Narrow search
Showing 1 - 10 of 325
Cover Image
Labour market institutions and the personal distribution of income in the OECD
Checchi, Daniele (contributor);  … - 2005
share, and the unemployment rate, hence labour market institutions are an essential determinant of the distribution of …, second, that stronger unions and a more generous unemployment benefit tend to reduce income inequality. High capital …
Persistent link: https://www.econbiz.de/10003297489
Cover Image
Equilibrium unemployment and capital intensity under product and labor market imperfections
Kauppi, Heikki (contributor); Koskela, Erkki (contributor);  … - 2004
We study the implications of product and labor market imperfections for equilibrium unemployment under both exogenous … equilibrium unemployment. The relationship between the long-run unemployment and the intensity of product market competition is … long-run equilibrium unemployment is an increasing function of product market imperfections when the elasticity exceeds …
Persistent link: https://www.econbiz.de/10002521703
Cover Image
Country size, specialization patterns and secular demand stagnation
Ono, Yoshiyasu - 2017
. If unemployment appears, however, home employment and consumption per capita decrease. …
Persistent link: https://www.econbiz.de/10011754240
Cover Image
Voice at work
Harju, Jarkko; Jäger, Simon; Schoefer, Benjamin - 2021
We estimate the effects of worker voice on job quality and separations. We leverage the 1991 introduction of worker representation on boards of Finnish firms with at least 150 employees. In contrast to exit-voice theory, our difference-in-differences design reveals no effects on voluntary job...
Persistent link: https://www.econbiz.de/10012486389
Cover Image
New firms, capital intensity and the labor share : new theoretical and empirical insights
Grazzini, Jakob; Rossi, Lorenza - 2020
This paper considers a two sectors heterogeneous firms model where firms' specific production technology and capital intensity are endogenously determined through business dynamics. It shows that a shock to the relative price of investment goods is followed by the entrance of new firms...
Persistent link: https://www.econbiz.de/10012211092
Cover Image
The sustainability of Chinese growth and the aggregate factor substitution elasticity
Whalley, John; Xing, Chunbing - 2012
We discuss the sustainability of Chinese high growth relative to growth experience elsewhere, and specifically Soviet Russia in the 1950s to the 1960s by asking if the aggregate technology can eventually similarly constrain high growth performance in the Chinese case as argued by Weitzman in a...
Persistent link: https://www.econbiz.de/10009490607
Cover Image
Capital-labor substitution, structural change and the labor income share
Alvarez-Cuadrado, Francisco; Long, Ngo Van; Poschke, Markus - 2014
Long run economic growth goes along with structural change. Recent work has identified explanatory factors on the demand side (non-homothetic preferences) and on the supply-side, in particular differential productivity growth across sectors and differences in factor proportions and capital...
Persistent link: https://www.econbiz.de/10010235832
Cover Image
Capital-labor substitution, structural change and growth
Alvarez-Cuadrado, Francisco; Long, Ngo Van; Poschke, Markus - 2016 - This Draft: May 25, 2016
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/10011482690
Cover Image
Labor in the boardroom
Jäger, Simon; Schoefer, Benjamin; Heining, Jörg - 2019
We estimate the effects of a mandate allocating a third of corporate board seats to workers (shared governance). We study a reform in Germany that abruptly abolished this mandate for certain firms incorporated after August 1994 but locked it in for the older cohorts. In sharp contrast to the...
Persistent link: https://www.econbiz.de/10012138860
Cover Image
Regulation, institutions and aggregate investment : new evidence from OECD countries
Égert, Balázs - 2017
This paper investigates the relationship linking investment (capital stock) and structural policies. Using a panel of 32 OECD countries from 1985 to 2013, we show that more stringent product and labour market regulations are associated with less investment (lower capital stock). The paper also...
Persistent link: https://www.econbiz.de/10011638226