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This paper presents empirical evidence on the determinants of industry-level multifactor productivity growth. It focus on traditional factors, including the process of technological catch up, human capital and R&D as well as institutional factors affecting labor adjustment costs. The link...
Persistent link: https://www.econbiz.de/10008676609
Unemployment insurance has been the subject of numerous theoretical and empirical studies. These studies elucidate the benefits and the cost of unemployment insurance, namely, the improved allocation of risk bearing and the reduced incentives for work. In the past two decades a branch of the...
Persistent link: https://www.econbiz.de/10008676633
This paper considers the implementation of, and rationale for, pension reforms based on notional accounts (sometimes known as notional defined contribution plans or NDCs). The distinguishing feature of such reforms is that a structure of individual accounts is established, in which contributions...
Persistent link: https://www.econbiz.de/10008676649
substantial increase in wage inequality. The ranks of low-paid workers have grown and their relative wage status has substantially …
Persistent link: https://www.econbiz.de/10008676652
This report provides a description of the diversity of current policies towards the family across the European Union and an account of the current"state of the art"on the effects of these policies on demographic and labor market behavior. There is an implicit assumption that the tax and benefit...
Persistent link: https://www.econbiz.de/10008676759
The purpose of the paper is to review the structure and performance of the Czech pension system and examine alternative reform options. The paper shows that in the absence of reform the deficits of the Czech pension system may exceed 8 percent of GDP in 2050. To contain these deficits the paper...
Persistent link: https://www.econbiz.de/10008676797
This paper is motivated by the observation that children in land-rich households are often more likely to be in work than the children of land-poor households. The vast majority of working children in developing countries are in agricultural work, predominantly on farms operated by their...
Persistent link: https://www.econbiz.de/10008676834
Singapore is an affluent city state which finances its social security system through a mandatory, publicly managed, defined contribution system based on individual accounts. The main vehicle embodying this is the Central Provident Fund (CPF). There are two other pension systems operating in...
Persistent link: https://www.econbiz.de/10008676856
This paper investigates the hypothesis that children work because their income contribution is necessary for the household to meet subsistence expenditures. It uses the fact that a testable implication of this hypothesis is that the wage elasticity of child labor supply is negative. Previous...
Persistent link: https://www.econbiz.de/10008676688
relative wages that have underlined the rise in earnings inequality. The paper finds that the widening of earnings distribution … was concentrated in the early phase of transition, and the trend towards greater inequality in most countries tapered off … characterized by high but not exorbitant earnings dispersion. In most transitional economies of Central Europe earnings inequality …
Persistent link: https://www.econbiz.de/10008676807