Showing 1 - 10 of 18
inventory behavior to include a detailed specification of the role of labor input in the production process and of the costs …-logarithmic form, and derive an estimable system of Euler equations for inventories and employment with implied cross … production process and the definition of labor input as the product of employment and effective hours worked per worker. …
Persistent link: https://www.econbiz.de/10005703129
We use a range of data sources to assess if, and to what extent, government redistribution policies have slowed or accelerated the trend towards greater income disparities in the past 20-25 years. In most countries, inequality among "non-elderly" households has widened during most phases of the...
Persistent link: https://www.econbiz.de/10009325419
This paper analyses the impact of the global economic crisis on unemployment and long term unemployment in the OECD. It uses simple econometric models using panel data (quarterly) and time series data. In general, we find that long term unemployment increases with the unemployment rate, there is...
Persistent link: https://www.econbiz.de/10009359854
We show that a stronger earnings relationship of unemployment compensation reduces wages and increases employment in an economy in which wages are determined by a trade union that maximises the rent from unionisation. The opposite result applies for a utilitarian union. Using manufacturing and...
Persistent link: https://www.econbiz.de/10005761779
International comparisons of minimum-wage levels have largely focused on the gross value of minimum wages, ignoring the effects of taxation on both labour costs and the net income of employees. This paper presents estimates of the tax burdens facing minimum-wage workers. These are used as a...
Persistent link: https://www.econbiz.de/10005762172
This paper examines changes in unionization that have occurred over the last decade or so using individual level micro data on twenty seven of the thirty OECD countries, with particular emphasis on Canada, the United Kingdom and the United States. Micro-data is also used to model union...
Persistent link: https://www.econbiz.de/10005703357
The multivariate technique of factor analysis is used to combine several indicators of economic integration and international transactions into a single measure or index of globalization. The index is an alternative to the simple measure of openness based on trade, and it produces a ranking of...
Persistent link: https://www.econbiz.de/10005703763
Starting from the recent UNICEF publications on child poverty in the developed countries, which received a wide audience in the political and scientific world, in this paper we further analyze the UNICEF study data base and present three composite indices that are multidimensional and...
Persistent link: https://www.econbiz.de/10005763521
The development of the unemployment rate differs substantially between OECD countries. In recent years some countries experienced a mild increase, other countries had a stable unemployment rate, while there are also ‘successful’ countries in which the unemployment rate decreased a lot. A...
Persistent link: https://www.econbiz.de/10005763748
Most of the countries of the OECD are still suffering from the Global Financial Crisis (GFC) (or as the Americans call it the Great Recession), but the Australian economy appears to be powering ahead. It is a miracle economy! Unlike most of the OECD countries, Australia did not even have a...
Persistent link: https://www.econbiz.de/10010681275