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between real wages and unemployment has improved significantly in France in the second half of the 1990s. Further calculations …
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to maintain their real wages by reducing labor demand still further. Furthermore, we argue inflationary pressures have …
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We investigate how childhood cognitive skills affect strategic sophistication and adult outcomes. In particular, we emphasize the importance of childhood theory-of-mind as a cognitive skill. We collected experimental data from more than seven hundred children in a variety of strategic...
Persistent link: https://www.econbiz.de/10012497802
Success in life increasingly depends on key skills that allow people to thrive in education, the labor market, and their interactions with others. In this paper, we emphasize creativity as a key skill that is essential to open-ended problem solving and resistant to automation. We use rich...
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costs influence insider wages and outsiders? opportunities and how these costs affect employment and unemployment. We also …
Persistent link: https://www.econbiz.de/10010292491
What are the sources of wage growth in developing countries? In the US, general labor market experience is the key source of wage growth, with job seniority playing a smaller role. By contrast, in Indonesia, the 10-year return to seniority is 24 to 29%, which is higher than the return to...
Persistent link: https://www.econbiz.de/10011288189