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Evaluating the effect of tax deductions on training
Leuven, Edwin; Oosterbeek, Hessel - EconWPA - 2002
wages. We find that the training rate of workers just above 40 is about 15-20 percent higher than the training rate of …
Persistent link: https://www.econbiz.de/10005125714
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Market Indicators, Bank Fragility, and Indirect Market Discipline
Gropp, Reint; Jukka, Vesala; Vulpes, Giuseppe - EconWPA - 2004
We examine whether two commonly used indicators of bank fragility, the subordinated debt spread and KMV’s distance to default, yield signals in line with supervisors’ interests. We argue that supervisors would prefer indicators that are strictly increasing in earnings, and decreasing in...
Persistent link: https://www.econbiz.de/10005561616
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In ow into Unemployment: Employment Spells and Unemployment Insurance
Jurajda, Stepan - EconWPA - 2001
This paper uses U.S. micro level data on employment durations to quantify the effect of potential Unemployment Insurance (UI) entitlement on job separations. Economic theory motivates estimation of a competing risk hazard model for quits and layoffs. The estimation procedure simultaneously...
Persistent link: https://www.econbiz.de/10005125772
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Stages of Growth in Economic Development
Kejak, Michal - EconWPA - 2001
The paper analyses a two-sector model of endogenous growth with two common features of economic development: stages of sustained growth and underdevelopment traps. The model also demonstrates the transitional issues of a temporary underdevelopment trap, seemingly sustainable growth, and a...
Persistent link: https://www.econbiz.de/10005407679
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Human Capital and Labour Productivity, Integration of Institutions and Endogenous Growth
Delsen, Lei; Schonewille, Mark - EconWPA - 1999
This paper is part of a project that attempts to reveal the way labour market institutions, human capital and labour productivity are interconnected. First we discuss two approaches in the human capital theory, stressing some difficulties that could be solved if the approaches are combined. It...
Persistent link: https://www.econbiz.de/10005125046
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Decomposing productivity and wage effects of intraestablishment labor restructuring
Maliranta, Mika; Ilmakunnas, Pekka - EconWPA - 2005
Aggregate productivity growth can be decomposed into growth within establishments, between establishments, and the impact of entering and exiting establishments. We demonstrate that such a productivity decomposition formula can also be used for studying intraestablishment restructuring through...
Persistent link: https://www.econbiz.de/10005408335
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Why do capital intensive companies pay higher wages?
Virén, Matti - EconWPA - 2005
An obvious answer to this question is the capital-skill complementarity hypothesis originally proposed by Zwi Griliches (1969). But the relatively poor performance of this hypothesis suggests that other explanations are needed. Here we consider the labour union behaviour in the wage bargaining...
Persistent link: https://www.econbiz.de/10005125811
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Social Networks in Determining Employment and Wages: Patterns, Dynamics, and Inequality
Calvo-Armengol, Antoni; Jackson, Matthew O. - EconWPA - 2002
to an increase in the agent's employment probability and expected wages, in the sense of first order stochastic dominance … show that employment is positively correlated across time and agents, and the same is true for wages. Moreover … status or a smaller network, then that group's drop-out rate will be higher and their employment prospects and wages will be …
Persistent link: https://www.econbiz.de/10005135002
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Does tariff liberalization increase wage inequality? Some empirical evidence
Milanovic, Branko; Squire, Lyn - EconWPA - 2005
The objective of the paper is to answer an often-asked question : if tariff rates are reduced, what will happen to wage inequality ? We consider two types of wage inequality : between occupations (skills premium), and between industries. We use two large data bases of wage inequality that have...
Persistent link: https://www.econbiz.de/10005408336
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Chutes or Ladders? A Longitudinal Analysis of Immigrant Earnings
Lubotsky, Darren - EconWPA - 2000
This study uses Social Security earnings records matched to recent cross-sections of the SIPP and CPS to study the earnings progress of U.S. immigrants.The data show that immigrants' earnings grow 10 to 13 percent during their first twenty years in the U.S. relative to the earnings of natives...
Persistent link: https://www.econbiz.de/10005408366