We estimate changes in the productivity of schooling for six East Asian countries. Our productivity measure is based on changes in the relative price of schooling. A rising price of schooling relative to other labor-intensive service sectors should indicate declining relative schooling...

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In this paper, we abandon the stylized median voter and study (i) how distributional tensions can act in many different ways depending on social affinity and on the prospect of upward or downwardmobility of the different income classes, (ii) income distribution dynamics, intergenerational...

Die entwicklungspolitische Debatte hat lange darunter gelitten, daß ihr eine überzeugende theoretische Grundlage fehlte. Dies beginnt sich seit einigen Jahren mit dem Aufkommen der "neuen" Wachstumstheorie zu ändern. Deren Implikationen stützen das, was neoklassisch orientierte...

The paper empirically examines three possible reasons for the high and rising unemployment of low-skilled employees in Germany: (i) an upsurge in interindustry trade, (ii) a skill-biased technical change, and (iii) a failure of labour market adjustment. The empirical analyses indicate that an...

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