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response to anticipated changes in wages (holding the marginal utility of wealth constant-that is, the Frisch elasticity) and … substantially the estimates of the Frisch elasticity. The labor supply response to an unanticipated change in wages is small because … to unanticipated change in wages (which describes the effect of uncertainty in labor supply responses). The model …
Persistent link: https://www.econbiz.de/10005616810
regressions, trying to capture the effect of these variables on the real wages and salaries in Germany while considering the … emigration on the real wages and salaries of German laborers. Annual data for 49 years has been used to estimate twelve different … unification of West-East Germany with a dummy variable. The results are intriguing, and contradicting with most of the earlier …
Persistent link: https://www.econbiz.de/10005619638
This paper investigates the time-varying correlation between the EU12-wide business cycle and the initial EU12 member-countries based on Scalar-BEKK and multivariate Riskmetrics model frameworks for the period 1980-2012. The paper provides evidence that changes in the business cycle...
Persistent link: https://www.econbiz.de/10012910120
When estimating regional inequality, many economists use inequality indices weighted by the regions' shares in the national population. Although this approach is widespread, its adequacy has not received attention in the regional science literature. This paper proves that such approach is...
Persistent link: https://www.econbiz.de/10012943787
This paper examines the determinants of economic growth, income inequality, and their relationship in the context of education inequality. The econometrics indicate that a higher level of human capital and the relative dispersion of human capital have a disequalizing relationship with income...
Persistent link: https://www.econbiz.de/10013143699
estimation of the wage gain due to the presence of labor market imperfections across those three stages. The part of the wage … belonging to the Mexican labor survey -ENOE-. The results suggest that 82.7% of the variance of the wages of the subordinated …
Persistent link: https://www.econbiz.de/10008592930
A vast theoretical and empirical literature has focused on the effects of unemployment insurance benefits on the decisions of the recipients and how these decisions influence their labor market outcomes. Three strands of literature are discussed in this paper: (i) the impact of unemployment...
Persistent link: https://www.econbiz.de/10011111772
Using a rich dataset of primary school students in the Netherlands, this paper investigates the heterogeneous effects of immigrant concentration in the classroom on the academic achievement of natives. To identify the treatment effect, it takes advantage of some features of the Dutch primary...
Persistent link: https://www.econbiz.de/10012950369
Discussions of health care reforms are always tightly connected with the question of ensuring equity in financing health care. This paper analyses the German health care reform 2007 and its effect on the equity of health care financing. To do this Rawls’ and Nozick’s perceptions of justice...
Persistent link: https://www.econbiz.de/10008595624
In this paper I describe certain results that were obtained in the UNITAR project based on a model I have specified for studying the relationship between international terms of trade and domestic income distributions of the exporting countries within the South. In particular, I shall concentrate...
Persistent link: https://www.econbiz.de/10005835749