Showing 1 - 10 of 49
-1994 period, we find that both the contemporaneous unemployment rate and prior values of the unemployment rate are significantly … percent for the elasticity of earnings with respect to current unemployment rates, and between 6 and 10 percent with respect … to unemployment rates at the start of current firm tenure. Moreover, whereas local unemployment rates determine levels of …
Persistent link: https://www.econbiz.de/10005133196
In this paper, we model the interactions between the distribution of male and female wages under the assumption that any change in the wage distribution of women must be offset by an opposite change in the wage distribution of men.
Persistent link: https://www.econbiz.de/10005353426
In this paper, we present graphical and quantitative evidence on the important role played by changes in labor market institutions on the rise in wage inequality in the United States during the 1980s. We show that the decline in the real value of the minimium wage and in the rate of unionization...
Persistent link: https://www.econbiz.de/10005545727
This paper analyzes the dynamics of wages and workers' mobility within firms with a hierarchical structure of job levels. The theoretical model proposed by Gibbons and Waldman (1999), that combines the notions of human capital accumulation, job rank assignments based on comparative advantage and...
Persistent link: https://www.econbiz.de/10005729773
This paper documents and discusses a dramatic change in the cyclical behavior of aggregate hours worked by individuals with a college degree (skilled workers) since the mid-1980’s. Using the CPS outgoing rotation data set for the period 1979:1-2003:4, we find that the volatility of aggregate...
Persistent link: https://www.econbiz.de/10005729730
Cet article fait un recensement des analyses theoriques et empiriques concernant les effets possibles de la mobilite internationale des facteurs de production. les resultats et les recommendations du modele de base sont etablis quand prevalent le plein-emploi et l'ajustement complet des marches....
Persistent link: https://www.econbiz.de/10005729823
, inflation rate. …
Persistent link: https://www.econbiz.de/10008671577
We propose methods for testing hypotheses of non-causality at various horizons, as defined in Dufour and Renault (1998, Econometrica). We study in detail the case of VAR models and we propose linear methods based on running vector autoregressions at different horizons. While the hypotheses...
Persistent link: https://www.econbiz.de/10005353142
Persistent link: https://www.econbiz.de/10005353143
This Paper Goes Against the Current That, When Price Ae Determined From a Markup, Labor Is the Main Cause for Inflation …. It Will Be Shown on the Contrary That Capital, Under Its Physical Anf Financial Form, Is the Main Culprit for Inflation … Responsability of Capital with Respect to Inflation Would Be Between 75% and 90%. …
Persistent link: https://www.econbiz.de/10005353190