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In this essay I review Sylvia Nasar's long awaited new history of economics, Grand Pursuit. I describe how the book is an economic history of the period from 1850-1950, with distinguished economists' stories inserted in appropriate places. Nasar's goal is to show how economists work, but also to...
Persistent link: https://www.econbiz.de/10009404596
The aim of this discussion paper is not only to activate a debate over the interrelation between rising income inequality and economic policy measures but also to initiate comparative research in several European countries and North America. It discusses the consequences of a rising income...
Persistent link: https://www.econbiz.de/10009003477
This paper provides a simple matching model in which unemployed workers and employers in large firms can be matched together through social networks or through more "formal" methods of search. We show that networks do not necessarily add new externalities and that some results previously...
Persistent link: https://www.econbiz.de/10005566629
After having been ignored for a long time by economists, happiness is becoming an object of serious research in 21st century economics. In Section 2 we sketch the present status of happiness economics. In Section 3 we consider the practical applicability of happiness economics, retaining the...
Persistent link: https://www.econbiz.de/10005762324
wirtschaftlich erreichen. In empirischen Studien, die als Grundlage für evidenzbasierte Wirtschaftspolitik dienen können, werden …-experimentellen Designs sollen der Wirtschaftspolitik helfen zu lernen, was funktioniert. …
Persistent link: https://www.econbiz.de/10011098067
Brazil, Russia, India, China and South Africa (BRICS). We contribute to addressing this gap by exploring the patterns of … de-industrialization (Brazil, Russia and South Africa). China is the only country where an expanding manufacturing sector … China and the other BRICS. These differences are down to differences in industrial policy: in China industrial policy …
Persistent link: https://www.econbiz.de/10010884080
Over the course of China's economic reforms, a pronounced divergence in the labor force participation patterns of rural …
Persistent link: https://www.econbiz.de/10010884100
In 2005 China provided duty-free access to 190 items from 25 least developed sub-Saharan African (SSA) countries. Three … years later duty-free access was extended to 454 items from 31 SSA LDCs. We find no evidence that China's preferential …
Persistent link: https://www.econbiz.de/10010884140
Since China promulgated new minimum wage regulations in 2004, the magnitude and frequency of changes in the minimum … changes in China over the period of 2004 to 2009. In contrast to the mixed results of previous studies using provincial … Central regions of China, and result in disemployment for females, young adults, and low-skilled workers. …
Persistent link: https://www.econbiz.de/10010884148
Earnings inequality and earnings determination in urban China 2002 and Russia 2003 are compared using samples covering … earnings reach a maximum at a lower age than in China. The association between education and income in China has increased to … while the publically employed in China enjoy a positive payoff of limited magnitude. …
Persistent link: https://www.econbiz.de/10010884151