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Education, growth and income inequality
Teuling, Coen; Rens, Thijs van - Department of Economics and Business, Universitat … - 2001
-country panel data on income inequality to estimate the private return and GDP data to estimate the social return. The results show …
Persistent link: https://www.econbiz.de/10005704916
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Skill-biased technological change and the business cycle
Balleer, Almut; Rens, Thijs van - Department of Economics and Business, Universitat … - 2008
Over the past two decades, technological progress in the United States has been biased towards skilled labor. What does this imply for business cycles? We construct a quarterly skill premium from the CPS and use it to identify skill-biased technology shocks in a VAR with long-run restrictions....
Persistent link: https://www.econbiz.de/10004969342
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Wage inequality and unemployment with overeducation
Morató, Xavier Cuadras; Mateos-Planas, Xavier - Department of Economics and Business, Universitat … - 2006
the US labour market between 1970 and 1990. These include the increasing inequality in wages, both between and within …
Persistent link: https://www.econbiz.de/10005704849
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Are changes in education important for the wage premium and unemployment?
Morató, Xavier Cuadras; Planas, Xavier Mateos - Department of Economics and Business, Universitat … - 2003
A generalized rise in unemployment rates for both college and high-school graduates, a widening education wage premium, and a sharp increase in college education participation are characteristic features of the transformations of the U.S. labor market between 1970 and 1990. This paper...
Persistent link: https://www.econbiz.de/10005772255
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Wage rigidity and job creation
Haefke, Christian; Sonntag, Marcus; Rens, Thijs van - Department of Economics and Business, Universitat … - 2007
Recent research in macroeconomics emphasizes the role of wage rigidity in accounting for the volatility of unemployment fluctuations. We use worker-level data from the CPS to measure the sensitivity of wages of newly hired workers to changes in aggregate labor market conditions. The wage of new...
Persistent link: https://www.econbiz.de/10005772474
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Adopting a new religion: The case of Protestantism in 16th Century Germany
Cantoni, Davide - Department of Economics and Business, Universitat … - 2011
Using a rich dataset of territories and cities of the Holy Roman Empire in the 16th century, this paper investigates the determinants of adoption and diffusion of Protestantism as a state religion. A territory’s distance to Wittenberg, the city where Martin Luther taught, is a major...
Persistent link: https://www.econbiz.de/10008926997
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Persecution perpetuated: The medieval origins of anti-semitic violence in Nazi Germany
Voigtländer, Nico; Voth, Joachim - Department of Economics and Business, Universitat … - 2011
How persistent are cultural traits? This paper uses data on anti-Semitism in Germany and finds continuity at the local level over more than half a millennium. When the Black Death hit Europe in 1348-50, killing between one third and one half of the population, its cause was unknown. Many...
Persistent link: https://www.econbiz.de/10009002564
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Unemployment vs. mismatch of talents: Reconsidering unemployment benefits
Marimon, Ramon; Zilibotti, Fabrizio - Department of Economics and Business, Universitat … - 1997
unemployment, productivity growth and wage inequality. To show this, we construct two fictitious economies with calibrated …-faire economy (US), unemployment remains constant, but wage inequality increases more and productivity grows less due to larger …
Persistent link: https://www.econbiz.de/10005704854
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Heterogeneous life-cycle profiles, income risk and consumption inequality
Primiceri, Giorgio E.; Rens, Thijs van - Department of Economics and Business, Universitat … - 2006
Was the increase in income inequality in the US due to permanent shocks or merely to an increase in the variance of …-cycle changes, transitory and permanent shocks and estimate the contribution of each to total inequality. Our model fits the joint … evolution of consumption and income inequality well and delivers two main results. First, we find that permanent changes in …
Persistent link: https://www.econbiz.de/10005771959
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Why England? Demand, growth and inequality during the Industrial Revolution
Voigtländer, Nico; Voth, Joachim - Department of Economics and Business, Universitat … - 2005
Why was England first? And why Europe? We present a probabilistic model that builds on big-push models by Murphy, Shleifer and Vishny (1989), combined with hierarchical preferences. The interaction of exogenous demographic factors (in particular the English low-pressure variant of the European...
Persistent link: https://www.econbiz.de/10005772100