Showing 1 - 10 of 22
the unskilled. By contrast, in Europe it is undoubtedly the rise and persistence of unemployment. Technology has been … identified as a key reason for the rising US wage inequality, while labor market rigidities are often cited as a key reason for … European unemployment. This paper seeks to provide a unified account of these major factor market developments. It models the …
Persistent link: https://www.econbiz.de/10012473209
Populism may seem like it has come out of nowhere, but it has been on the rise for a while. I argue that economic history and economic theory both provide ample grounds for anticipating that advanced stages of economic globalization would produce a political backlash. While the backlash may have...
Persistent link: https://www.econbiz.de/10012455123
This paper provides a simple conceptual framework that captures how different perceptions, attitudes, and biases about immigrants or minorities can shape preferences for redistribution. Through the lens of this framework, we review the empirical literature on the effects of racial diversity and...
Persistent link: https://www.econbiz.de/10012479144
composition in subsamples of the Current Population Survey extracts. This compositional change is specific to Miami, unrelated to … the Boatlift, and arises from selecting small subsamples of workers. We also show that conflicting findings on the labor …
Persistent link: https://www.econbiz.de/10012455248
Unemployment is notoriously difficult to predict. In previous studies, once country fixed effects are added to panel … estimates, few variables predict changes in unemployment rates. Using panel data for 29 European countries over 439 months … unemployment rate 12 months in advance based on individuals' fears of unemployment, their perceptions of the economic situation and …
Persistent link: https://www.econbiz.de/10012616620
Econometric evidence suggests that the non-accelerating inflation rate of unemployment (the NAIRU) has risen sharply in … unemployment …
Persistent link: https://www.econbiz.de/10012477246
, permanent unemployment subsidies, firing costs, etc. Such policies create incentives to develop and adopt labor saving capital … suggests that the main difference between Europe and the US in this respect is their different labor market policies. European … countries reduce wage flexibility and inequality through a host of labor market regulations, like binding minimum wage laws …
Persistent link: https://www.econbiz.de/10012466081
This paper develops a simple framework for examining human capital accumulation, unemployment, and relative wages in a … statics are examined, including changes in educational capital and population, entry of new countries to the trading world …, technical change, and a productivity slowdown. We derive the consequences for the skilled-to-unskilled wage gap, unemployment …
Persistent link: https://www.econbiz.de/10012472680
variables while it is uncorrelated with life satisfaction. The unemployment rate and the CPI reduce both. We analyze data for 29 … European countries to predict changes in the unemployment rate 12 months ahead using individuals' fears of unemployment in the … presence of country and year fixed effects and lagged unemployment. We also use firms' expectations of future employment, which …
Persistent link: https://www.econbiz.de/10014447326
institutional arrangements, competitive balance and labor-management relations requires a basic understanding of sports labor … contemporary labor issues in North America and Europe, from reserve rules and free agency, high levels of player pay and work …
Persistent link: https://www.econbiz.de/10012471202