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Many low skilled jobs have been substituted away for machines in Europe, or eliminated, much more so than in the US …, while technological progress at the quot;topquot;, i.e. at the high-tech sector, is faster in the US than in Europe. This … paper suggests that the main difference between Europe and the US in this respect is their different labor market policies …
Persistent link: https://www.econbiz.de/10012754112
survey conducted in China, India, Japan, and the United States. It finds striking inter-country differences in bequest plans …
Persistent link: https://www.econbiz.de/10013053473
A substantial part of international differences in prices of individual products, both goods and services, can be explained by differences in per capita income, wage compression, or low wage dispersion among low-wage workers, and short-term exchange rate fluctuations. Higher per capita income is...
Persistent link: https://www.econbiz.de/10012759959
We examine the impact on U.S. labor markets of offshore outsourcing in services to China and India. We also consider … China and India. Using March-to-March matched CPS data for 1996-2006 we examine the impacts on (1) occupation and industry … experienced during 1996-2005 in business, professional and technical services i.e., in segments where China and India have been …
Persistent link: https://www.econbiz.de/10012753588
compares the actual performance of markets in Europe and China, two regions of the world that were relatively advanced in the … findings suggest that relative levels of market function in China and Europe were similar prior to the Industrial Revolution …Prevailing views suggest the Industrial Revolution began in Europe because markets had gradually become more efficient …
Persistent link: https://www.econbiz.de/10013223801
argued that “fractured land” was responsible for China’s tendency toward political unification and Europe’s protracted … find that topography alone is sufficient, but not necessary, to explain polycentrism in Europe and unification in China …. Differences in land productivity, in particular the existence of a core region of high land productivity in northern China, also …
Persistent link: https://www.econbiz.de/10014093966
The purpose of this paper was to investigate whether there is a relationship between the degree of wage dispersion in a country and its price level relative to other countries, compared in a common currency. It was found that once a country's real per capita income and deviations of its exchange...
Persistent link: https://www.econbiz.de/10013220939
We study whether current spending levels and public knowledge of them contribute to transatlantic differences in policy preferences by implementing parallel survey experiments in Germany and the United States. In both countries, support for increased education spending and teacher salaries falls...
Persistent link: https://www.econbiz.de/10012979764
This paper shows that different labor market policies can lead to differences in technology across sectors in a model of labor saving technologies. Labor market regulations reduce the skill premium and as a result, if technologies are labor saving, countries with more stringent labor regulation,...
Persistent link: https://www.econbiz.de/10013030615
The relative performance of China and India is compared using two different methods and they provide a very different … goods and services and of gross fixed capital formation. Using a two tailed- test we find that China does better than India … higher share of XGS, GFCF etc in GDP than does India. We also find that China usually has a lower CV, namely a more stable …
Persistent link: https://www.econbiz.de/10013082432