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Labor Market Rigidities, Trade and Unemployment
Helpman, Elhanan - 2010
We study a two-country two-sector model of international trade in which one sector produces homogeneous products while the other produces differentiated products. The differentiated-product industry has firm heterogeneity, monopolistic competition, search and matching in its labor market, and...
Persistent link: https://www.econbiz.de/10012759869
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When, Where, and Why? Early Industrialization in the Poor Periphery 1870-1940
Williamson, Jeffrey G. - 2010
This paper documents industrial output and labor productivity growth around the poor periphery 1870-1940 (Latin America, the European periphery, the Middle East, South Asia, Southeast Asia and East Asia). Intensive and extensive industrial growth accelerated there over these seven critical...
Persistent link: https://www.econbiz.de/10013138324
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The Relative Productivity Hypothesis of Industrialization : The American Case, 1820-1850
Goldin, Claudia; Sokoloff, Kenneth L. - 2021
. Industrialization in the Northeast was substantially powered during these decades by female and child labor, who comprised about 45% of … hypothesis of early industrialization is that such development proceeds first in areas whose agriculture, for various reasons … develop seven propositions relating to the process of early industrialization. Data from two early censuses of manufactures …
Persistent link: https://www.econbiz.de/10013222325
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Two Views of the British Industrial Revolution
Temin, Peter - 2021
There are two views of the British Industrial Revolution in the literature today. The more traditional description, represented by the views of Ashton and Landes, sees the Industrial Revolution as a broad change in the British economy and society. This broad view of the Industrial Revolution has...
Persistent link: https://www.econbiz.de/10013237966
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Technology and Geography in the Second Industrial Revolution : New Evidence from the Margins of Trade
Huberman, Michael - 2015
In the Belle Époque, Belgium recorded an unprecedented trade boom, but growth in output per capita was lackluster. We seek to reconcile this ostensible paradox. Because of the sharp decline in both fixed and variable trade costs, the trade boom was as much about the expansion in the number of...
Persistent link: https://www.econbiz.de/10013030134
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Perceptions of Equity and the Distribution of Income
Rotemberg, Julio J. - 2021
This paper builds a simple model where there is a link between employees' perception of the fairness of employers and the actual distribution of income. Wages are based in part on employers' assessments of the productivity of individual employees. I show that the equilibrium distribution of...
Persistent link: https://www.econbiz.de/10013227882
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The Labor Wedge : Mrs vs. Mpn
Karabarbounis, Loukas - 2013
Do fluctuations of the labor wedge, defined as the gap between the firm's marginal product of labor (MPN) and the household's marginal rate of substitution (MRS), reflect fluctuations of the gap between the MPN and the real wage or fluctuations of the gap between the real wage and the MRS? For...
Persistent link: https://www.econbiz.de/10013082427
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Wedges, Wages, and Productivity Under the Affordable Care Act
Mulligan, Casey B. - 2013
Our paper documents the large labor market wedges created by taxes, subsidies, and regulations included in the Affordable Care Act. The law changes terms of trade in both goods and factor markets for firms offering health insurance coverage. We use a multi-sector (intra-national) trade model to...
Persistent link: https://www.econbiz.de/10013071301
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The Slow Decline of East Germany
Uhlig, Harald - 2010
Fifteen years after German reunification, the facts about slow regional convergence have born out the prediction of Barro (1991), except that migration out of East Germany has not slowed down. I document that in particular the 18-29 year old are leaving East Germany, and that the emigration has...
Persistent link: https://www.econbiz.de/10012758029
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Ability and Employer Learning : Evidence from the Economist Labor Market
Oyer, Paul - 2010
I study the human capital development and firm-worker matching processes for PhD economists. This group is useful for this purpose because the types of jobs they hold can be easily categorized and they have an observable productivity measure (that is, publications.) I derive a two-period model...
Persistent link: https://www.econbiz.de/10012760294