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In the last decade, economists have produced a considerable body of research suggesting that the historical origin of a country's laws is highly correlated with a broad range of its legal rules and regulations, as well as with economic outcomes. We summarize this evidence and attempt a unified...
Persistent link: https://www.econbiz.de/10012465031
Persistent link: https://www.econbiz.de/10011890865
from agriculture to non-agriculture and from rural to urban areas. We combine rich household and individual-level panel …. We disentangle the role of insecure property rights from other labor mobility frictions for the reallocation of labor … occupations. We explicitly model the farming household and the endogenous decisions of who operates the family farm and who …
Persistent link: https://www.econbiz.de/10012814441
supply of labor encourages technological progress. In contrast, the famous Habakkuk hypothesis in economic history claims …This paper studies the conditions under which the scarcity of a factor (in particular, labor) encourages technological … that technological progress was more rapid in 19th-century United States than in Britain because of labor scarcity in the …
Persistent link: https://www.econbiz.de/10012463838
We use the World Bank Investment Climate Surveys data to analyze the employment of both labor and capital in Indian … manufacturing. We focus on disparities among states in manufacturing employment patterns, and provide reduced form evidence of their …
Persistent link: https://www.econbiz.de/10012464469
Persistent link: https://www.econbiz.de/10013480749
This chapter reviews key literature studying the effects of wars on minority and underrepresented groups in U.S. labor … markets in the 20th century. These labor markets, characterized by historically pervasive barriers to entry into certain … that sudden labor shortages, similar to those induced by large-scale wars, are not a feature of the past. Hence, a better …
Persistent link: https://www.econbiz.de/10014421237
A dynamic model of the demographic structure of Japan is summarized. It is capable of tracing the dynamic development … Japan will increase slightly in the immediate future as the number of children per family declines sharply, and then fall … moderately as the proportion of older persons in the population increases. Quantitative results depend critically on the labor …
Persistent link: https://www.econbiz.de/10012473614
Agriculture dominated the economy of eighteenth-century British America, and the pace of agricultural productivity … based on the value of slave labor and on measurements of total agricultural production in the region. Despite differences in …
Persistent link: https://www.econbiz.de/10012470345
The existing literature on skill-biased technical change has not considered how the technological endowment itself plays a role in the returns to skill. This paper constructs a simple model of skill biased technical change which highlights the role that resource endowments play in the returns to...
Persistent link: https://www.econbiz.de/10012465057