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The Dynamic Fiscal Effects of Demographic Shift: The Case of Australia
Kudrna, George; Tran, Chung; Wooland, Alan - Research School of Economics, College of Business and … - 2014
summarised as follows. First, the demographic shifts towards population ageing lead to a change in the tax base from labor income …
Persistent link: https://www.econbiz.de/10011107082
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Unemployment, Growth and Taxation in Industrial Countries
Daveri, Francesco; Tabellini, Guido - C.E.P.R. Discussion Papers - 1997
To the layperson, the upward trend in European unemployment is related to the slowdown in economic growth. We argue that the layperson’s view is correct. The increase in European unemployment and the slowdown in economic growth are related because they stem from a common cause: an excessively...
Persistent link: https://www.econbiz.de/10005662079
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Why Does the Self-Employment Rate Vary Across Countries and Over Time?
Acs, Zoltán J; Audretsch, David B; Evans, David S - C.E.P.R. Discussion Papers - 1994
There is a tremendous diversity in the level and time-series pattern of the self-employment rate across countries … for this diversity is the stage of economic development. While the tendency for the self-employment rate to decline with … self-employment and economic development and to test an explanation for this relationship that is grounded in theory. We …
Persistent link: https://www.econbiz.de/10005791326
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Regional Unemployment and Human Capital in Transition Economies
Jurajda, Stepan; Terrell, Katherine - C.E.P.R. Discussion Papers - 2007
Differences in regional unemployment in post-communist economies are large and persistent. We show that inherited variation in human-capital endowment across the regions of four such economies explains the bulk of regional unemployment variation there and we explore potential explanations for...
Persistent link: https://www.econbiz.de/10005136518
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Wages and Human Capital in the U.S. Financial Industry: 1909-2006
Philippon, Thomas; Reshef, Ariell - C.E.P.R. Discussion Papers - 2009
We use detailed information about wages, education and occupations to shed light on the evolution of the U.S. financial sector over the past century. We uncover a set of new, interrelated stylized facts: financial jobs were relatively skill intensive, complex, and highly paid until the 1930s and...
Persistent link: https://www.econbiz.de/10005000443
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Trends in Quality Adjusted Skill Premia in the US, 1960-2000
Carneiro, Pedro; Lee, Sokbae - C.E.P.R. Discussion Papers - 2010
This paper presents new evidence that increases in college enrollment lead to a decline in the average quality of college graduates between 1960 and 2000, resulting in a decrease of 6 percentage points in the college premium. We show that although a standard demand and supply framework can...
Persistent link: https://www.econbiz.de/10008784704
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A flying start? Long term consequences of maternal time investments in children during their first year of life
Carneiro, Pedro; Løken, Katrine; Salvanes, Kjell G - C.E.P.R. Discussion Papers - 2010
We study the impact of increasing the time that the mother spends with her child in the first year of her life. In particular, we examine a reform that increased paid and unpaid maternity leave entitlements in Norway. In response to this reform, maternal leave increased on average by 4 months...
Persistent link: https://www.econbiz.de/10008784758
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Don’t Spread Yourself Too Thin. The Impact of Task Juggling on Workers' Speed of Job Completion
Coviello, Decio; Ichino, Andrea; Persico, Nicola - C.E.P.R. Discussion Papers - 2010
We show that task juggling, i.e., the spreading of effort across too many active projects, decreases the performance of workers, raising the chances of low throughput, long duration of projects and exploding backlogs. Individual speed of job completion cannot be explained only in terms of...
Persistent link: https://www.econbiz.de/10008683531
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Short-Sale Constraints and the Pricing of Managerial Skills
Cheng, Si; Massa, Massimo; Zhang, Hong - C.E.P.R. Discussion Papers - 2015
We investigate the impact of the absence of short selling on the pricing of managerial skills in the mutual fund industry. In the presence of divergent opinions regarding managerial skills, fund managers can strategically use fees to attract only the most optimistic capital. The recognition of...
Persistent link: https://www.econbiz.de/10011186626
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A new measure of skills mismatch: theory and evidence from the Survey of Adult Skills (PIAAC)
Fichen, Anne; Pellizzari, Michele - C.E.P.R. Discussion Papers - 2014
This paper proposes a new measure of skills mismatch that combines information about skill proficiency, self-reported mismatch and skill use. The theoretical foundations underling this measure allow identifying minimum and maximum skill requirements for each occupation and to classify workers...
Persistent link: https://www.econbiz.de/10011096096