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Factor shares, the price markup, and the elasticity of substitution between capital and labor
Raurich, Xavier; Sala, Hector; Sorolla, Valeri - 2011
In a Walrasian labor market, the labor income share is constant under the assumptions of a Cobb-Douglas production function and perfect competition. Given the observed decline of the labor share in recent decades, this paper relaxes these assumptions, proposes a time-series calculation of the...
Persistent link: https://www.econbiz.de/10010280664
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A Simple, Analytically Solvable Chamberlinian Agglomeration Model
Pflüger, Michael - 2001
This paper presents a simple, analytically solvable Chamberlinian agglomeration model. As in the canonical core-periphery (CP) model, two agglomerative forces are at work. However, the present model exhibits a 'pitchfork bifurcation' rather than the 'tomahawk bifurcation' of the CP model.
Persistent link: https://www.econbiz.de/10010262568
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Japan and her dealings with offshoring: An empirical analysis with aggregate data
Agnese, Pablo - 2011
First moves towards a real understanding of offshoring date back to very recent times. In particular for Japan, the …
Persistent link: https://www.econbiz.de/10010278561
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Return of the Solow Paradox? IT, Productivity, and Employment in U.S. Manufacturing
Acemoglu, Daron; Autor, David; Dorn, David; Hanson, … - 2014
An increasingly influential technological-discontinuity paradigm suggests that IT-induced technological changes are rapidly raising productivity while making workers redundant. This paper explores the evidence for this view among the IT-using U.S. manufacturing industries. There is some limited...
Persistent link: https://www.econbiz.de/10010333318
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The farm, the city, and the emergence of social security
Caucutt, Elizabeth M.; Cooley, Thomas F.; Guner, Nezih - 2008
In this paper we study the social, demographic and economic origins of social security. The data for the U.S. and for a cross section of countries make it clear that urbanization and industrialization are strongly associated with the rise of social insurance. We describe a model economy in which...
Persistent link: https://www.econbiz.de/10010268612
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Institutional features of wage bargaining in 23 European countries, the US and Japan
Du Caju, Philip; Gautier, Erwan; Momferatou, Daphne; … - 2008
countries, plus the US and Japan. Main findings include a high degree of regulation in wage setting in most countries. Although …
Persistent link: https://www.econbiz.de/10010269067
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Distortions, endogenous managerial skills and productivity differences
Bhattacharya, Dhritiman; Guner, Nezih; Ventura, Gustavo - 2011
are critical in accounting for the differences in size distribution between the U.S. and Japan. …
Persistent link: https://www.econbiz.de/10010280700
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Long-term employment and job security over the last twenty-five years: A comparative study of Japan and the US
Kambayashi, Ryo; Kato, Takao - 2011
-national analysis of micro data from Japan's Employment Status Survey and its U.S. counterpart, Current Population Survey. Our focus is … core employees (employees of prime age of 30-44 who have already accumulated at least five years of tenure) in Japan were … remarkably stable at around 70 percent over the last twenty-five years, and there is little evidence that Japan's Great Recession …
Persistent link: https://www.econbiz.de/10010282605
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Leadership at school: Does the gender of siblings matter?
Brunello, Giorgio; De Paola, Maria - 2012
and Japan to investigate whether these behaviors in middle and high school are affected by the gender composition of … males and for females in the US and the probability of sport participation for males in Japan. We also find that parental … education matters more for these behaviors in the US than in Japan, and that in the latter country the oldest son or daughter …
Persistent link: https://www.econbiz.de/10010289868
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The Changing Profile of Mexican Migrants to the United States: New Evidence from California and Mexico
Cornelius, Wayne A.; Marcelli, Enrico A. - 2000
Using recent data from southern California and Mexico we challenge the notion that the demographic profile of post-1970 Mexican migrants to the United States has remained constant. We find that more recent cohorts of migrants: (1) are more likely to settle permanently in the United States, (2)...
Persistent link: https://www.econbiz.de/10010262427