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Labor market adjustments after a large import shock : evidence from the German clothing industry and the multi-fibre arrangement
Braakmann, Nils; Wagner, Joachim - 2009
This paper considers labor market adjustments following a large import shock in the German clothing industry caused by the phasing out of the Multi-Fibre Arrangement. Using the German shoe industry as a control group and administrative data, we study adjustments on the individual and firm level...
Persistent link: https://www.econbiz.de/10003926723
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Spatial versus social mismatch : the strength of weak ties
Zenou, Yves - 2011
The aim of this paper is to provide a new mechanism based on social interactions explaining why distance to jobs can have a negative impact on workers' labor-market outcomes, especially ethnic minorities. Building on Granovetter's idea that weak ties are superior to strong ties for providing...
Persistent link: https://www.econbiz.de/10009230715
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Youth employment in Europe : institutions and social capital explain better than mainstream economics
Contini, Bruno - 2010
Why did employment growth – high in the last decade – take place at the expense of young workers in the countries of Central and Southern Europe? This is the question addressed in this paper. Youth unemployment has approached or exceeded 20% despite a variety of factors, common to most EU...
Persistent link: https://www.econbiz.de/10003937042
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Was Weber wrong? : A human capital theory of protestant economic history
Becker, Sascha O. (contributor);  … - 2007
Max Weber attributed the higher economic prosperity of Protestant regions to a Protestant work ethic. We provide an alternative theory, where Protestant economies prospered because instruction in reading the Bible generated the human capital crucial to economic prosperity. County-level data from...
Persistent link: https://www.econbiz.de/10003610049
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Entrepreneurship in transition economies : the role of institutions and generational change
Estrin, Saul; Mickiewicz, Tomasz - 2010
The transition economies have lower rates of entrepreneurship than are observed in most developed and developing market economies. The difference is even more marked in the countries of the former Soviet Union than those of Central and Eastern Europe. We link these differences partly with the...
Persistent link: https://www.econbiz.de/10003942200
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Cultural diversity, geographical isolation, and the origin of the wealth of nations
Ashraf, Quamrul; Galor, Oded - 2012
This research argues that variations in the interplay between cultural assimilation and cultural diffusion have played a significant role in giving rise to differential patterns of economic development across the globe. Societies that were geographically less vulnerable to cultural diffusion...
Persistent link: https://www.econbiz.de/10009530812
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A different look at Lenin's legacy : trust, risk, fairness and cooperativeness in the two Germanies
Heineck, Guido; Süssmuth, Bernd - 2010
What are the long-term effects of Communism on economically relevant notions such as social trust? To answer this question, we use the reunification of Germany as a natural experiment and study the post-reunification trajectory of convergence with regard to individuals' trust and risk, as well...
Persistent link: https://www.econbiz.de/10009012393
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Social evolution, corporate culture, and exploitation
Schlicht, Ekkehart - 2002
It has been claimed that the market fosters selfishness and thereby undermines the moral basis of society. This thesis has been developed with an emphasis on market exchange. Everyday life is, however, predominantly shaped by interactions in the workplace rather than by shopping behaviour. This...
Persistent link: https://www.econbiz.de/10011415214
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Distributional consequences of capital accumulation, globalisation and financialisation in the US
Karanassou, Marika; Sala, Hector - 2013
In this paper we examine the dynamic contributions of capital accumulation, globalisation, and financialisation to the functional-personal income distribution nexus. We analyse the labour share under the prism of monopoly and frictional growth, and disclose the dramatic upward trend in...
Persistent link: https://www.econbiz.de/10009717716
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Investment crowding-out and labor market effects of financialization in the US
González, Ignacio; Sala, Hector - 2013
This paper studies the impact of financialization on unemployment in the U.S. We estimate a dynamic multi …-equation macro labor model including labor demand, labor supply, wage-setting and capital accumulation equations. Financialization … swings experienced by the financialization process. We find that it has had relevant unemployment effects in all periods …
Persistent link: https://www.econbiz.de/10009721371