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Asset Poverty in the United States, 1984-1999: Evidence from the Panel Study of Income Dynamics

Caner, Asena; Wolff, Ed - EconWPA - 2002

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

The 'War on Poverty' after 40 Years: A Minskyan Assessment

Wray, L. Randall; Bell, Stephanie A. - EconWPA - 2004

Hyman Minsky is best known for his work in the area of financial economics, and especially for his financial instability hypothesis. In recent years, some authors have also recognized his advocacy of the “employer of last resort” as part of his “big government” intervention to help...

Persistent link: https://www.econbiz.de/10005561207

Theoretical Aspects of Retirement Decisions

Verbic, Miroslav - EconWPA - 2002

Paper presents a survey of five different approaches to retirement decision analysis. Simple life cycle labour supply model leads to a classical optimization problem of choice between work and leisure, but it is highly limited in explaining retirement decision as a static approach. Comparative...

Persistent link: https://www.econbiz.de/10005135080

Employment in Poland 2005

Bukowski, Maciej; Lewandowski, Piotr; Magda, Iga; … - EconWPA - 2005

present a comprehensive statistical and econometric analysis of employment, unemployment and participation in Poland in the … with some policy prescriptions. At the moment Poland exhibits the highest unemployment rate in OECD and one of the lowest … increase of unemployment in 1998- 1999 and its later persistence. We find that the supply-side characteristics and sectoral …

Persistent link: https://www.econbiz.de/10005556757

Human Capital in Transitional Russia

Vernon, Victoria - EconWPA - 2002

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

Fiscal Policy, Human Capital, and Canada-US Labor Market Integration

Wildasin, David E. - EconWPA - 2003

This paper analyzes some of the implications of North American labor market integration for fiscal policy. The economies of Canada and the US are both characterized by highly integrated internal markets for goods and services as well as for labor and capital, and subnational governments in both...

Persistent link: https://www.econbiz.de/10005076579

STATISTICS UNDER THE SPOTLIGHT: IMPROVING THE CONSUMER PRICE INDEX

Barnett, William A.; Abraham, Katharine G.; Gordon, … - EconWPA - 1996

The position taken by William Barnett in this panel discussion is that federal government agencies, including the Bureau of Labor Statistics, view researchers as being among those who comprise the audience for produced data, but not necessarily the most important members of that audience....

Persistent link: https://www.econbiz.de/10005407628

Duration and Risk of Unemployment in Argentina

Sebasti=E1n Galiani; Hopenhayn, Hugo A. - EconWPA - 2001

After a decade of structural reforms, unemployment rates have tripled in Argentina. This paper is concerned with the … measurement of unemployment risk and its distribution. We show the importance of considering re-incidence in the measurement of … risk and develop a methodology. Our estimates for Argentina show that, though the typical unemployment spell is short, once …

Persistent link: https://www.econbiz.de/10005556763

A Dynamic Approach to the Relationship between Inequality, Social Capital and Institutions

Caramuta, Diego - EconWPA - 2005

One of the main objectives of this paper is to show the dynamics that relates inequality, social capital and institutions. The most important result is that these dynamics could generate multiple equilibria. Thus, we can identify two types of equilibria: one with a low level of social capital...

Persistent link: https://www.econbiz.de/10005407735

Transition in FSU and sub-Saharan countries: The role of institutions

Laurila, Juhani - EconWPA - 2002

This study compares transition processes in countries of Central and Eastern Europe, the former Soviet Union (FSU) and sub-Saharan Africa. By widening the scope from most- to least-developed transition economies, the study establishes the importance of a strong state with evolved institutional...

Persistent link: https://www.econbiz.de/10005076830

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