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In the neoclassical production functions model technical change (TC) is assumed to be exogenous and it is specified as a function of time. However, some exogenous external factors other than time can also affect the rate of TC. In this paper we model TC via a combination of time trend (purely...
Persistent link: https://www.econbiz.de/10009323543
The unemployment rate in Estonia rose sharply in 2010 to one of the highest levels in the EU, after the country entered a severe recession in 2008. While the rate declined relatively rapidly in 2011, it remained high especially for the less educated. In 2009, the Employment Contract Law relaxed...
Persistent link: https://www.econbiz.de/10009646327
This paper compares the poverty reduction impact of income sources, taxes and transfers across five OECD countries. Since the estimation of that impact can depend on the order in which the various income sources are introduced into the analysis, it is done by using the Shapley value. Estimates...
Persistent link: https://www.econbiz.de/10005822546
This paper estimates the effect of minimum wage regulation in 16 OECD countries, 1970-2008. Our treatment is motivated by Neumark and Wascher's (2004) seminal cross-country study using panel methods to estimate minimum wage effects among teenagers and young adults. Apart from the longer time...
Persistent link: https://www.econbiz.de/10008455546
Unsere (Arbeits-)Welt scheint sich mit zunehmender Geschwindigkeit zu verändern. Der vorliegende Beitrag beschreibt zentrale Aspekte dieser Entwicklung und diskutiert ihre voraussichtlichen Auswirkungen auf Arbeit und Beschäftigung. Der Wandel ist weltweit spürbar und Roboter und Maschinen...
Persistent link: https://www.econbiz.de/10011269602
Der Artikel zeigt in den grundlegenden Zügen die Entwicklung in Ostdeutschland seit dem Beginn der Umstrukturierung auf und zieht eine Bilanz zum Stand des Anpassungsprozesses 20 Jahre nach dem Mauerfall. Wie sich an der Entwicklung der Wirtschaftsleistung zeigen lässt, ist der wirtschaftliche...
Persistent link: https://www.econbiz.de/10008615433
We estimate the impact of workforce diversity on productivity, wages and productivity-wage gaps (i.e. profits) using … econometric issues, show that educational (age) diversity is beneficial (harmful) for firm productivity and wages. The … industries. Overall, findings do not point to sizeable productivity-wage gaps except for age diversity. …
Persistent link: https://www.econbiz.de/10010990939
between wage/productivity differentials and the firm's labor composition in terms of part-time and sex. Findings suggest that … lower wages for women, relatively higher productivity for part-timers). Interactions between gender and part-time suggest … that the positive productivity effect is driven by male part-timers working more than 25 hours, whereas the share of female …
Persistent link: https://www.econbiz.de/10010990941
In this note we use unique data from Bar-Ilan University, over a period of four years (2005-2008), to estimate simultaneous equations with regard to the relationship between publications and teaching loads. The study shows that students studying for a bachelor's degree are a liability while PhD...
Persistent link: https://www.econbiz.de/10010884179
We provide first evidence regarding the direct impact of educational mismatch on firm productivity. To do so, we rely … productivity, we find that: i) a higher level of required education exerts a significantly positive influence on firm productivity …, ii) additional years of over-education (both among young and older workers) are beneficial for firm productivity, and iii …
Persistent link: https://www.econbiz.de/10010884237