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Labor Versus Capital in Trade-Policy Determination : The Role of General-Interest and Special-Interest Politics

Dutt, Pushan - 2003

Trade policy depends on the extent to which the government wants to redistribute income as well as on a country's overall factor endowments and their distribution. While the government's desire to redistribute income itself is dependent on asset distribution, it is to a large extent also driven...

Persistent link: https://www.econbiz.de/10012468610

Generalized Solow-Neutral Technical Progress and Postwar Economic Growth

Boskin, Michael J. - 2000

Using revised, updated, and consistent annual post-World War II data from the G-7 countries developed by us, we econometrically estimate and test alternative explanations of the structure of economic growth in a model with three inputs tangible capital, labor, and human capital which permits the...

Persistent link: https://www.econbiz.de/10012470707

Underemployment in the US and Europe

Bell, David N.F. - 2018

though the unemployment rate has returned to its pre-recession levels in many advanced countries, underemployment in most has …We produce estimates for a new, and better, underemployment rate for twenty-five European countries. In most … underemployment remains elevated. We provide evidence for the UK and the US as well as some international evidence that …

Persistent link: https://www.econbiz.de/10012480582

Recent Flattening in the Higher Education Wage Premium : Polarization, Skill Downgrading, or Both?

Valletta, Robert G. - 2016

Wage gaps between workers with a college or graduate degree and those with only a high school degree rose rapidly in the United States during the 1980s. Since then, the rate of growth in these wage gaps has progressively slowed, and though the gaps remain large, they were essentially unchanged...

Persistent link: https://www.econbiz.de/10012455745

Accounting For The Decline in Union Membership

Dickens, William T. - 1984

Since the early 50s, the percent of the workforce organized by unions has declined considerably. In the most recent decade that rate of decline has accelerated sharply. In an attempt to discover what factors can account for the overall decline and the further deterioration during the 70s, we...

Persistent link: https://www.econbiz.de/10012477821

Labor Market Institutions and the Distribution of Wages : The Role of Spillover Effects

Fortin, Nicole Marie; Lemieux, Thomas; Lloyd, Neil - National Bureau of Economic Research - 2021

This paper examines the role of spillover effects of minimum wages and threat effects of unionization in changes in wage inequality in the United States between 1979 and 2017. A distribution regression framework is introduced to estimate both types of spillover effects. Threat effects double the...

Persistent link: https://www.econbiz.de/10012482593

Faculty Preferences over Unionization : Evidence from Open Letters at Two Research Universities

Waldfogel, Joel - 2016

What determines employee preferences for unionizing their workplaces? A substantial literature addresses this question with surveys on worker attitudes and pay. Unionization drives at the Universities of Minnesota and Washington have given rise to open letters of support or opposition from over...

Persistent link: https://www.econbiz.de/10012456526

Efficient Local Government Service Provision : The Role of Privatization and Public Sector Unions

Jerch, Rhiannon - 2016

Local governments spend roughly $1.6 trillion per year to provide a variety of public services ranging from police and fire protection to public schools and public transit. However, we know little about public sector's productivity in delivering key services. To understand the productivity both...

Persistent link: https://www.econbiz.de/10012456586

The Long-Term Effects of Industrial Policy

Choi, Jaedo; Levchenko, Andrei A. - National Bureau of Economic Research - 2021

This paper provides causal evidence of the impact of industrial policy on firms' long-term performance and quantifies industrial policy's long-term welfare effects. Using a natural experiment and unique historical data during the Heavy and Chemical Industry (HCI) Drive in South Korea, we find...

Persistent link: https://www.econbiz.de/10012629483

Firm-Specific Information and the Efficiency of Investment

Chari, Anusha - 2006

We use a new firm-level dataset to examine the efficiency of investment in emerging economies. In the three-year period following stock market liberalizations, the growth rate of the typical firm's capital stock exceeds its pre-liberalization mean by an average of 5.4 percentage points....

Persistent link: https://www.econbiz.de/10012466482

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