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The Natural Resource Boom and the Uneven Fall of the Labor Share
Dávila, Andrés O.; Fernandez Sierra, Manuel; Zuleta, … - 2021
We study the effect of the upsurge of natural resources income from the commodity price boom of the 2000s on the functional distribution of income. To do so, we build a general equilibrium model of Dutch disease that characterizes how natural resource windfalls affect equilibrium factor shares....
Persistent link: https://www.econbiz.de/10012658171
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Empirical Findings on the Swiss Migration Experience
Straubhaar, Thomas; Golder, Stefan M. - 1999
Switzerland has experienced a substantial influx of immigrants over the last 50 years after World War II, which has led Switzerland to have among the highest share of foreigners in population among all OECD countries. This paper analyses the migration experience of Switzerland. The analysis...
Persistent link: https://www.econbiz.de/10010262272
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Distribution and Growth in an Economy with Limited Needs
Saint-Paul, Gilles - 2001
knowledge sector is bounded, as productivity increases, the economy moves from a ?Solovian zone? where wages increase with … productivity, to a ?Marxian? zone where the paradoxically decline with productivity. This is because as consumption of a given good … more unevenly distributed then productivity, technical progress always increases inequality. Redistribution from profits to …
Persistent link: https://www.econbiz.de/10010262477
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Labor Market Institutions and the Employment-Productivity Trade-Off : A Wage Posting Approach
Chéron, Arnaud; Hairault, Jean-Olivier; Langot, François - 2004
This paper analyzes the implications of labor market institutions and policies on the employment-labor productivity … unemployment and the distribution of both wages and productivity are endogenous. By means of simulations of this model estimated on …
Persistent link: https://www.econbiz.de/10010274094
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Distributional consequences of capital accumulation, globalisation and financialisation in the US
Karanassou, Marika; Sala, Hector - 2013
the wage-productivity gap could enlighten economic policy. …
Persistent link: https://www.econbiz.de/10010293176
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Migration, the Quality of the Labour Force and Economic Inequality
Kahanec, Martin; Zimmermann, Klaus F. - Institute for the Study of Labor (IZA) - 2008
Mobility of workers involves flows of labour, human capital and other production factors and thus contributes to a more efficient allocation of resources. Besides these effects on allocative efficiency, migrant flows affect relative wages and also change the international and national...
Persistent link: https://www.econbiz.de/10005762078
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Distributional Consequences of Capital Accumulation, Globalisation and Financialisation in the US
Karanassou, Marika; Sala, Hector - Institute for the Study of Labor (IZA) - 2013
the wage-productivity gap could enlighten economic policy. …
Persistent link: https://www.econbiz.de/10010627844
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International Migration, Ethnicity and Economic Inequality
Kahanec, Martin; Zimmermann, Klaus F. - Institute for the Study of Labor (IZA) - 2008
While the allocative efficiency of mobility is typically considered to be positive but small in the long run, the induced changes in equality may be considerable in size. In practice, however, migrants typically improve their income position in comparison to those at home, stimulate the economic...
Persistent link: https://www.econbiz.de/10005566767
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Understanding the Reallocation of Displaced Workers to Firms
Brandily, Paul; Hémet, Camille; Malgouyres, Clément - 2022
share of the overall cost of displacement. However, and despite the positive correlation between premium and productivity in … the cross-section of firms, we find that workers are reemployed by high productivity, low labor share firms. The observed … reallocation is therefore productivity-enhancing, yet costly for workers. We show that destination firms are less likely to …
Persistent link: https://www.econbiz.de/10013177746
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Wage dispersion and firm productivity in different working environments
Mahy, Benoît; Rycx, François; Volral, Mélanie - 2009
This paper investigates the impact of wage dispersion on firm productivity in different working environments. More …-shaped relationship between (conditional) wage dispersion and firm productivity. This result suggests that up to (beyond) a certain level …
Persistent link: https://www.econbiz.de/10010271243