Showing 1 - 10 of 170
.S.input-output tables, and the Current Population Survey, we find that in addition to changes inlabor institutions, technological change and …
Persistent link: https://www.econbiz.de/10012948535
higher average wages; thus any relatively slower employment growth in this group of firms could lead to lower inequality …
Persistent link: https://www.econbiz.de/10013306781
This paper presents a structural model of crime and output. Individuals make an occupationalchoice between criminal and … level of crime andeconomic activity. I calibrate the model to the Northern Triangle countries and conductseveral policy … experiments. I find that for a country like Honduras crime reduces GDP byabout 3 percent through its negative effect on employment …
Persistent link: https://www.econbiz.de/10012842207
This paper studies the transmission of crime shocks to the economy in a sample of 32 Mexican states over the period … associated with the sign and magnitude of the responses of economic variables to crime shocks …
Persistent link: https://www.econbiz.de/10013020268
Even though institutions are created to protect workers, they may interfere with labor market functioning, raise …
Persistent link: https://www.econbiz.de/10013106744
This paper uses the Shapley Value decomposition technique to assess the factors behind the rise of inequality in China …. It finds that, in many ways, inequality may have been an inevitable by-product of China's investment and export …-led growth model. Between Chinese households, we find that the most important factors explaining income inequality are location …
Persistent link: https://www.econbiz.de/10013075546
This paper documents the structural transformation in employment that has taken place in Sub-Saharan Africa (SSA) over the past 15 years. In contrast to Asian economies, where at least half of the labor flows out of agriculture have gone into industry, in SSA, most of the workers have ended up...
Persistent link: https://www.econbiz.de/10013015599
This paper argues that the large differences among EU countries in post-crisis employment performance are to a large extent driven by the need to adjust corporate balance sheets, which had greatly deteriorated during the boom years in some countries but not in others. To close the large gaps...
Persistent link: https://www.econbiz.de/10013076321
German wages have not increased very rapidly in the last decade despite strong employment growth and a 5 percentage point decline in the unemployment rate. Our analysis shows that a large part of the decline in unemployment was structural. Micro-founded Phillips curves fit the German data rather...
Persistent link: https://www.econbiz.de/10012843295
EMU started with eleven member countries as scheduled on January 1, 1999. The paper shows that the primacy of politics over economics in this decision could have serious consequences concerning the stability of EMU in the transition phase. Speculative attacks against currencies which are in...
Persistent link: https://www.econbiz.de/10012782610