Showing 1 - 10 of 109
Swedish census data and tax records reveal an astonishing wage compression; the Swedish skill premium fell by more than 30 percent between 1970 and 1990 while the U.S. skill premium, after an initial decline in the 1970s, rose by 8-10 percent. Since then both skill premia have increased by...
Persistent link: https://www.econbiz.de/10005661889
The paper analyses how a firm-level tax (or subsidy) calculated on the average wage relative to a pre-set norm may promote employment. We assume a monopoly union setting wages at the firm level to maximize that part of the wage bill exceeding the reservation wage. The fiscal device affects union...
Persistent link: https://www.econbiz.de/10005662313
We present a new and simple empirical methodology to identify relative wage rigidity dynamics. The methodology is applied to data from the Polish Labour Force Survey for the period 1994 to 1998. We estimate ceteris paribus changes in relative wage and unemployment differentials for various...
Persistent link: https://www.econbiz.de/10005666923
in Poland. The analysis is based on retrospective monthly calendar information on the labour force state and Active …
Persistent link: https://www.econbiz.de/10005792494
We ask whether Poland is at risk of the boom-bust problem that has afflicted economies around the time of euro adoption …. Our answer, inevitably, is mixed. On the one hand the fact that Poland is an outlier, credit-growth wise, accentuates the … Poland. And it is certainly conceivable that the same policies and country characteristics (not always visible to the …
Persistent link: https://www.econbiz.de/10005124037
This paper studies the role of wage and pension pressures in explaining the budget deficit crisis of 1991–2 after the remarkable 1990 Polish economic stabilization and liberalization. It also explains the persistence of the high tax wedge that later helped overcome the budget crisis. The...
Persistent link: https://www.econbiz.de/10005136543
The demise of the CMEA trading system in 1991 and the shift to convertible currency settlements and world market prices was expected to bring about a severe contraction of intra-group trade, coupled with large imbalances in trade between Eastern Europe and the former Soviet Union. The observed...
Persistent link: https://www.econbiz.de/10005136560
Poland has tackled its economic problems with courage and, thus far, success. Hyperinflation has ceased, the well …. A big export effort is needed, followed with discretion by some domestic relaxation. Foreign investment could be …
Persistent link: https://www.econbiz.de/10005281301
We use spatial regression discontinuity analysis to test whether the historical partition of Poland among three empires …—Russia, Austria-Hungary, and Prussia—has a persistent effect on political outcomes in contemporary Poland and to examine the channels …
Persistent link: https://www.econbiz.de/10011083639
This paper uses the sequencing of privatisation to infer the objective pursued by the Polish government in the privatisation of its large manufacturing firms in the second half of the 1990's. We construct a model of mixed oligopoly, and use it to evaluate the privatisation process; our analysis...
Persistent link: https://www.econbiz.de/10005661699