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The Great Migration from the US South is a prominent theme in economic history research not only because it was a prime example of large scale internal migration, but also because it had far-reaching ramifications for American economic, social, and political change. This article offers a concise...
Persistent link: https://www.econbiz.de/10014096644
This paper presents a new framework for analyzing inequality that moves beyond the anonymity postulate. We estimate the determinants of sectoral choice and the joint distributions of outcomes across sectors. We determine which components of realized earnings variability are due to uncertainty...
Persistent link: https://www.econbiz.de/10012760644
Following on Keynes's Economic Possibilities for Our Grandchildren, this paper develops conjectures about the world we will leave to our grandchildren. It starts by outlining the 10 most important trends that have defined our economic, social, and political lives over the last 100 years. It then...
Persistent link: https://www.econbiz.de/10013107770
group in Ireland for improving insight into the Irish economy2. However it goes beyond that, as any new indicator or …
Persistent link: https://www.econbiz.de/10013224973
Large gaps in labor productivity between the traditional and modern parts of the economy are a fundamental reality of …
Persistent link: https://www.econbiz.de/10013123689
We suggest that the impact of globalization on wages has been missed because its effects must be captured by analyzing … occupational exposure to globalization. In this paper, we extend our previous work to include recent years (2003-2008), a period of … effects of globalization, with offshoring to low wage countries and imports both associated with wage declines for US workers …
Persistent link: https://www.econbiz.de/10013026297
shifts. By shocks we mean sudden jolts to the world economy in the form of financial crises and deep recessions, or wars and …
Persistent link: https://www.econbiz.de/10013092123
One of the most difficult problems in the social sciences is measuring the policy climate in societies. Prior to the 1930s the vast majority of labor regulations in the U.S. were enacted at the state level. In this paper we develop several summary measures of labor regulation that document the...
Persistent link: https://www.econbiz.de/10012758595
Congress financed the American Revolution by issuing paper Continental Dollars. The story of the Continental Dollar is familiar to all -- a lot were issued and hyper-inflation ensued. Emissions were permanently discontinued in 1779. Thereafter, they became worthless and were forgotten. They had...
Persistent link: https://www.econbiz.de/10012759559
Critical transitions for a country are historical periods when the powerful organizations in a country shift from one set of beliefs about how institutions (the formal and informal rules of the game) will affect outcomes to a new set of beliefs. Critical transitions can lead a country toward...
Persistent link: https://www.econbiz.de/10012994897