Showing 1 - 10 of 29
the unskilled. By contrast, in Europe it is undoubtedly the rise and persistence of unemployment. Technology has been … identified as a key reason for the rising US wage inequality, while labor market rigidities are often cited as a key reason for … European unemployment. This paper seeks to provide a unified account of these major factor market developments. It models the …
Persistent link: https://www.econbiz.de/10012473209
Populism may seem like it has come out of nowhere, but it has been on the rise for a while. I argue that economic history and economic theory both provide ample grounds for anticipating that advanced stages of economic globalization would produce a political backlash. While the backlash may have...
Persistent link: https://www.econbiz.de/10012455123
This paper provides a simple conceptual framework that captures how different perceptions, attitudes, and biases about immigrants or minorities can shape preferences for redistribution. Through the lens of this framework, we review the empirical literature on the effects of racial diversity and...
Persistent link: https://www.econbiz.de/10012479144
The aim of this paper is to describe the full dimensions of a new and rapidly growing research program that uses new data sources on food consumption, anthropometric measures, genealogies, and life-cycle histories to shed light on secular trends in nutritional status, health, mortality, and the...
Persistent link: https://www.econbiz.de/10012474333
The modern secular decline in mortality in Western Europe did not begin until the 1780s and the first wave of improvement was over by 1840. The elimination of famines and of crisis mortality played only a secondary role during the first wave of the decline and virtually none thereafter....
Persistent link: https://www.econbiz.de/10012475604
composition in subsamples of the Current Population Survey extracts. This compositional change is specific to Miami, unrelated to … the Boatlift, and arises from selecting small subsamples of workers. We also show that conflicting findings on the labor …
Persistent link: https://www.econbiz.de/10012455248
Unemployment is notoriously difficult to predict. In previous studies, once country fixed effects are added to panel … estimates, few variables predict changes in unemployment rates. Using panel data for 29 European countries over 439 months … unemployment rate 12 months in advance based on individuals' fears of unemployment, their perceptions of the economic situation and …
Persistent link: https://www.econbiz.de/10012616620
Econometric evidence suggests that the non-accelerating inflation rate of unemployment (the NAIRU) has risen sharply in … unemployment …
Persistent link: https://www.econbiz.de/10012477246
, permanent unemployment subsidies, firing costs, etc. Such policies create incentives to develop and adopt labor saving capital … suggests that the main difference between Europe and the US in this respect is their different labor market policies. European … countries reduce wage flexibility and inequality through a host of labor market regulations, like binding minimum wage laws …
Persistent link: https://www.econbiz.de/10012466081
This paper develops a simple framework for examining human capital accumulation, unemployment, and relative wages in a … statics are examined, including changes in educational capital and population, entry of new countries to the trading world …, technical change, and a productivity slowdown. We derive the consequences for the skilled-to-unskilled wage gap, unemployment …
Persistent link: https://www.econbiz.de/10012472680