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Bubble Economics and Structural Change: The Cases of Spain and France Compared
Agnese, Pablo; Hromcová, Jana - Institute for the Study of Labor (IZA) - 2015
with different equilibria descriptive of the labor markets in Spain and France, where the unemployment rates went from the … unemployment rate in Spain has jumped to much higher levels while switching between equilibria or, what is the same, because of …
Persistent link: https://www.econbiz.de/10011250613
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Structural Change and Innovation as Exit Strategies from the Middle Income Trap
Vivarelli, Marco - Institute for the Study of Labor (IZA) - 2014
This paper is intended to provide an updated discussion on a series of issues that the relevant literature suggests to be crucial in dealing with the challenges a middle income country may encounter in its attempts to further catch-up a higher income status. In particular, the conventional...
Persistent link: https://www.econbiz.de/10010884188
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Stages of Diversification in a Neoclassical World
Batista, Catia; Potin, Jacques - Institute for the Study of Labor (IZA) - 2013
Recent research has documented a U-shaped industrial concentration curve over an economy's development path. How far can neoclassical trade theory take us in explaining this pattern? We estimate the production side of the Heckscher-Ohlin model using industry data on 44 developed and developing...
Persistent link: https://www.econbiz.de/10010959660
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Capital-Labor Substitution, Structural Change and the Labor Income Share
Alvarez-Cuadrado, Francisco; Long, Ngo Van; Poschke, Markus - Institute for the Study of Labor (IZA) - 2015
Recent work has documented declines in the labor income share in the United States and beyond. This paper documents that these trends differ between manufacturing and services in the U.S. and in a broad set of other industrialized economies, and shows that a model where the degree of...
Persistent link: https://www.econbiz.de/10011214035
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Capital-Labor Substitution, Structural Change and Growth
Alvarez-Cuadrado, Francisco; Long, Ngo Van; Poschke, Markus - Institute for the Study of Labor (IZA) - 2015
There is a growing interest in multi-sector models that combine aggregate balanced growth, consistent with the well-known Kaldor facts, with systematic changes in the sectoral allocation of resources, consistent with the Kuznets facts. Although variations in the income elasticity of demand...
Persistent link: https://www.econbiz.de/10011214040
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Structural Labor Market Changes in France
Estevão, Marcello; Nargis, Nigar - Institute for the Study of Labor (IZA) - 2005
, structural unemployment may have changed in the period. We provide a novel methodology to separate structural from cyclical labor … between real wages and unemployment has improved significantly in France in the second half of the 1990s. Further calculations … suggest that long-term unemployment will decline substantially in France with respect to its average level in the 1990s if …
Persistent link: https://www.econbiz.de/10005233805
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Industry Churning and the Evolution of Cities: Evidence for Germany
Findeisen, Sebastian; Suedekum, Jens - Institute for the Study of Labor (IZA) - 2007
In this paper we show that the recent model by Duranton (AER, 2007) performs remarkably well in replicating the city size distribution of West Germany, much better than the simple rank-size rule known as Zipf’s law. The main mechanism of this theoretical framework is the "churning" of...
Persistent link: https://www.econbiz.de/10005233878
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Mind the Gap: Unemployment in the New EU Regions
Ferragina, Anna Maria; Pastore, Francesco - Institute for the Study of Labor (IZA) - 2005
The paper surveys the theoretical and empirical literature on regional unemployment during transition in Central and … and institutional rigidities. Slow-growth, high-unemployment regions are those with backward economic structures and … unanswered of how unemployment differences arise in the first place. Economic transition provides an excellent testing ground to …
Persistent link: https://www.econbiz.de/10005761820
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Benchmarking Structural Change in Transition
Raiser, Martin; Schaffer, Mark; Schuchardt, Johannes - Institute for the Study of Labor (IZA) - 2003
The transition to market-based economic systems in the countries of Central and Eastern Europe and the former Soviet Union involves fundamental shifts in the allocation of resources and deep changes in the structure of production and employment. This paper uses a simple model of economic...
Persistent link: https://www.econbiz.de/10005762092
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Welfare State Retrenchment: The Partisan Effect Revisited
Amable, Bruno; Gatti, Donatella; Schumacher, Jan - Institute for the Study of Labor (IZA) - 2006
insurance or unemployment benefits. Partisan influence plays an important role in the dynamics of the welfare state. Left …
Persistent link: https://www.econbiz.de/10005703265