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Over the 1967-2015 period, net wage inequality has decreased in France by 25%, in contrast to the significant increase … the same period. We show that, (a) standard demand-side explanations for the rise in inequality apply in France when …
Persistent link: https://www.econbiz.de/10012228771
Most of the countries of the OECD are still suffering from the Global Financial Crisis (GFC) (or as the Americans call it the Great Recession), but the Australian economy appears to be powering ahead. It is a miracle economy! Unlike most of the OECD countries, Australia did not even have a...
Persistent link: https://www.econbiz.de/10009774315
Since 2008, France experiences a sharp productivity slowdown. Both output per hour and total factor productivity are … particularly deceptive in the market economy. This recent trend contrasts with the acceleration of productivity during the previous … to have turned productivity more sensitive to the business cycle (and especially to the fall of stock markets). …
Persistent link: https://www.econbiz.de/10011295516
This paper examines the impact of employment protection legislation on productivity in the OECD, using annual cross …-country aggregate data on the degree of regulations and industry-level data on productivity from 1982 to 2003. We adopt a "difference …-in-differences" framework, which exploits likely differences in the productivity effect of dismissal regulations in different industries. Our …
Persistent link: https://www.econbiz.de/10003729410
regulation and labour market rigidity seems particularly substantial. -- Productivity ; growth ; regulations ; market rigidities …
Persistent link: https://www.econbiz.de/10003586568
unemployment on productivity growth heavily depends on the influence of human capital in the production function. In the … traditional Solow model, unemployment has neither an influence on long-run productivity growth nor on the long-run level of … productivity. However, if human capital matters, unemployment has a long-run effect on the level of productivity. Moreover, if we …
Persistent link: https://www.econbiz.de/10011325983
' intensive margins. Short-run changes in work intensity and the longer-term goal of restoring full potential productivity …
Persistent link: https://www.econbiz.de/10011412413
Economists increasingly accept that social norms have powerful effects on human behavior and outcomes. In recent history, one norm widely adhered to in most developed nations has been for men to be the primary breadwinner within mixed-gender households. As women have entered the labor market in...
Persistent link: https://www.econbiz.de/10011949006
Micro-based and macro-based approaches have been used to assess the effects of health on economic growth. Micro-based approaches aggregate the return on individual health from Mincerian wage regressions to derive the macroeconomic effects of population health. Macro-based approaches estimate a...
Persistent link: https://www.econbiz.de/10011949024
Payroll taxes represent a major distortionary influence of governments on labor markets. This paper examines the role of payroll taxation and the social safety net for cyclical fluctuations in a nonmonetary economy with labor market frictions and unemployment insurance, when the latter is only...
Persistent link: https://www.econbiz.de/10008989718