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This paper is a contribution to the forthcoming Edward Elgar Handbook of the History of Economic Analysis volume edited by Gilbert Faccarello and Heinz Kurz. Its aim is to introduce the reader to the main episodes that have marked the course of modern macroeconomics: its emergence after the...
Persistent link: https://www.econbiz.de/10009350363
Using longitudinal data from the Swiss Household Panel, this analysis suggests that the cross-sectional estimates of the returns to educational mismatch are significantly biased when unobserved heterogeneity is omitted in the wage equation. The results of the standard fixed effects model indeed...
Persistent link: https://www.econbiz.de/10009350364
There are around 3 million Turkish origin migrants in Germany and 400 thousand in France who have already raised their third generations. Nowadays they are even being named with their hyphenated identities, such as German-Turks and French-Turks. In the meantime, they encounter various obstacles...
Persistent link: https://www.econbiz.de/10009350365
In this paper, we have developed a two-period overlapping-generation model featuring the effects of child nutrition in developing countries. The model gives rise to multiple equilibria including a poverty trap. It shows that child nutrition status may affect the development of human capital...
Persistent link: https://www.econbiz.de/10009350366
We study the effects of pension reform in a four-period OLG model for an open economy where hours worked by three active generations, education of the young, the retirement decision of older workers, and aggregate per capita growth, are endogenous. Next to the characteristics of the pension...
Persistent link: https://www.econbiz.de/10009350367
The use of proxy variables to control for unobservables when estimating a production function has become increasingly popular in empirical works in recent years. The present paper aims to contribute to this literature in three important ways. First, we provide a structured review of the...
Persistent link: https://www.econbiz.de/10009350368
To investigate why young workers exhibit higher unemployment and separation rates, I extend the basic matching model of Pissarides by incorporating learning on match quality as Pries and Rogerson (2005). Match quality is heterogenous and is inferred from the output performance. Because matches...
Persistent link: https://www.econbiz.de/10009350369
We analyse gender wage inequalities in Italy in the mid-1990s and in the mid-2000s. In this period important labour market developments occurred: institutional changes have loosened the use of flexible and atypical contracts; the female employment rates and educational levels have substantially...
Persistent link: https://www.econbiz.de/10009350370
This paper analyzes the effects of weather anomalies on migration in sub-Saharan Africa. Theoretically, we show how weather anomalies induce rural-urban migration that subsequently triggers international migration. We distinguish two transmission channels, an amenity and an economic geography...
Persistent link: https://www.econbiz.de/10009350371
Geoengineering, i.e. the use of artificial techniques aiming at cooling the planet, is increasingly considered as a realistic alternative to emission mitigation. Several methods are promising for their capacity to quickly halt global warming at a moderate cost. Such cheap technologies might be...
Persistent link: https://www.econbiz.de/10009350372