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What determines the capital share over the long run of history?
Bengtsson, Erik; Rubolino, Enrico; Waldenström, Daniel - 2020
This paper analyzes the determinants of the labor-capital split in national income for 20 countries since the late 1800s. Our main identification strategy focuses on unique historical quasi-experimental events: i) the introduction of universal suffrage, ii) close election wins of left-wing...
Persistent link: https://www.econbiz.de/10012210389
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Collective bargaining systems and macroeconomic and microeconomic flexibility : the quest for appropriate institutional forms in advanced economies
Addison, John T. - 2015
This paper addresses the design of the machinery of collective bargaining from the perspective of the needs of microeconomic and macroeconomic flexibility. In the former context, greater attention is given over to enterprise flexibility than external adjustment. In the latter context, close...
Persistent link: https://www.econbiz.de/10011408196
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Distributional effects of macroeconomic policy choices in emerging market economies
Prasad, Eswar S. - 2013
Distributional consequences typically receive limited attention in economic models that analyze the effects of monetary and financial sector policies. These consequences deserve more attention since financial markets are incomplete, imperfect, and economic agents' access to them is often...
Persistent link: https://www.econbiz.de/10010222156
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Causes of changing earnings inequality
Snower, Dennis J. - 1999
This paper surveys major empirical regularities concerning changes in earnings inequality in Europe and the U.S. over … possible rationale for recent inequality developments. …
Persistent link: https://www.econbiz.de/10011294713
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New perspectives on inequality in Latin America
Fernández, Manuel; Gabriela Serrano, Gabriela - 2022
Latin American countries have some of the highest levels of income inequality in the world. However, earnings … inequality significantly changed over the last three decades, increasing during the 1980s and 1990s, declining sharply in the …, increasing inequality. Significant gains in educational attainment, the demographic transition, and rising female labor force …
Persistent link: https://www.econbiz.de/10013286576
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The race against the robots and the fallacy of the giant cheesecake : immediate and imagined impacts of artificial intelligence
Naudé, Wim - 2019
current state of the empirical and theoretical literature in economics on the impact of AI on jobs and inequality, and …
Persistent link: https://www.econbiz.de/10011993083
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Wages, productivity, and work intensity in the great depression
Darby, Julia; Hart, Robert A. - 2002
We show that U.S. manufacturing wages during the Great Depression were importantly determined by forces on firms' intensive margins. Short-run changes in work intensity and the longer-term goal of restoring full potential productivity combined to influence real wage growth. By contrast, the...
Persistent link: https://www.econbiz.de/10011412413
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On the origins of socio-economic inequalities : evidence from twin families
Bingley, Paul; Cappellari, Lorenzo; Tatsiramos, Konstantinos - 2023
We propose a twin family model linking twins with their spouses and children to quantify the relative importance of genetic and environmental factors in explaining the variance of socio-economic outcomes. Using data from the Danish Twins Registry and population registers, we test and relax the...
Persistent link: https://www.econbiz.de/10014394210
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The labor market effects of Mexican repatriations : longitudinal evidence from the 1930s
Lee, Jongkwan; Peri, Giovanni; Yasenov, Vasil - 2019
We examine the labor market consequences of an extensive campaign repatriating around 400,000 Mexicans in 1929-34. To identify a causal effect, we instrument county level repatriations with the existence of a railway line to Mexico interacted with the size of the Mexican communities in 1910....
Persistent link: https://www.econbiz.de/10012126112
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Great Depression and the rise of female employment : a new hypothesis
Bellou, Andriana; Cardia, Emanuela - 2018
The cohorts of women born at the turn of the 20th century increased markedly their participation in the labor market when older. These are the first cohorts who worked after their childbearing years. In this paper, we document a link between their work behavior and the Great Depression. We show...
Persistent link: https://www.econbiz.de/10011955819