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This paper is making an attempt to examine the long-run relationship between the key labor market parameters employment, aggregate output, real product wages and laboraugmenting technical progress for a sample of 21 OECD countries covering the period from 1970 to 2000. We apply a new panel error...
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understanding of individuals' attitudes towards the welfare state in aging societies. …
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This paper puts emphasis on the earnings development at the lower end of the earnings distribution and its development over time. The main objective is to provide more insight into the mechanism of impoverishment and marginalisation of various groups of people as well as the dynamics.
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