Showing 1 - 10 of 380
Average wages are considerably lower in agriculture than in the other sectors. We document this fact for thirteen countries ranging from rich (Canada, U.S.) to poor (India, Indonesia). We develop a measure of human capital that accounts for the selection of workers with different unobserved...
Persistent link: https://www.econbiz.de/10012956718
Persistent link: https://www.econbiz.de/10013147792
The aggregate labor share in U.S. manufacturing declined dramatically over the last three decades: Since the mid-1980's, the compensation for labor declined from 67% to 47% of value added which is unseen in any other sector of the U.S. economy. The labor share of the typical U.S. manufacturing...
Persistent link: https://www.econbiz.de/10012955279
We examine the effect of pregnancy and parenthood on the research productivity of academic economists. Combining the … find that motherhood is associated with low research productivity. Nor do we find a statistically significant unconditional … effect of a first child on research productivity. Conditional difference-in-differences estimates, however, suggest that the …
Persistent link: https://www.econbiz.de/10013057642
productivity depends on their age through the build-up of labour market experience and the depreciation of human capital. We make … wisdom following an increase in longevity, depending on the corresponding change in the age-productivity profile …
Persistent link: https://www.econbiz.de/10013021702
We determine workforce composition and wages in firms in the presence of productivity spill-overs between co …
Persistent link: https://www.econbiz.de/10013031991
density. We show that endogenous technological progress causes structural change if there are positive productivity spillovers … from the modern to the traditional sector and Engel's law holds. In turn, urban congestion effects cause a productivity …
Persistent link: https://www.econbiz.de/10013118683
There is growing interest in multi-sector models that combine aggregate balanced growth, consistent with the well-known Kaldor facts, with systematic changes in the sectoral allocation of resources, consistent with the Kuznets facts. Although variations in the income elasticity of demand across...
Persistent link: https://www.econbiz.de/10012988235
into their direct (endowment accumulation, productivity growth, changes in trade costs, changing preferences) and indirect … productivity growth, and endogenous changes in expenditures shares on manufacturing goods and services. We quantify the importance … accumulation and trade costs have been the most important drivers of trade in the sample at hand, whereas productivity growth and …
Persistent link: https://www.econbiz.de/10012994081
The effect of changes in demographic structure on medium-run trends of key macroeconomic variables is estimated using a Panel VAR of 21 OECD economies. The panel data variability assists the identification of direct effects of demographics, while the dynamic structure uncovers long-term effects....
Persistent link: https://www.econbiz.de/10013315503