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individuals that experience large positive earnings gains when the economy is growing are the same as those that experience large … earnings losses when the economy is contracting; this is the "symmetry of mobility" hypothesis. We find very occasional support … when the economy is growing are also the ones that gain the most when the economy is contracting. Furthermore, we explain …
Persistent link: https://www.econbiz.de/10013316682
Using newly collected national and sub-national data and historical case studies, this paper argues that differences in innovative capacity, captured by the density of engineers at the dawn of the Second Industrial Revolution, are important to explaining present income differences, and, in...
Persistent link: https://www.econbiz.de/10013051452
Beginning in the late 1970s, China's economy delivered the largest growth spurt in recorded history. Striking …
Persistent link: https://www.econbiz.de/10013314817
's economy has boomed (gross domestic product growth has hovered between 8 and 18%) in large part due to the increase in the …
Persistent link: https://www.econbiz.de/10013158683
Ecuador has become the third largest receiver of the 4.3 million Venezuelans that left their country in the last five years, hosting around 10% of them. Little is known about the characteristics of these migrants and their labor market outcomes. This paper fills this gap, analyzing a new large...
Persistent link: https://www.econbiz.de/10012827986
As of 2019, more than 1.2 million Venezuelans have passed through Ecuador and over 400,000 settled in, which amounts to almost 3% of Ecuador's population. This paper analyzes the location choices of Venezuelan migrants within Ecuador and the labor market consequences of these choices, using data...
Persistent link: https://www.econbiz.de/10012827987
This paper assesses labor market segmentation across formal and informal salaried jobs and self-employment in three Latin American and three transition countries. It looks separately at the markets for skilled and unskilled labor, inquiring if segmentation is an exclusive feature of the latter....
Persistent link: https://www.econbiz.de/10013316679
As more and more Venezuelans leave their country, fleeing the economic and social crisis, the number of Venezuelans in Brazil has risen steadily since 2016, constituting about 18.6 percent of Brazil's 1.4 million refugee and migrant population as of October 2020. Past research finds that the...
Persistent link: https://www.econbiz.de/10014081868
We document that trust in public institutions ヨ and particularly trust in banks, business and government ヨ has declined over recent years. U.S. time series evidence suggests that this partly reflects the pro-cyclical nature of trust in institutions. Cross-country comparisons reveal a clear...
Persistent link: https://www.econbiz.de/10013128218
Research in Economics on COVID-19 posits an economy subject to disease dynamics, which are often seriously misspecified …
Persistent link: https://www.econbiz.de/10013236405