knowledge sector is bounded, as productivity increases, the economy moves from a “Solovian zone“ where wages increase with … their bliss point can only be made better-off by an increase in diversity. If wages are set by monopoly unions rather than … always reduces employment in the material goods sector. International trade may reduce wages in poor countries and increase …

Investment in network infrastructure can boost long-term economic growth in OECD countries. Moreover, infrastructure … investment can have a positive effect on growth that goes beyond the effect of the capital stock because of economies of scale … between infrastructure and economic growth. Time-series results reveal a positive impact of infrastructure investment on …

. Further, while during earlier parts of our sample both a slowdown in consumption and investment growth contribute to a … reduction of GDP growth, during later parts, only the investment reaction contributes to the GDP slowdown. A variance … to later parts of the sample, while the corresponding decomposition for investment growth reveals an increase in the role …

, and establishes empirically that geographical variations in the natural return to agricultural investment have had a … that pre-industrial agro-climatic characteristics that were conducive to higher return to agricultural investment …

identification. On the return to work after the birth, mothers’ wages drop by 3 to 5.7 per cent per year of leave. We find negative …

development of wages and employment across skill groups, there is considerable disagreement to explain these trends, in particular …

The paper scrutinizes the role of wages and capital flows for competitiveness in the new EU member states in the …