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utilization. These novelties have a major impact, especially in Europe, where our estimated TFP growth series are less volatile …-level and aggregate TFP series, as well as the first estimates of utilization-adjusted quarterly TFP growth in Europe …
Persistent link: https://www.econbiz.de/10014091114
China's rapid growth was fueled by substantial physical capital investments applied to a large stock of medium skilled labor acquired before economic reforms began. As development proceeded, the demand for high skilled labor has grown, and, in the past decade, China has made substantial...
Persistent link: https://www.econbiz.de/10013106083
Motivated by the recent rise of populism in western democracies, we develop a tractable equilibrium model in which a … vulnerable to populism, both in the model and in the data …
Persistent link: https://www.econbiz.de/10012912539
Populism may seem like it has come out of nowhere, but it has been on the rise for a while. I argue that economic … distinguish between left-wing and right-wing variants of populism, which differ with respect to the societal cleavages that … populist politicians highlight. The first has been predominant in Latin America, and the second in Europe. I argue that these …
Persistent link: https://www.econbiz.de/10012952507
right). The results help explain the greater popular demand for government to fight inequality in Europe relative to the US … happiness,' we find that there is a large, negative and significant effect of inequality on happiness in Europe but not in the … US. There are two potential explanations. First, Europeans prefer more equal societies (inequality belongs in the utility …
Persistent link: https://www.econbiz.de/10013226162
We reassess the effect of state and federal minimum wages on U.S. earnings inequality using two additional decades of …
Persistent link: https://www.econbiz.de/10013132486
Although the vast majority of US research on trends in the inequality of family income is based on public-use March …
Persistent link: https://www.econbiz.de/10013156537
Using earnings data from the U.S. Census Bureau, this paper analyzes the role of the employer in explaining the rise in …
Persistent link: https://www.econbiz.de/10012902136
Access to IRS personal income tax records improves researchers' ability to track U.S. income and inequality, especially …
Persistent link: https://www.econbiz.de/10012966592
We study trends in income inequality across U.S. states and counties 1960-2019 using a mix of administrative and survey …
Persistent link: https://www.econbiz.de/10014089530