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Concentrating on the Fall of the Labor Share
Autor, David H. - 2017
The recent fall of labor's share of GDP in numerous countries is well-documented, but its causes are poorly understood. We sketch a "superstar firm" model where industries are increasingly characterized by "winner take most" competition, leading a small number of highly profitable (and low labor...
Persistent link: https://www.econbiz.de/10012963787
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The Fall of the Labor Share and the Rise of Superstar Firms
Autor, David H. - 2017
The fall of labor's share of GDP in the United States and many other countries in recent decades is well documented but its causes remain uncertain. Existing empirical assessments of trends in labor's share typically have relied on industry or macro data, obscuring heterogeneity among firms. In...
Persistent link: https://www.econbiz.de/10012956029
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The Productivity Impact of R&D Investment : A Comparison between the EU and the US
Castellani, Davide - 2016
Using data on the US and EU top R&D spenders from 2004 until 2012, this paper investigates the sources of the US/EU productivity gap. We find robust evidence that US firms have a higher capacity to translate R&D into productivity gains (especially in the high-tech industries), and this...
Persistent link: https://www.econbiz.de/10012990873
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Time irreversibility and business cycle asymmetry
Ramsey, James B. - In: Journal of money, credit and banking : JMCB 28 (1996) 1, pp. 1-21
Persistent link: https://www.econbiz.de/10001199220
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Inequality During the Early Years : Child Outcomes and Readiness to Learn in Australia, Canada, United Kingdom, and United States
Bradbury, Bruce - 2011
the age of about five years in Australia, Canada, the United Kingdom and the United States. We study a series of child … but the disparities are notably greater in the United States and the United Kingdom than in Australia, and particularly in … with SES across countries. While the smallest SES gaps are found in Australia and Canada for both types of outcome …
Persistent link: https://www.econbiz.de/10013118038
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Uncovering the hit list for small inflation targeters : a Bayesian structural analysis
Kam, Timothy; Lees, Kirdan; Liu, Philip - In: Journal of money, credit and banking : JMCB 41 (2009) 4, pp. 583-618
Persistent link: https://www.econbiz.de/10003844249
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Total Reward in the UK in the Public and Private Sectors
Danzer, Alexander M. - 2011
Recent controversy has surrounded the relative value of public and private sector remuneration. We define a comprehensive measure of Total Reward (TR) which includes not just pay, but pensions and other 'benefits in kind', evaluate it as the present value of the sum of all these payments over...
Persistent link: https://www.econbiz.de/10013126136
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Low Pay Persistence in European Countries
Clark, Kenneth - 2009
Using panel data for twelve European countries over the period 1994-2001 we estimate the extent of state dependence in low pay. Controlling for observable and unobservable heterogeneity as well as the endogeneity of initial conditions we find positive, statistically significant state dependence...
Persistent link: https://www.econbiz.de/10013159505
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Are Covid Fatalities in the Us Higher than in the EU, and If so, Why?
Aparicio Fenoll, Ainoa - 2020
The COVID crisis has severely hit both the United States and the European Union. Even though they are the wealthiest regions in the world, they differ substantially in economic performance, demographic characteristics, type of government, health systems, and measures undertaken to counteract...
Persistent link: https://www.econbiz.de/10012823302
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Unemployment Benefits and Reservation Wages : Key Elasticities from a Stripped-Down Job Search Approach
Addison, John T.; Centeno, Mário; Portugal, Pedro - 2021
This paper exploits survey information on reservation wages and data on actual wages from the European Community Household Panel to deduce in the manner of Lancaster and Chesher (1983) additional parameters of a stylized structural search model; specifically, reservation wage and...
Persistent link: https://www.econbiz.de/10013324849