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graduate degrees. Returns to schooling are higher for women; but this gain is more than offset by the large gender wage gap …. The gender wage differential increased over the years especially for younger women and women without higher education … higher, especially for women, and the gender wage differential is now more than twice as large in Russia than in the U.S. …
Persistent link: https://www.econbiz.de/10005076535
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
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
There is a general misconception on the impact of marginal tax rates. Following the hypothesis of optimising economic agents, it is proper that marginal rates enter the discussion. The only issue is that the margin mu= st be computed correctly. In dynamics, one must take account of the fact tha=...
Persistent link: https://www.econbiz.de/10005408095
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
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 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
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...
Persistent link: https://www.econbiz.de/10005556763
Persistent link: https://www.econbiz.de/10005125711
The recent reform of the federal welfare system is meant to encourage recipients to leave welfare and enter the 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,...
Persistent link: https://www.econbiz.de/10005125827