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Persistent link: https://www.econbiz.de/10003836054
supply of labor encourages technological progress. In contrast, the famous Habakkuk hypothesis in economic history claims …This paper studies the conditions under which the scarcity of a factor (in particular, labor) encourages technological … that technological progress was more rapid in 19th-century United States than in Britain because of labor scarcity in the …
Persistent link: https://www.econbiz.de/10012463838
We study dynamic selection of governments under different political institutions, with a special focus on institutional "flexibility". A government consists of a subset of the individuals in the society. The competence level of the government in office determines collective utilities (e.g., by...
Persistent link: https://www.econbiz.de/10012463419
Persistent link: https://www.econbiz.de/10011300991
labor reallocation, which should raise employment in non-exposed sectors, and Keynesian multipliers, which should reduce …Even before the Great Recession, U.S. employment growth was unimpressive. Between 2000 and 2007, the economy gave back … the considerable gains in employment rates it had achieved during the 1990s, with major contractions in manufacturing …
Persistent link: https://www.econbiz.de/10012458271
, when detectable, result from the even faster declines in employment …
Persistent link: https://www.econbiz.de/10012458826
against the disabled in hiring, firing, and pay. Although the ADA was meant to increase employment of the disabled, it also … employment of disabled men of all working ages and disabled women under age 40. The effects appear to be larger in medium size … little evidence of an impact on the nondisabled, suggesting that the adverse employment consequences of the ADA have been …
Persistent link: https://www.econbiz.de/10012472141
Persistent link: https://www.econbiz.de/10003835865
A fundamental problem for economic development is that most poor countries have 'weak state' which are incapable or unwilling to provide basic public goods such as law enforcement, order, education and infrastructure. In Africa this is often attributed to the persistence of 'indirect rule' from...
Persistent link: https://www.econbiz.de/10012458573
The French Revolution of 1789 had a momentous impact on neighboring countries. The French Revolutionary armies during the 1790s and later under Napoleon invaded and controlled large parts of Europe. Together with invasion came various radical institutional changes. French invasion removed the...
Persistent link: https://www.econbiz.de/10012463816