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Globalization and the Provision of Incentives Inside the Firm
Cuñat, Vicente; Guadalupe, Maria - C.E.P.R. Discussion Papers - 2006
globalization on the labour market outcomes of these workers. We find that higher foreign competition leads to more incentive …
Persistent link: https://www.econbiz.de/10005124375
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Globalization and Business Cycle Transmission
Artis, Michael J; Okubo, Toshihiro - C.E.P.R. Discussion Papers - 2008
separate periods, those of the first globalization wave (1870 to 1914), the period of the “bloc economy” (1915 to 1959) and for … the period of the second globalization (1960-2001). Cluster analysis is applied and the McNemar test is used to test for … that features some well-defined sub-global clusters, where the second globalization period does not, the first …
Persistent link: https://www.econbiz.de/10005792022
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Firm Entry Deregulation, Competition and Returns to Education and Skill
Fernandes, Ana; Ferreira, Priscila; Winters, L. Alan - C.E.P.R. Discussion Papers - 2013
This paper investigates the effects of firm entry deregulation. We exploit a recent reform that simplified business entry in Portugal as a quasi-natural experiment. We use cross-municipality-year variation in the implementation of the reform for identification. Using matched employer-employee...
Persistent link: https://www.econbiz.de/10011083872
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Relative Wage Effects of German Unions
Schmidt, Christoph M - C.E.P.R. Discussion Papers - 1994
In contrast to the United States or the United Kingdom where union status is generally tied to the job, the typical unionized worker in Germany is a member of an industry union and there is no direct institutional link between union membership and the worker's wage. Using micro data from the...
Persistent link: https://www.econbiz.de/10005792011
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Government Distributional Concerns and Economic Policy During the Transition from Socialism
Gordon, Roger H; Li, David Daokui - C.E.P.R. Discussion Papers - 1997
Before the transition governments had strong distributional objectives, which they pursued mainly by direct controls over state enterprise wage rates and hiring decisions, yielding a highly compressed wage distribution. During the reform they maintained similar controls over state enterprises,...
Persistent link: https://www.econbiz.de/10005114146
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Product Market Competition, Returns to Skill and Wage Inequality
Guadalupe, Maria - C.E.P.R. Discussion Papers - 2004
This Paper shows that increasing product market competition can have a direct impact on the employment relationship and on wage inequality. I develop a simple model in which an increase in product market competition increases returns to skill through the effect of competition on the sensitivity...
Persistent link: https://www.econbiz.de/10005666700
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Unions And The Labour Market For Managers
Dinardo, John; Hallock, Kevin F; Pischke, Jörn-Steffen - C.E.P.R. Discussion Papers - 2000
We examine the relationship between the employment and compensation of managers and CEOs and the presence of a unionized workforce. We develop a simple efficiency wage model, with a tradeoff between higher wages for workers and more monitoring, which requires more managers. The model also...
Persistent link: https://www.econbiz.de/10005666977
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Short-Time Work: The German Answer to the Great Recession
Brenke, Karl; Rinne, Ulf; Zimmermann, Klaus F - C.E.P.R. Discussion Papers - 2011
Short-time work was the 'German answer' to the economic crisis. The number of short-time workers strongly increased in the recession and peaked at more than 1.5 million. Without the extensive use of short-time work, unemployment would have risen by approximately twice as much as it actually did....
Persistent link: https://www.econbiz.de/10009147409
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Apocalypse Then: The Evolution of the North Atlantic Economy and the Global Crisis
Bayoumi, Tamim; Bui, Trung - C.E.P.R. Discussion Papers - 2011
The financial crisis that struck the global economy in late 2008 had its origins in excesses in the US housing market. Its reverberations, however, were felt around the world and nowhere more keenly than in Western Europe. While North Atlantic trade links were in relative stasis, the North...
Persistent link: https://www.econbiz.de/10009365005
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How far away is a Single European Labor Market?
Krause, Annabelle; Rinne, Ulf; Zimmermann, Klaus F - C.E.P.R. Discussion Papers - 2014
A Single European Labor Market, particularly involving the free movement of workers within Europe, has been a goal of the European community since the 1950s. Whereas it may entail opportunities and drawbacks alike, the benefits—such as greater economic welfare for most citizens—are supposed...
Persistent link: https://www.econbiz.de/10011084178