This paper analyzes the impact of product and labor market policies on technological diffusion and multi-factor productivity (MFP) in a panel of industries in 15 OECD countries over the period 1980 to 2003, with a special focus on Australia. We use a simple convergence empirical framework to...

Contents -- I. INTRODUCTION -- II. HOW GLOBALIZED IS LABOR? -- III. HOW HAS THE GLOBALIZATION OF LABOR AFFECTED WORKERS IN ADVANCED ECONOMIES -- IV. LABOR SHARE AND THE GLOBALIZATION OF LABOR: AN EMPIRICAL EXAMINATION -- V. THE STORY BEHIND THE DECLINE OF THE LABOR SHARE -- VI. LABOR...