Persistent link: https://www.econbiz.de/10005662118

Ability Biased Technological Transition, Wage Inequality and Growth

Galor, Oded; Moav, Omer - C.E.P.R. Discussion Papers - 1998

This paper develops a growth model in which the endogenous evolution of technological progress and wage inequality is consistent with the observed pattern in the United States and several European economies in the last two centuries. The model accounts for: a) the rise in wage inequality between...

Persistent link: https://www.econbiz.de/10005662180

Centralized Bargaining, Multi-Tasking, and Work Incentives

Lindbeck, Assar; Snower, Dennis J. - C.E.P.R. Discussion Papers - 1997

The paper examines the implications of an important aspect of the ongoing reorganization of work – the move from occupational specialization towards multi-tasking – for centralized wage bargaining. The analysis shows how, on account of this reorganization, centralized bargaining becomes...

Persistent link: https://www.econbiz.de/10005662207

Are there Economies of Scale in the Demand for Money by Firms? Some Panel Data Estimates

Bover, Olympia; Watson, Nadine - C.E.P.R. Discussion Papers - 2001

We estimate scale elasticities in firms' money demand using panel data. Our main data set is a sample of Spanish companies observed over 1983-96. We also analyse comparable UK and US data sets. We find that the errors in money demand equations contain two terms correlated with sales: first, a...

Persistent link: https://www.econbiz.de/10005666781

Practice Makes Perfect: On Professional Standards

Sällström, Susanna - C.E.P.R. Discussion Papers - 2007

Professional standards vary across professions and also change over time. One profession which has remained perfectionist is classical music, where the amount of practising is striking compared with other professions. Practising is a matter of increasing the reliability of ones skills rather...

Persistent link: https://www.econbiz.de/10005666828

Job Tenure, Wages and Technology: A Reassessment Using Matched Worker-Firm Panel Data

Givord, Pauline; Maurin, Eric - C.E.P.R. Discussion Papers - 2003

This Paper presents new estimates of the impact of job tenure on wages using a new French matched worker-firm dataset. We develop an identification strategy that relies on one specific feature of the French labour laws. They stipulate that firms, when firing workers, must include as one of their...

Persistent link: https://www.econbiz.de/10005666983

The Division of Labour Within Firms

Lindbeck, Assar; Snower, Dennis J. - C.E.P.R. Discussion Papers - 1998

The paper examines the determinants of the division of labour within firms. It provides an explanation of the pervasive change in work organization away from the traditional functional departments and towards multi-tasking and job rotation. Whereas the existing literature on the division of...

Persistent link: https://www.econbiz.de/10005788938

Outsourcing and Technological Change

Bartel, Ann P; Lach, Saul; Sicherman, Nachum - C.E.P.R. Discussion Papers - 2005

In this paper we argue that an important source of the recent increase in outsourcing is the computer and information technology revolution, characterized by increased rates of technological change. Our model shows that an increase in the pace of technological change increases outsourcing...

Persistent link: https://www.econbiz.de/10005789029