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The growing importance of family and community : an analysis of changes in the sibling correlation in earnings

Mazumder, Bhashkar (contributor); … - 2003 - [Elektronische Ressource]

"This study presents evidence that the correlation in brothers' earnings has risen in recent decades. We use two distinct cohorts of young men from the National Longitudinal Surveys and estimate that the correlation in earnings between brothers rose from 0.26 to 0.45. This suggests that family...

Persistent link: https://www.econbiz.de/10001920916

The case of the missing productivity growth : or, does information technology explain why productivity accelerated in the United States but not the United Kingdom?

Basu, Susanto (contributor); Fernald, John G. (contributor); … - 2003 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001914274

The role of real wages, productivity and fiscal policy in Germany's Great Depression 1928-1937

Fisher, Jonas D.M.; Hornstein, Andreas - Federal Reserve Bank of Chicago - 2001

-37. In this time period, real wages were countercyclical, and productivity and fiscal policy were procyclical. We use the … neoclassical growth model to investigate how much these factors contribute to the Depression. We find that real wages, which were … in productivity and fiscal policy were also important for the decline and recovery. Even though our analysis is limited …

Persistent link: https://www.econbiz.de/10005419926