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An Empirical Study of the Relationships between CO2 Emissions, Economic Growth and Openness
Choi, Eunho; Heshmati, Almas; Cho, Yongsung - Institute for the Study of Labor (IZA) - 2010
This paper investigates the existence of the environmental Kuznets curve (EKC) for carbon dioxide (CO2) emissions and its causal relationships with economic growth and openness by using time series data (1971-2006) from China (an emerging market), Korea (a newly industrialized country), and...
Persistent link: https://www.econbiz.de/10008693845
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Oil Exports and the Iranian Economy
Esfahani, Hadi Salehi; Mohaddes, Kamiar; Pesaran, Hashem - Institute for the Study of Labor (IZA) - 2009
significant negative long run association between inflation and real GDP, which is suggestive of economic inefficiencies. Once the …
Persistent link: https://www.econbiz.de/10008527294
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Inflation, Minimum Wage and Other Wages: An Econometric Study on French Macroeconomic Data
L'Horty, Yannick; Rault, Christophe - Institute for the Study of Labor (IZA) - 2003
This paper examines the set of interdependences between the formation of wages, prices and the minimum wage (SMIC) through a vectorial error correction model estimated on French quarterly macroeconomic data covering the 1970-1/1999-4 period. Two periods are distinguished: the period of inflation...
Persistent link: https://www.econbiz.de/10005233863
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The Short- and Long-Run Determinants of Less-Educated Immigration into U.S. States
Simpson, Nicole B.; Sparber, Chad - Institute for the Study of Labor (IZA) - 2012
differences in (short-term) GDP fluctuations between origin countries and U.S. states, and perhaps to (long-term) trend GDP … differences as well. More specifically, short-run GDP fluctuations pull less-educated male immigrants into certain U.S. states …, whereas GDP trends push less-educated male immigrants out of their countries of origin. Effects for less-educated women are …
Persistent link: https://www.econbiz.de/10011279271
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Innocent Bystanders? Monetary Policy and Inequality in the U.S.
Coibion, Olivier; Gorodnichenko, Yuriy; Kueng, Lorenz; … - Institute for the Study of Labor (IZA) - 2012
We study the effects and historical contribution of monetary policy shocks to consumption and income inequality in the United States since 1980. Contractionary monetary policy actions systematically increase inequality in labor earnings, total income, consumption and total expenditures....
Persistent link: https://www.econbiz.de/10010884139
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Public-Private Sector Wage Differentials by Type of Contract: Evidence from Spain
Ramos, Raul; Sanromá, Esteban; Simón, Hipólito - Institute for the Study of Labor (IZA) - 2014
The article examines public-private sector wage differentials in Spain using microdata from the Structure of Earnings Survey (Encuesta de Estructura Salarial). When applying various decomposition techniques, we find that it is important to distinguish by gender and type of contract. Our results...
Persistent link: https://www.econbiz.de/10010884225
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A Reappraisal of the Inflation-Unemployment Tradeoff
Snower, Dennis; Karanassou, Marika; Sala, Hector - Institute for the Study of Labor (IZA) - 2002
This paper offers a reappraisal of the inflation-unemployment tradeoff, based on "frictional growth" describing the interplay between nominal frictions and money growth. When the money supply grows in the presence of price inertia (due to staggered wage contracts with time discounting), the...
Persistent link: https://www.econbiz.de/10005761764
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How Wages Change: Micro Evidence from the International Wage Flexibility Project
Dickens, William T.; Goette, Lorenz; Groshen, Erica L.; … - Institute for the Study of Labor (IZA) - 2006
How do the complex institutions involved in wage setting affect wage changes? The International Wage Flexibility Project provides new microeconomic evidence on how wages change for continuing workers. We analyze individuals’ earnings in 31 different data sets from sixteen countries, from which...
Persistent link: https://www.econbiz.de/10005762175
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The Role of Demographics in Precipitating Crises in Financial Institutions
Macunovich, Diane - Institute for the Study of Labor (IZA) - 2009
There are significant effects of changing demographics on economic indicators: growth in GDP especially, but also the … effects, with increases in that age group exerting strong positive effects on GDP growth, and negative effects on the CAB and …
Persistent link: https://www.econbiz.de/10008565208
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Partisan Impacts on the Economy: Evidence from Prediction Markets and Close Elections
Snowberg, Erik; Wolfers, Justin; Zitzewitz, Eric - Institute for the Study of Labor (IZA) - 2006
Political economists interested in discerning the effects of election outcomes on the economy have been hampered by the problem that economic outcomes also influence elections. We sidestep these problems by analyzing movements in economic indicators caused by clearly exogenous changes in...
Persistent link: https://www.econbiz.de/10005703211