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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 essay offers a concise...
Persistent link: https://www.econbiz.de/10012481850
What drives change in a society's values? From Marx to modernization theory, scholars have identified a connection between structural transformation and social change. To understand how changes in a society's dominant mode of production affect its dominant values, we examine the case of the...
Persistent link: https://www.econbiz.de/10014372465
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/10012466145
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/10012460665
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/10012452862
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/10012457641
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/10012461515
We study the roles of globalization and structural change in the evolution of international GDP comovement among … share of less correlated sectors in GDP. Globalization - trend reductions in trade costs - exerts two opposing effects on … therefore comovement. On the other, globalization induces structural change towards services because it reduces the relative …
Persistent link: https://www.econbiz.de/10014322746
This paper describes the challenges of globalization in terms of the logic underpinning four distinct policy … economy trilemma between capital mobility, democracy and sovereignty; 4. The Financial stability trilemma between capital … vulnerabilities. They can be described as the impossible policy choices at the heart of globalization …
Persistent link: https://www.econbiz.de/10013388862
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/10012464480