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This paper applies parametric and nonparametric techniques to the most recent data from the Russian Longitudinal Monitoring Survey (RLMS) 1992- 2000 and shows the returns to schooling increased over the course of transition, overall and for attainment cohorts neither at the top nor bottom of the...
Persistent link: https://www.econbiz.de/10005076535
This paper analyzes some of the implications of North American labor market integration for fiscal policy. The … for labor and capital, and subnational governments in both economies play an important role in the financing and provision … suggest that ``trade and migration are substitutes,'' labor markets in both the US and Canada exhibit substantial and …
Persistent link: https://www.econbiz.de/10005076579
Using PSID data for the years 1984 to 1999, we estimate the level and severity of asset poverty. Our results indicate that the share of asset- poor households remained almost the same and the severity of poverty increased during this period, despite the growth in the economy and the financial...
Persistent link: https://www.econbiz.de/10005135007
Bureau of Labor Statistics, view researchers as being among those who comprise the audience for produced data, but not …
Persistent link: https://www.econbiz.de/10005407628
very unequally in the labor force. This counters the established view that unemployment is a small risk, short …
Persistent link: https://www.econbiz.de/10005556763
Persistent link: https://www.econbiz.de/10005125711
We investigate the steady decline in aggregate unemployment rates in Korea since the 1960's. We argue that a pronounced decrease in the intensity of reallocation shocks, which resulted in a downward trend in the natural rate of unemployment, has been an important factor in this decline. Our...
Persistent link: https://www.econbiz.de/10005125761
workforce. If the reform is successful there are likely to be effects felt throughout the low-- skilled end of the labor market …. As former welfare recipients enter the labor market, they may exert downward pressure on wages or displace employment of … others already in the labor market. Since there has been limited changes in eligibility for federal welfare programs from …
Persistent link: https://www.econbiz.de/10005125827
This paper looks at the history of money and its modern form from a scientific and mathematical point of view. The approach here is to emphasize simplicity. A straightforward model and algebraic formula for a large economy analogous to the ideal gas law of thermodynamics is proposed. It may be...
Persistent link: https://www.econbiz.de/10005126382
This paper analyzes the effects of anticipated inflation on the resource allocations between production and financial services. We develop a model with heterogeneous workers and two sectors economy. A manufacturing sector producing a final composite good and a financial sector providing monetary...
Persistent link: https://www.econbiz.de/10005126418