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Because of the apparent simplicity of defined contribution plans, they have until recently received relatively little analysis by economists. The presumption that defined contribution plans are non-distortionary is stronger for voluntary than mandatory plans because with voluntary plans workers...
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Australian manufacturing is a picture of diversity and contrasts. This is the main finding of this paper which examines trends in the Australian manufacturing sector over the last two decades. Manufacturing output has quadrupled since the mid-1950s. The fastest growing activities have been those...
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increase growth and employment are studied. From a cross-country approach, this study finds a significant relationship between …
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with similar downturns had very different employment trends can help design policies to reduce such costs and improve labor … markets. This paper analyzes the recent employment experiences of six economies: Germany, Korea, Mexico, New Zealand, Spain …
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