Showing 1 - 10 of 194
In this article, we estimate age based wage and productivity differentials using linked employer-employee Canadian data … also depend on age. Results show concave age-wage and age-productivity profiles. Wage-productivity comparisons show that … the productivity of workers aged 55 and more with at least an undergraduate degree is lower than their wages. For other …
Persistent link: https://www.econbiz.de/10005566442
This paper delves into the recent events that led to the formation of the housing bubble in Spain and the resulting structural change that is arguably needed to put the economy back into the right track. For this purpose we calibrate a model with different equilibria descriptive of the labor...
Persistent link: https://www.econbiz.de/10011250613
understanding a number of issues in macro and labor economics, including changes in wage inequality, productivity, life …
Persistent link: https://www.econbiz.de/10005703753
increase in occupational mobility was due to the increase in the variability of productivity shocks to occupations. The model …
Persistent link: https://www.econbiz.de/10005761630
This paper investigates the role of the rise of services in the narrowing of gender gaps in hours and wages in recent decades. We document the between-industry component of the rise in female work for the U.S., and propose a model economy with goods, services and home production, in which women...
Persistent link: https://www.econbiz.de/10010884218
transformation between agriculture, manufacturing and services. The model can rationalize the observed falling or U-shaped pattern … for aggregate hours, the complete marketization of agriculture and manufacturing, and the shift from agriculture to …
Persistent link: https://www.econbiz.de/10005700867
from stagnation to growth. When agriculture relies on traditional technology, industrial development reduces the relative …
Persistent link: https://www.econbiz.de/10008682947
Growth has been high and widespread in the last decade in Africa. Whether this shift in Africa's fortune has impacted poverty has been a subject of controversy. This paper brings into focus recent evidence on the pace of poverty reduction in Africa and addresses whether or not previously held...
Persistent link: https://www.econbiz.de/10011106160
This paper presents an econometric mediation analysis. It considers identification of production functions and the sources of output effects (treatment effects) from experimental interventions when some inputs are mismeasured and others are entirely omitted.
Persistent link: https://www.econbiz.de/10010884208
Allowing for three labor market settings (perfect competition or right-to-manage bargaining, efficient bargaining and monopsony), this paper relies on an extension of Hall's econometric framework for estimating simultaneously price-cost margins and scale economies. Using an unbalanced panel of...
Persistent link: https://www.econbiz.de/10011276087