Showing 1 - 10 of 2,615
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/10012457825
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 "top", 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. European …
Persistent link: https://www.econbiz.de/10012466081
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/10012458506
In this paper, I analyze detailed data on intergenerational transfers in 4 countries (China, India, Japan, and the … United States) from the "Japan Household Panel Survey on Consumer Preferences and Satisfaction (JHPS-CPS)" which has been …
Persistent link: https://www.econbiz.de/10015094857
In a collaborative project with ten central banks, we have investigated the causes of the post-pandemic global inflation, building on our earlier work for the United States. Globally, as in the United States, pandemic-era inflation was due primarily to supply disruptions and sharp increases in...
Persistent link: https://www.econbiz.de/10014544809
We study how the rise of trade in services with China and India has impacted U.S. labour markets. The topic has two … for 1996-2007. The cumulative 10-year impact of rising service imports from China and India has been as follows. (1 …
Persistent link: https://www.econbiz.de/10012461099
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/10012465414
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/10012455872
Can history shed light on the modern debate about immigration's labor market impact in high wage economies? This paper examines the relationship between migration and capital flows in the age of mass migration before 1914, the so-called first global century. It then assesses the effects of...
Persistent link: https://www.econbiz.de/10012466251
We study the productivity-pay relationship in the United States and Canada along two dimensions. The first is divergence: the degree to which the levels of productivity and pay have diverged. The second is delinkage: the degree to which incremental increases in the rate of productivity growth...
Persistent link: https://www.econbiz.de/10012794576