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The extension of information and communication technologies to economic activity is changing the labour market in important ways. This article shows that computerization and use of the Internet are associated with greater hours worked as well as higher wages; that IT occupations are rapidly...
Persistent link: https://www.econbiz.de/10012469455
The 1990s economic performance of the US suggests that the country may have the right mix of institutions and policies to be the peak capitalist economy in the new information economy. This paper develops criterion for judging peak status and examines whether the US fulfills these criterion. The...
Persistent link: https://www.econbiz.de/10012470993
This chapter analyzes the implications of the unexpected 2020-2021 COVID-19 pandemic for work and retirement in the U.S. The pandemic induced the greatest loss of jobs in the shortest period of time in U.S. history. A slow economic recovery would surely have endangered work longer/retire later...
Persistent link: https://www.econbiz.de/10012814428
This paper examines the flexibility of wages across industries inthe U.S. and seeks to determine the potential impact which changes in the industrial wage structure may have for employment. With regard to the flexibility of wages across industries, we find that the U.S., alone among the major...
Persistent link: https://www.econbiz.de/10012477478
sharp decline, in college enrollment. Statistical and survey questionnaire data show that this is due to the economic …
Persistent link: https://www.econbiz.de/10012478421
This study presents new estimates of collective bargaining coverage and union membership for detailed U.S. industries. It compares the new coverage and membership figures with each other and with figures derived by researchers for the early 1960's and analyzes the divergences. This analysis...
Persistent link: https://www.econbiz.de/10012478876
Workers have responded differently to declining union density in the US and UK. US workers have unfilled demand for unions whereas many UK workers free-ride at unionized workplaces. To explain this difference, we create a scalar measure of worker needs for representation and relate desire for...
Persistent link: https://www.econbiz.de/10012466359
(1) The U.S. share of the world's science and engineering graduates is declining rapidly as European and Asian universities, particularly from China, have increased S&E degrees while US degree production has stagnated
Persistent link: https://www.econbiz.de/10012467223
This paper seeks to explain the greater hours worked by Americans compared to Germans in terms of forward-looking labor supply responses to differences in earnings inequality between the countries. We argue that workers choose current hours of work to gain promotions and advance in the...
Persistent link: https://www.econbiz.de/10012470681
micro data files of the International Social Survey Programme cross-country surveys of 1985-87. Our analysis shows that …
Persistent link: https://www.econbiz.de/10012475693