Showing 1 - 10 of 451
manufacturing sector of China and India. We first provide a comparison between India and China using a broad international … perspective. We find that China has increased its labor productivity to a level above that of India, but due to a somewhat higher … compensation level, China is still somewhat at a disadvantage in terms of unit labor cost in manufacturing relative to India. In …
Persistent link: https://www.econbiz.de/10011807634
This paper examines the causal link between education and democracy. Motivated by a model whereby educated individuals …, the empirical analysis uses World Values Surveys to study the link between education and democratic attitudes. Controlling … for a variety of characteristics, the paper finds that higher education levels tend to result in prodemocracy views. These …
Persistent link: https://www.econbiz.de/10010278288
The paper evaluates the performance of three popular monetary policy rules when the central bank is learning aboutthe parameter values of a simple New Keynesian model. The three policies are: (1) the optimal non-inertial rule; (2)the optimal history-dependent rule; (3) the optimal price-level...
Persistent link: https://www.econbiz.de/10005870371
New data on individual worker’s outputs show that New England ring spinners exhibited substantial on the job learning c. 1905. Despite this, variable capital-labour ratios meant high labour turnover reduced aggregate labour productivity only fractionally. The combination of variable...
Persistent link: https://www.econbiz.de/10005870600
Virtual assignments are characterized by the spatial separation of private and business life.The virtual delegate lives and interacts in one culture, yet he or she works together mainlywith people from another culture. While the virtual assignee is physically located in theheadquarters, from an...
Persistent link: https://www.econbiz.de/10005869234
set collected in the Himalayan region of India allows us to deal with the heterogeneity of rural nonfarm activities by … inquiry that reveals that education plays a major role in accessing more remunerative nonfarm employment. Other household …
Persistent link: https://www.econbiz.de/10011807611
This paper evaluates the impact of globalization on tax bases of countries at varying stages of development. We see … globalization as a process that induces countries to embrace greater trade and financial integration. This in turn should shift …
Persistent link: https://www.econbiz.de/10010322726
Globalization has led to a vast flow of migration of workers but also of students. The purpose of this paper is to … analyze the migration of individuals encompassing decisions already at the level of education. We develop a unified brain … drain model that incorporates the decisions of an individual vis - à - vis both education and migration. In the empirical …
Persistent link: https://www.econbiz.de/10010336067
What is the impact of import competition from low-wage countries (LWCs) on inflationary pressure in Europe? This paper examines whether labor-intensive exports from emerging Europe, Asia, and other global regions have a uniform impact on producer prices in Germany, France, Italy, Sweden, and the...
Persistent link: https://www.econbiz.de/10011430088
To examine the impact of globalization on managerial compensation, we consider a matching model where a number of firms … compete both in the product market and in the managerial market. We show that globalization, i.e. the simultaneous integration …
Persistent link: https://www.econbiz.de/10010315582