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In this paper, we analyze the development of public consumption expenditure in Austria starting in the 1940s. We focus our attention on two hypotheses as to why public consumption expenditure has been constantly increasing: Wagner's law and Baumol's cost disease. The estimated income elasticity...
Persistent link: https://www.econbiz.de/10011718789
In this paper we provide firm-level evidence on the role of resource misallocation for total factor productivity development in Austria. We apply the indirect approach of measuring misallocation via the dispersion in marginal products within narrowly defined industries of Hsieh and Klenow (2009)...
Persistent link: https://www.econbiz.de/10014279479
Die Studie erforscht die betrieblichen Realisierungsbedingungen von lebensphasenorientierten Arbeitszeiten. Den Beschäftigten in Deutschland stehen Arbeitszeitoptionen wie Teilzeit, Elternzeit und weitere Freistellungsregelungen zur Verfügung, um ihre Arbeitszeiten an verschiedene Bedarfe im...
Persistent link: https://www.econbiz.de/10011537475
Women in developed economies have made major inroads in labor markets throughout the past century, but remaining gender differences in pay and employment seem remarkably persistent. This paper documents long-run trends in female employment, working hours and relative wages for a wide...
Persistent link: https://www.econbiz.de/10011413267
"In this paper, we construct a simple model based on heterogeneity in workers' productivity and homogeneity in their working schedules. This simple model can generate unemployment, even if wages adjust instantaneously, firms are perfectly competitive, and firms can perfectly observe workers'...
Persistent link: https://www.econbiz.de/10002956728
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The COVID-19 pandemic has highly asymmetric effects on labour market outcomes of men and women. In this paper, we empirically investigate the dynamics and drivers of gender gaps in employment rates, wages and workhours during the pandemic. Relying on Estonian Labour Force Survey data, we...
Persistent link: https://www.econbiz.de/10012544966