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Growing out of Poverty: Trends and Patterns of Urban Poverty in China 1988–2002

Appleton, Simon; Song, Lina; Xia, Qingjie - Institute for the Study of Labor (IZA) - 2008

This paper estimates trends in absolute poverty in urban China from 1988 to 2002 using the Chinese Household Income Project (CHIP) surveys. Poverty incidence curves are plotted, showing that poverty has fallen markedly during the period regardless of the exact location of the poverty line....

Persistent link: https://www.econbiz.de/10005566831

Distribution and Growth in an Economy with Limited Needs

Saint-Paul, Gilles - Institute for the Study of Labor (IZA) - 2001

knowledge sector is bounded, as productivity increases, the economy moves from a "Solovian zone" where wages increase with … bliss point can only be made better-off by an increase in diversity. If wages are set by monopoly unions rather than set … employment in the material goods sector. International trade may reduce wages in poor countries and increase them in rich …

Persistent link: https://www.econbiz.de/10005762377

Unemployment, Growth and Fiscal Policy: New Insights on the Hysteresis Hypothesis

Raurich, Xavier; Sala, Hector; Sorolla, Valeri - Institute for the Study of Labor (IZA) - 2004

We develop a growth model with unemployment due to imperfections in the labor market. In this model, wage inertia and balanced budget rules cause a complementarity between capital and employment capable of explaining the existence of multiple equilibrium paths. Hysteresis is viewed as the result...

Persistent link: https://www.econbiz.de/10005822131

Where Has All the Money Gone? Foreign Aid and the Quest for Growth

Chatterjee, Santanu; Giuliano, Paola; Kaya, Ilker - Institute for the Study of Labor (IZA) - 2007

This paper examines fungibility as a possible explanation for the "missing link" between foreign aid and economic growth. The composition of aid plays a crucial role in determining the composition of government spending and, consequently, the magnitude of fungibility and its impact on growth....

Persistent link: https://www.econbiz.de/10005703140

Unemployment Invariance

Karanassou, Marika; Snower, Dennis J. - Institute for the Study of Labor (IZA) - 2002

This paper provides a critique of the "unemployment invariance hypothesis," according to which the behavior of the labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity, and the labor force. Using Solow growth and endogenous growth...

Persistent link: https://www.econbiz.de/10005822664

Nur noch Roboter und Selbstausbeutung? Über die Herausforderungen und Chancen der neuen Welt der Arbeit

Zimmermann, Klaus F. - Institute for the Study of Labor (IZA) - 2015

ist weltweit spürbar und Roboter und Maschinen sind in vielen Ländern bereits Realität. Es wird jedoch die These vertreten …

Persistent link: https://www.econbiz.de/10011269602

The Big Trade-Off in the World of Labor

Zimmermann, Klaus F. - Institute for the Study of Labor (IZA) - 2015

-related aspects. Labor market pressures are felt around the globe, and robots and automation increasingly become reality. However …

Persistent link: https://www.econbiz.de/10011269610

Robots at Work

Graetz, Georg; Michaels, Guy - Institute for the Study of Labor (IZA) - 2015

robot use with a measure of workers' replaceability by robots, which is based on the tasks prevalent in industries before ….37 percentage points. We also find that robots increased both wages and total factor productivity. While robots had no significant …Despite ubiquitous discussions of robots' potential impact, there is almost no systematic empirical evidence on their …

Persistent link: https://www.econbiz.de/10011214029

Welfare Analysis in a Schumpeterian Growth Model with Capital

Hagedorn, Marcus; Kaul, Ashok; Reinthaler, Volker - Institute for the Study of Labor (IZA) - 2001

optimum. The analysis offers several new insights in comparison to the welfare analysis in Aghion and Howitt (1992). We find …

Persistent link: https://www.econbiz.de/10005703487

Financial Development and Economic Growth: Evidence from Ten New EU Members

Caporale, Guglielmo Maria; Rault, Christophe; Sova, Robert - Institute for the Study of Labor (IZA) - 2014

This paper reviews the main features of the banking and financial sector in ten new EU members, and then examines the relationship between financial development and economic growth in these countries by estimating a dynamic panel model over the period 1994-2007. The evidence suggests that the...

Persistent link: https://www.econbiz.de/10011096765