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Experimental labor markets and policy considerations : incomplete contracts and macroeconomic aspects

Casoria, Fortuna; Riedl, Arno - 2012

This survey focuses on experimental labor markets investigating two aspects that deem us important for a better understanding of labor market relations and the consequences for labor market policies. The first part of the survey is dedicated to papers that assess the prevalence of reciprocal...

Persistent link: https://www.econbiz.de/10009683305

Aggregate savings and external imbalances in China

Yang, Dennis Tao - 2012

Over the last decade, the internal and external macroeconomic imbalances in China have risen to unprecedented levels. In 2008, China's national savings rate soared to over 53 percent of its GDP, whereas its current account surplus exceeded 9 percent of GDP. The current paper presents a unified...

Persistent link: https://www.econbiz.de/10009656609

Labor market reforms and current account imbalances : beggar-thy-neighbor policies in a currency union?

Baas, Timo; Belke, Ansgar - 2014

Member countries of the European Monetary Union (EMU) initiated wide-ranging labor market reforms in the last decade. This process is ongoing as countries that are faced with serious labor market imbalances perceive reforms as the fastest way to restore competitiveness within a currency union....

Persistent link: https://www.econbiz.de/10010403902

Oil price shocks, monetary policy and current account imbalances within a currency union

Baas, Timo; Belke, Ansgar - 2017

For more than two decades now, current-account imbalances are a crucial issue in the international policy debate as they threaten the stability of the world economy. More recently, the government debt crisis of the European Union shows that internal current account imbalances inside a currency...

Persistent link: https://www.econbiz.de/10011785688

Estimating the impacts of payroll taxes : evidence from Canadian employer-employee tax data

Deslauriers, Jonathan; Dostie, Benoît; Gagné, Robert; … - 2018

in the payroll tax rate to estimate its impact on the firm's level of employment, average wage and productivity, with … employment, productivity and profits, but significant impacts on wages, implying that payroll taxes are passed almost entirely to …

Persistent link: https://www.econbiz.de/10011872828

Does openness to international financial flows contribute to productivity growth?

Kose, M. Ayhan (contributor); Prasad, Eswar S. (contributor) - 2008

productivity growth. However, while there is a vast empirical literature analyzing the impact of financial openness on output … growth, far less attention has been paid to its effects on productivity growth. This paper provides a comprehensive analysis … of the relationship between financial openness and total factor productivity (TFP) growth using an extensive dataset that …

Persistent link: https://www.econbiz.de/10003747653

Home-leaving decisions of daughters and sons

Chiuri, Maria Concetta; Del Boca, Daniela - 2010

In spite of relevant differences between countries, a common international pattern emerges: daughters leave parental homes earlier than sons. Drawing upon the European Community Household Panel, we explore the impacts of various factors that affect daughters' and sons' home-leaving decisions....

Persistent link: https://www.econbiz.de/10003950732

Wage differentials between native and immigrant women in Spain : accounting for differences in the supports

Nicodemo, Catia; Ramos, Raúl - 2011

The objective of the study is to quantify the wage gap between native and immigrant women in Spain taking into account differences in their characteristics and the need to control for common support. Using the microdata from the Social Security Records (MCVL) and with a matching procedure of...

Persistent link: https://www.econbiz.de/10009233925

Estimating heterogeneous returns to education in Germany via conditional heteroskedasticity

Saniter, Nils Peter - 2012

In this paper I investigate the causal returns to education for different educational groups in Germany by employing a new method by Klein and Vella (2010) that bases identification on the presence of conditional heteroskedasticity. Compared to IV methods, key advantages of this approach are...

Persistent link: https://www.econbiz.de/10009613691

Electricity prices, river temperatures and cooling water scarcity

McDermott, Grant R.; Nilsen, Øivind Anti - 2012

Thermal-based power stations rely on water for cooling purposes. These water sources may be subject to incidents of scarcity, environmental regulations and competing economic concerns. This paper analyses the effect of water scarcity and increased river temperatures on German electricity prices...

Persistent link: https://www.econbiz.de/10009620936