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Are Labor Force Participation Rates Really Non-Stationary? Evidence from Three OECD Countries
Özdemir, Zeynel Abidin; Balcılar, Mehmet; Tansel, Aysıt - 2012
rate (LFPR) series of Australia, Canada and the USA. Therefore we allow for endogenously determined multiple structural … previous research the LFPRs of Australia, Canada and the USA are stationary implying that the informational value of the …
Persistent link: https://www.econbiz.de/10010320491
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International Labour Force Participation Rates by Gender: Unit Root or Structural Breaks?
Ozdemir, Zeynel Abidin; Balcilar, Mehmet; Tansel, Aysit - 2011
in the total, female and male labour force participation rates (LFPR) for Australia, Canada and the USA. We extend the …
Persistent link: https://www.econbiz.de/10010320532
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Aggregate worker reallocation and occupational mobility in the United States: 1971 - 2000
Moscarini, Giuseppe; Vella, Francis - 2002
We investigate the evolution and the sources of aggregate employment reallocation in the United States in the 1971 … different technology. We find that the total reallocation of employment across occupations has been strongly procyclical and … these patterns, while correcting for possible worker selection into employment, we construct a synthetic panel based on …
Persistent link: https://www.econbiz.de/10010292926
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The lifecycle model of consumption and saving
Browning, Martin; Crossley, Thomas F, - 2001
The life-cycle framework is the standard way that economists think about the intertemporal allocation of time, effort and money. The framework has a venerable history in the economics profession with roots in the in…nite horizon models of Ramsey (1926) and Friedman (1957) and the …nite...
Persistent link: https://www.econbiz.de/10010292931
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The SES health gradient on both sides of the Atlantic
Banks, James; Marmot, Michael; Oldfield, Zoë; Smith, … - 2006
In this paper we investigate the size of health differences that exist among men in England and the United States and how those differences vary by Socio-Economic Status (SES) in both countries. Three SES measures are emphasized - education, household income, and household wealth - and the...
Persistent link: https://www.econbiz.de/10010292933
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Why is consumption more log normal than income? Gibrat's law revisited
Battistin, Erich; Blundell, Richard; Lewbel, Arthur - 2007
Significant departures from log normality are observed in income data, in violation of Gibrat’s law. We identify a new empirical regularity, which is that the distribution of consumption expenditures across households is, within cohorts, closer to log normal than the distribution of income. We...
Persistent link: https://www.econbiz.de/10010292940
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Competition and innovation: An inverted u relationship
Aghion, Philippe; Bloom, Nicholas; Blundell, Richard; … - 2002
This paper investigates the relationship between product market competition (PMC) and innovation. A Schumpeterian growth model is developed in which firms innovate ѳtep-by-stepҬ and where both technological leaders and their followers engage in R&D activities. In this model, competition...
Persistent link: https://www.econbiz.de/10010292944
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Survival of the best fit: Exposure to low-wage countries and the (uneven) growth of US manufacturing plants
Bernard, Andrew Barnes; Jensen, J. Bradford; Schott, … - 2003
that plant survival as well as output and employment growth are negatively associated with the share of industry imports …
Persistent link: https://www.econbiz.de/10010292945
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Consumption inequality and partial insurance
Blundell, Richard W.; Pistaferri, Luigi; Preston, Ian - 2004
This paper describes the transmission of income inequality into consumption inequality and in so doing investigates the degree of insurance to income shocks. It combines panel data on income from the PSID with consumption data from repeated CEX cross-sections and distinguishes between permanent...
Persistent link: https://www.econbiz.de/10010292960
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Judicial accountability and economic policy outcomes: Evidence from employment discrimination charges
Besley, Timothy; Payne, Abigail - 2003
.S. to investigate whether judicial selection methods affect the number of employment discrimination charges filed for the …
Persistent link: https://www.econbiz.de/10010292961