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Persistent link: https://www.econbiz.de/10005047949
A convergence model with wealth accumulation subject to i.i.d. random shocks is examined. The transfer function shows what k_{t+1} - wealth at t+1 - would be, given k_t, with no shock: It has a positive slope, but its concavity/convexity is indeterminate. The stationary distribution of wealth...
Persistent link: https://www.econbiz.de/10010604867
A convergence model in which wealth accumulation is subject to i.i.d. random shocks is examined. The accumulation functions shows what k_{t+1} - wealth at t+1 - would be given k_t and with no shock. It has a positive slope, but its concavity or convexity is indeterminate. The focus is the...
Persistent link: https://www.econbiz.de/10010605252
trends in wellbeing.  If the rise in wages that followed the Black Death enticed female servants to delay marriage, it …
Persistent link: https://www.econbiz.de/10011004171
reciprocity and individual wages. However, the direction of causality is unclear. Various aspects of the distribution of the … reciprocity have a positive effect on wages, while the spread in the distribution (standard deviation) has a strong significant …
Persistent link: https://www.econbiz.de/10010604948
-urban divides, forms of migrant labour, rapid rural-urban migration, and high and rising real wages in the formal sector, the two …
Persistent link: https://www.econbiz.de/10010604971
of wages to local unemployment. Examining this spatial relationship, we find that the elasticity of wages to local … on wages. …
Persistent link: https://www.econbiz.de/10010605106
comprises wages, job security and social protection.  Using different econometric models to analyse household survey data from …
Persistent link: https://www.econbiz.de/10008481991
Estimates are produced for differences between the ceteris paribus earnings of union and non-union workers in the UK and the US over time.
Persistent link: https://www.econbiz.de/10005475146
Despite the emerging consensus on the validity of purchasing power parity (PPP) between trading countries in the long run, empirical evidence in favour of the PPP theory is scarce in data predominantly exposed to real shocks. This paper tests for PPP between Norway and its trading partners using...
Persistent link: https://www.econbiz.de/10005090616