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Institutions in the Economic Fitness Landscape: What Impact Do Welfare State Institutions Have on Economic Performance?
Schettkat, Ronald - 2003
This paper uses data from 20 OECD countries to investigate the impact of welfare state institutions (especially employment protection, wage bargaining and work incentives) on the functioning of the labour market both theoretically and empirically. It shows that the impact of welfare state...
Persistent link: https://www.econbiz.de/10010262103
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Accounting for China's growth
Brandt, Loren; Zhu, Xiaodong - 2010
China has achieved impressive growth over the last three decades. However, there has been debate over the sources of … the growth, and the role of the intensive versus extensive margin. Growth accounting exercises at the aggregate level … have been doubts about the contribution of TFP improvements to growth. For the period between 1978 and 1998, Young (2003 …
Persistent link: https://www.econbiz.de/10010269571
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Institutions in the Economic Fitness Landscape: What Impact Do Welfare State Institutions Have on Economic Performance?
Schettkat, Ronald - Institute for the Study of Labor (IZA) - 2003
This paper uses data from 20 OECD countries to investigate the impact of welfare state institutions (especially employment protection, wage bargaining and work incentives) on the functioning of the labour market both theoretically and empirically. It shows that the impact of welfare state...
Persistent link: https://www.econbiz.de/10005700914
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Accounting for China's Growth
Brandt, Loren; Zhu, Xiaodong - Institute for the Study of Labor (IZA) - 2010
China has achieved impressive growth over the last three decades. However, there has been debate over the sources of … the growth, and the role of the intensive versus extensive margin. Growth accounting exercises at the aggregate level … have been doubts about the contribution of TFP improvements to growth. For the period between 1978 and 1998, Young (2003 …
Persistent link: https://www.econbiz.de/10008615448
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Marriage and Marriage Markets
Grossbard, Shoshana - 2016
This paper reviews models of marriage, with special emphasis on how the sex ratio (the ratio of marriageable men to women) can help explain measurable outcomes such as marriage formation, intra-marriage distribution of consumption goods, savings, labor supply, leisure, type of relationship,...
Persistent link: https://www.econbiz.de/10011584627
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Family Economics Writ Large
Greenwood, Jeremy; Guner, Nezih; Vandenbroucke, Guillaume - 2016
Powerful currents have reshaped the structure of families over the last century. There has been (i) a dramatic drop in fertility and greater parental investment in children; (ii) a rise in married female labor-force participation; (iii) a decline in marriage and a rise in divorce; (iv) a higher...
Persistent link: https://www.econbiz.de/10011584677
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Inflation Expectations and Firm Decisions: New Causal Evidence
Coibion, Olivier; Gorodnichenko, Yuriy; Ropele, Tiziano - 2018
We use a unique design feature of a survey of Italian firms to study the causal effect of inflation expectations on firms' economic decisions. In the survey, a randomly chosen subset of firms is repeatedly treated with information about recent inflation (or the European Central Bank's inflation...
Persistent link: https://www.econbiz.de/10011984597
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Labor Market Power
Berger, David; Herkenhoff, Kyle; Mongey, Simon - 2019
What are the welfare implications of labor market power? We provide an answer to this question in two steps: (1) we develop a tractable quantitative, general equilibrium, oligopsony model of the labor market, (2) we estimate key parameters using within-firm-state, across-market differences in...
Persistent link: https://www.econbiz.de/10012005977
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Generational accounting, solidarity and pension losses
Teulings, Coen N.; de Vries, Casper G. - 2003
The creeping stock market collapse eroded the wealth of funded pension systems. This led to political tensions between generations due to the fuzzy definition of property rights on the pension funds wealth. We argue that this problem can best be resolved by the introduction of generational...
Persistent link: https://www.econbiz.de/10010261654
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The shift to services : a review of the literature
Schettkat, Ronald; Yocarini, Lara - 2003
The present paper provides an overview of literature on the shift to services. It follows the three dimensions of structural change - final demand, the inter-industry division of labor and inter-industry productivity differences. It first looks at the ?classics?, however (Fisher (1935), Clark...
Persistent link: https://www.econbiz.de/10010261657