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Key macro indicators such as output, productivity, and inflation are based on a complex system across multiple statistical agencies using different samples and different levels of aggregation. The Census Bureau collects nominal sales, the Bureau of Labor Statistics collects prices, and the...
Persistent link: https://www.econbiz.de/10012479421
We develop a model for decomposing the covariance structure of panel data on firms into a part due to permanent heterogeneity, a part due to differential histories with unknown ages, and a part due to the evolution of economic shocks to the firm. Our model allows for the endogenous death of...
Persistent link: https://www.econbiz.de/10012473786
Persistent link: https://www.econbiz.de/10000326015
United Kingdom and Canada: both countries experienced similar slowdowns in the rate of growth of educational attainment …
Persistent link: https://www.econbiz.de/10012471112
Were high import tariffs somehow related to the strong U.S. economic growth during the late nineteenth century? This paper examines this frequently mentioned but controversial question and investigates the channels by which tariffs could have promoted growth during this period. The paper shows...
Persistent link: https://www.econbiz.de/10012471128
This paper utilizes a unique dataset collected through site visits to extend the analysis of the relationship between the human resource management environment and establishment performance to the service sector, specifically the branch operations of a large bank. Case studies of several...
Persistent link: https://www.econbiz.de/10012471309
We present a model that shows that exchange rate pass-through is likely to be substantially altered when firms face antidumping (AD) duties and that optimal pass-through of AD duties may be up to 200 percent. We examine both pass-through issues using monthly prices across 345 U.S.- imported...
Persistent link: https://www.econbiz.de/10012471406
, from other jurisdictions. This omission is particularly disturbing in the case of Canada, which now has some of the most … extensive pay equity legislation in the world. In this paper we provide a comprehensive picture, circa the late 1980's, of the … occupational gender segregation in Canada and its consequences for wages. The sample period precedes many provincial pay equity …
Persistent link: https://www.econbiz.de/10012471413
Several recent studies have found that earnings inequality in Canada has grown considerably since the late 1970's …
Persistent link: https://www.econbiz.de/10012471414
During the 1980s, U.S. firms that announced stock repurchase programs earned favorable long-run returns. Recently …
Persistent link: https://www.econbiz.de/10012471459