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differential across sectors in the marginal product of labour, changes in the structure of employment can raise aggregate total …
Persistent link: https://www.econbiz.de/10011451098
of market concentration in the industries where Australia's wealthiest made their fortunes. Compared with the economy at …
Persistent link: https://www.econbiz.de/10014470410
This paper studies collective contests with endogenous cost sharing, general effort costs and intra-group heterogeneity of prize-valuation. Our objective is to clarify the relationship between cost sharing, intra-group heterogeneity within the competing groups and the elasticity of the marginal...
Persistent link: https://www.econbiz.de/10010361496
This paper empirically examines the impact of labour market counter-reforms on real GDP per capita and employment … employment protection legislation (EPL), which we further split into counter-reforms for regular and temporary workers, and …
Persistent link: https://www.econbiz.de/10014578524
The transitional economies of Eastern Europe (EE) and the former Soviet Union (FSU) experienced a dramatic increase in income inequality in the 1990s. In this paper I investigate the causes of unprecedented changes in income distribution using a unique panel of inequality estimates for 24...
Persistent link: https://www.econbiz.de/10011410420
The paper paper estimates long run social mobility in Australia 1870-2017 tracking the status of rare surnames. The … are low. Despite evidence on conventional measures that Australia has higher rates of social mobility than the UK or USA …
Persistent link: https://www.econbiz.de/10011721622
We estimate growth rates of real incomes in the U.S. by quintiles using the Congressional Budget Office’s (CBO) post-tax, post-transfer data as basis for the period 1979-2011. We improve upon them by including only the present value of earnings that will accrue in retirement and excluding...
Persistent link: https://www.econbiz.de/10011458031
When measuring income inequality over long periods of time, accounting for population and productivity growth is important. This paper presents three alternative measures of top income shares that more explicitly account for population and income growth than the standard measure. We apply these...
Persistent link: https://www.econbiz.de/10011939792
In this paper we analyse the short- and long-run relationship between employment growth, inflation and output growth in … causality tests. The empirical results strongly support the existence of a single cointegrating relationship between employment … growth, inflation and output growth with bidirectional causality between employment growth and inflation as well as output …
Persistent link: https://www.econbiz.de/10009162091
the indicators suggest that full employment was achieved. The primary reason for this employment miracle was the output …
Persistent link: https://www.econbiz.de/10011514165