Showing 1 - 10 of 14
A reasonable future for Europe can only be achieved if two essential elements are fulfilled: Firstly, newly established …
Persistent link: https://www.econbiz.de/10011919540
The paper provides a comparative history of the economic impact of the Revolutionary and Napoleonic Wars. By focussing on the relative price evidence, it is possible to show that the conflict had major economic effects around the world. Britain's control of the seas meant that it was much less...
Persistent link: https://www.econbiz.de/10012467339
the U.S. and Europe. Another popular view is that these differences are explained by long-standing European "culture," but … the U.S. and Europe. These policies do not seem to have increased employment, but they may have had a more society …
Persistent link: https://www.econbiz.de/10012467406
Different beliefs about how fair social competition is and what determines income inequality, influence the redistributive policy chosen democratically in a society. But the composition of income in the first place depends on equilibrium tax policies. If a society believes that individual effort...
Persistent link: https://www.econbiz.de/10012469200
This paper shows that different labor market policies can lead to differences in technology across sectors in a model of labor saving technologies. Labor market regulations reduce the skill premium and as a result, if technologies are labor saving, countries with more stringent labor regulation,...
Persistent link: https://www.econbiz.de/10012457825
Many low skilled jobs have been substituted away for machines in Europe, or eliminated, much more so than in the US …, while technological progress at the "top", i.e. at the high-tech sector, is faster in the US than in Europe. This paper … suggests that the main difference between Europe and the US in this respect is their different labor market policies. European …
Persistent link: https://www.econbiz.de/10012466081
spice markets were already well integrated with those in Iberia and northern Europe, implying that Portugal could not have … relative spice prices, that is, accounting for inflation. It also draws on evidence from Iberia and northern Europe. In …
Persistent link: https://www.econbiz.de/10012466787
these factors appear to explain the differences between the US and Europe. Instead, the differences appear to be the result …
Persistent link: https://www.econbiz.de/10012470194
happiness,' we find that there is a large, negative and significant effect of inequality on happiness in Europe but not in the … Europe inequality makes the poor unhappy, as well as the leftists. This favors the hypothesis that inequality affects … right). The results help explain the greater popular demand for government to fight inequality in Europe relative to the US …
Persistent link: https://www.econbiz.de/10012470526
On average, the poor European periphery converged on the rich industrial core in the four or five decades prior to World War I. Some, like the three Scandinavian economies, used industrialization to achieve a spectacular convergence on the leaders, especially in real wages and living standards....
Persistent link: https://www.econbiz.de/10012473475