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What are over-the-road truckers paid for? Evidence from an exogenous regulatory change on the role of social comparisons and work organization in wage determination
Burks, Stephen V.; Guy, Frederick - 2012
deregulation. Road driver output is individualized, and pay is on the basis of a piece rate (mileage). However, road drivers work … companies paid more than those for TL companies, but in LTL the union earnings premium was maintained following deregulation and …
Persistent link: https://www.econbiz.de/10010282408
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Do better schools lead to more growth? Cognitive skills, economic outcomes, and causation
Hanushek, Eric Alan; Woessmann, Ludger - 2009
We investigate whether a causal interpretation of the robust association between cognitive skills and economic growth is appropriate and whether cross-country evidence supports a case for the economic benefits of effective school policy. We develop a new common metric that allows tracking...
Persistent link: https://www.econbiz.de/10010274179
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International capital market integration, educational choice and economic growth
Egger, Hartmut; Egger, Peter; Falkinger, Josef; … - 2005
This paper examines the impact of capital market integration (CMI) on higher education and economic growth. We take into account that participation in higher education is non-compulsory and depends on individual choice. Integration increases (decreases) the incentives to participate in higher...
Persistent link: https://www.econbiz.de/10010267663
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Should easier access to international credit replace foreign aid?
Bandyopadhyay, Subhayu; Lahiri, Sajal; Younas, Javed - 2011
We examine the interaction between foreign aid and binding borrowing constraint for a recipient country. We also analyze how these two instruments affect economic growth via non-linear relationships. First of all, we develop a two-country, two-period trade-theoretic model to develop testable...
Persistent link: https://www.econbiz.de/10010282320
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Factor adjustments after deregulation: panel evidence from Colombian plants
Eslava, Marcela; Haltiwanger, John; Kugler, Adriana D.; … - 2005
In this paper, we analyze employment and capital adjustments using a panel of plants from Colombia. We allow for nonlinear adjustment of employment to reflect not only adjustment costs of labor but also adjustment costs of capital, and vice-versa. Using data from the Annual Manufacturing Survey,...
Persistent link: https://www.econbiz.de/10010274528
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Quantifying optimal growth policy
Grossmann, Volker; Steger, Thomas M.; Trimborn, Timo - 2010
The optimal mix of growth policies is derived within a comprehensive endogenous growth model. The analysis captures important elements of the tax-transfer system and takes into account transitional dynamics. Currently, for calculating corporate taxable income US firms are allowed to deduct...
Persistent link: https://www.econbiz.de/10010269804
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Skill-biased change in entrepreneurial technology
Poschke, Markus - 2010
. This paper proposes a simple theory of skill-biased change in entrepreneurial technology that fits with cross …
Persistent link: https://www.econbiz.de/10010274617
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Sectoral explanations of employment in Europe: the role of services
D'Agostino, Antonello; Serafini, Roberta; Ward, Melanie E. - 2006
This paper investigates the determinants of the service sector employment share in the EU-15, for the aggregate service sector, four sub-sectors and twelve service sector branches. Recently, both Europe and the US have experienced an increase in the share of service-related jobs in total...
Persistent link: https://www.econbiz.de/10010277105
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The effect of product demand on inequality: Evidence from the US and the UK
Leonardi, Marco - 2010
richer workers demand more low skill-intensive services (such as cleaning and personal services) but also more skill …-intensive services (such as education and professional services). The parametrization of a simple model suggests that this induced demand …
Persistent link: https://www.econbiz.de/10010269763
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Greasing the wheels of international commerce: how services facilitate firms' international sourcing
Debaere, Peter; Görg, Holger; Raff, Horst - 2010
We use unique plant-level data to study the link between the local availability of services and the decision of … international sourcing of materials depends on a firm's productivity and the availability of local services. These predictions are … materials to sales. In addition, we find evidence that services grease the wheels of international commerce: A greater …
Persistent link: https://www.econbiz.de/10010277455