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Trade labor, market rigidities, and government-financed technological change
Koeniger, Winfried - 2001
This paper contributes to the debate on the effects of trade versus technological change on wage differentials. We propose an explanation of the stylized facts which is based on interactions between openness and technological change because of labor market institutions and government...
Persistent link: https://www.econbiz.de/10011339677
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Trade, technology and labour markets : empirical controversies in the light of the Jones model
Pflüger, Michael - 2001
The deterioration of the income and employment position of unskilled workers in the OECD area since the 1980s is a well-documented fact. The debate about the causes of this development is dominated by two competing hypotheses, "North-South Trade" or "globalisation" and technological progress....
Persistent link: https://www.econbiz.de/10011402769
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Fiscal policy, economic integration and unemployment
Eggert, Wolfgang (contributor); Goerke, Laszlo (contributor) - 2003 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001829804
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Optimal fiscal devaluation
Langot, François; Patureau, Lise; Sopraseuth, Thepthida - 2012
We study fiscal devaluation in a small-open economy with labor market search frictions. Our analysis shows the key role of both dimensions in shaping the optimal tax scheme. By reducing labor market distortions, the tax reform is welfare-improving. Yet, as it makes imports more expensive, fiscal...
Persistent link: https://www.econbiz.de/10009548862
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Bounding the price equivalent of migration barriers
Clemens, Michael A.; Montenegro, Claudio; Pritchett, Lant - 2016
and policy barriers to worker mobility. We use migrant selection theory and evidence to place lower bounds on the ad …
Persistent link: https://www.econbiz.de/10011454010
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The relationship between economic growth and democracy : alternative representations of technological change
Heshmati, Almas; Kim, Nam-Seok - 2017
effects of credit guarantee and foreign direct investment inflows are stronger in democratic countries than they are in non …
Persistent link: https://www.econbiz.de/10011704213
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Entrepreneurial innovation and sustained long-run growth without weak or strong scale effects
Grossmann, Volker (contributor) - 2008
R&D-based growth theory suggests that a larger population size raises either the long-run rate of economic growth …
Persistent link: https://www.econbiz.de/10003666469
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Relative income, happiness and utility : an explanation for the Easterlin paradox and other puzzles
Clark, Andrew E. (contributor); Frijters, Paul (contributor) - 2007
The well-known Easterlin paradox points out that average happiness has remained constant over time despite sharp rises in GNP per head. At the same time, a micro literature has typically found positive correlations between individual income and individual measures of subjective well-being. This...
Persistent link: https://www.econbiz.de/10003597969
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Interest rate hysteresis in macroeconomic investment under uncertainty
Belke, Ansgar; Göcke, Matthias - 2019
The interest rate is generally considered as an important driver of macroeconomic investment. As an innovation, this … paper derives the exact shape of the "hysteretic" impact of changes in the interest rate on macroeconomic investment under … capital stock and, explicitly, of stochastic changes on the interest rate-investment hysteresis. Starting with hysteresis …
Persistent link: https://www.econbiz.de/10012099522
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Does the wealth tax kill jobs?
Bjørneby, Marie; Markussen, Simen; Røed, Knut - 2020
tax imposed on owners of small and medium sized businesses affects their firms' investment and employment decisions …
Persistent link: https://www.econbiz.de/10012295610