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Unions and Wage Inequality : The Roles of Gender, Skill and Public Sector Employment

Card, David - 2018

America are women. While early studies of unions and inequality focused on males, recent studies find that unions reduce wage … in the effects of unionization on wage inequality. At present, unions reduce economy-wide wage inequality by less than 10 … unions on male and female wage inequality no longer differ. The key differences in union impacts are between the public and …

Persistent link: https://www.econbiz.de/10012907134

Unionization and Wage Inequality : A Comparative Study of the U.S, the U.K., and Canada

Card, David; Lemieux, Thomas; Riddell, W. Craig - 2021

find that unions have remarkably similar qualitative impacts in all three countries. In particular, unions tend to …

Persistent link: https://www.econbiz.de/10013227024

Inflation and Activity – Two Explorations and Their Monetary Policy Implications

Blanchard, Olivier J. - 2015

We explore two issues triggered by the crisis. First, in most advanced countries, output remains far below the pre-recession trend, suggesting hysteresis. Second, while inflation has decreased, it has decreased less than anticipated, suggesting a breakdown of the relation between inflation and...

Persistent link: https://www.econbiz.de/10013011919

International Asset Allocation with Time-Varying Correlations

Bekaert, Geert - 2008

It is widely believed that correlations between international equity markets tend to increase in highly volatile bear markets. This has led some to doubt the benefits of international diversification. This article solves the dynamic portfolio choice problem of a US investor faced with a...

Persistent link: https://www.econbiz.de/10012774819

Expectations Hypotheses Tests

Bekaert, Geert; Hodrick, Robert J. - 2021

We investigate the Expectations Hypotheses of the term structure of interest rates and of the foreign exchange market using vector autoregressive methods for the U.S. dollar, Deutsche mark, and British pound interest rates and exchange rates. In addition to standard Wald tests, we formulate...

Persistent link: https://www.econbiz.de/10013232893