Showing 1 - 10 of 17
economic efficiency and social equality, a view neatly summarized in the title of Okun's famous book, Equality and Efficiency …-national empirical studies and by theoretical advances. Recent research seems to suggest that there is no efficiency-equity trade-off and … that social policy and greater equality may actually contribute to higher productivity growth. Richard Harris surveys two …
Persistent link: https://www.econbiz.de/10005650204
labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity, and … productivity. …
Persistent link: https://www.econbiz.de/10005822664
for earnings mobility and growth; for the majority, however, self-employment remains constrained to low-productivity … labor away from these low-productivity activities into higher value added sectors. …
Persistent link: https://www.econbiz.de/10005822874
This paper delves into the recent events that led to the formation of the housing bubble in Spain and the resulting structural change that is arguably needed to put the economy back into the right track. For this purpose we calibrate a model with different equilibria descriptive of the labor...
Persistent link: https://www.econbiz.de/10011250613
This paper investigates the relationship between sectoral growth patterns and employment outcomes. A broad cross-country analysis reveals that in middle-income countries, employment responds more to growth in less productive and more labor-intensive sectors. Employment in middle-income countries...
Persistent link: https://www.econbiz.de/10010585691
This report presents new estimates of the Index of Economic Well-being (IEWB) and its four domains (consumption flows, stocks of wealth, economic equality, and economic security) for 14 OECD countries for the 1980-2007 period. It finds that in 2007 Norway had the highest level of economic...
Persistent link: https://www.econbiz.de/10008489033
This report looks at how the economic crisis has unfolded in Canada and what will be the impacts on economic wellbeing. The shortfall is estimated to be approximately $12,000 ($2007) per capita. In other words, given no economic crisis, GDP per capita in Canada would have likely been $1,736...
Persistent link: https://www.econbiz.de/10008489035
This report presents new estimates of the Index of Economic Well-being (IEWB) and its four domains (consumption flows, stocks of wealth, economic equality and economic security) for Canada and the provinces for the 1981-2008 period. It finds that the IEWB advanced at a 1.20 per cent average...
Persistent link: https://www.econbiz.de/10008489040
third section looks at the relative importance of the determinants of living standards ?productivity, working time … conclusions of the paper are twofold. First, a focus on improving Canada’s productivity growth performance, and in particular …, eliminating the Canada-US productivity gap, is by far the most important and effective way to attain the objective of Canadian …
Persistent link: https://www.econbiz.de/10005518932
In this chapter, Tony Fisher and Doug Hostland provide an historical perspective on trends in labour productivity …
Persistent link: https://www.econbiz.de/10005481819