Showing 1 - 10 of 53
emerge, when labor forces change according to the 2007 UN population projections. It finds that demographic factors are no … with the yen carry-trade; and that China is key to understanding Asia's demographic impact on the world. It also finds that … Asia offers the greatest arbitrage opportunities worldwide during the demographic transition and has the greatest potential …
Persistent link: https://www.econbiz.de/10005768978
neoclassical growth model with time-varying frictions (wedges). We analyze the relative importance of efficiency, labor, investment … the efficiency and labor wedges have had the greatest impact. We also compare our results with existing studies on …
Persistent link: https://www.econbiz.de/10005263664
Traditionally, the impacts of the rights of financial institutions and workers on corporate performance have been analyzed independently. Yet, theory clearly indicates that the combination of relative powers of different stakeholders affects a firm overall performance. Using U.S. state level and...
Persistent link: https://www.econbiz.de/10005825652
This paper provides empirical evidence on the response of labor productivity to the arrival of new inventions. The … analysis shows that labor productivity may temporarily fall below trend after technological progress. However, the effects on …
Persistent link: https://www.econbiz.de/10005768749
This paper estimates the effects of offshoring on productivity in U.S. manufacturing industries between 1992 and 2000, using instrumental variables estimation to address the potential endogeneity of offshoring. It finds that service offshoring has a significant positive effect on productivity in...
Persistent link: https://www.econbiz.de/10005768861
Labor markets around the world have become increasingly integrated over the last two decades, with the entry of China … rapid technological progress. At the same time, the share of labor in national income decreased in most advanced countries …. This paper uses a labor share equation derived from a translog revenue function to estimate the contributions of …
Persistent link: https://www.econbiz.de/10005768889
The Chinese pension system is highly fragmented and decentralized, with governance standards, pension fund management practices, their regulation and supervision varying considerably both across the funded components of the Chinese pension system and across provinces. This paper describes the...
Persistent link: https://www.econbiz.de/10008540915
, offset partly by a higher return to capital from strong demand for commodities by emerging Asia. It estimates medium …
Persistent link: https://www.econbiz.de/10008542982
size to set up a quasi-experiment and data from the French labor force survey, we show that the law constrained the choice …
Persistent link: https://www.econbiz.de/10005599717
examines the impact of that deleveraging on credit supply in recipient economies, with a particular focus on Asia …
Persistent link: https://www.econbiz.de/10009659761