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-skill occupations. We estimate the determinants of workers' RTI as a function of technology (computer use), globalization …. Globalization (as measured by sector foreign value-added share) increases RTI in poorer countries but reduces RTI in richer … globalization also important. Technology contributes the most to the differences in RTI among workers in high-skilled occupations …
Persistent link: https://www.econbiz.de/10012870142
employs them but from the value of their own human capital. In such a world, global trade in corporate control, global …
Persistent link: https://www.econbiz.de/10013325047
most countries around the world. Turning to the relationship between countries, we show that average life satisfaction is …
Persistent link: https://www.econbiz.de/10013132818
I review theories and evidence on wage-setting institutions and labor market policies in an international comparative context. These include collective bargaining, minimum wages, employment protection laws, unemployment insurance (UI), mandated parental leave, and active labor market policies...
Persistent link: https://www.econbiz.de/10013139696
A real wage rate is a nominal wage rate divided by the price of a good and is a transparent measure of how much of the good an hour of work buys. It provides an important indicator of the living standards of workers, and also of the productivity of workers. In this paper I set out the conceptual...
Persistent link: https://www.econbiz.de/10013107200
This paper investigates the role of policies and institutions for aggregate labour market dynamics during the recent financial crisis using firm-level data. First, it provides comparable estimates on firm-level labor adjustment by country, industry and firm size. Second, using variance...
Persistent link: https://www.econbiz.de/10013081802
We analyze to which extent social inequality aversion differs across nations when controlling for actual country differences in labor supply responses. Towards this aim, we estimate labor supply elasticities at both extensive and intensive margins for 17 EU countries and the US. Using the same...
Persistent link: https://www.econbiz.de/10013086204
We propose a unified growth theory to investigate the mechanics generating the economic and demographic transition, and the role of mortality differences for comparative development. The framework can replicate the quantitative patterns in historical time series data and in contemporaneous...
Persistent link: https://www.econbiz.de/10013086663
This paper combines different strands of the productivity literature to investigate the effect of idiosyncratic (firm-level) policy distortions on aggregate outcomes. On the one hand, a growing body of empirical research has been relating cross-country differences in key economic outcomes, such...
Persistent link: https://www.econbiz.de/10013153504
This paper presents a new data set collected on representative samples across 6 countries: China, South Korea, Japan, Italy, the UK and the four largest states in the US. The information collected relates to work and living situations, income, behavior (such as social-distancing, hand-washing...
Persistent link: https://www.econbiz.de/10012834526