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workers lose their jobs. By introducing minimum wages, the model explains empirical findings on the effects of minimum wage … laws. In addition, the model shows that minimum wages can account for about half of the differences in youth employment …
Persistent link: https://www.econbiz.de/10008646827
We find that over the period 1950–1990, states in United States absorbed increases in the supply of schooling due to tighter compulsory schooling and child labor laws mostly through within-industry increases in the schooling intensity of production. Shifts in the industry composition towards...
Persistent link: https://www.econbiz.de/10010840993
workers distributed between them. We introduce commuting costs and search-matching frictions to deal with the spatial mismatch … changes in the workforce distribution have non-negligible effects on unemployment rates, wages and net output. …
Persistent link: https://www.econbiz.de/10010884087
workers distributed between them. We introduce commuting costs and search-matching frictions to deal with the spatial mismatch … changes in the workforce distribution have non-negligible effects on unemployment rates, wages and net output. …
Persistent link: https://www.econbiz.de/10010733662
dynamic model in [Acemoglu, D., 1999. Changes in unemployment and wage inequality: an alternative theory and some evidence …
Persistent link: https://www.econbiz.de/10010894487
In an article published in Development and Change in 2011, I suggested an alternative measure of inequality to the Gini - a "19th Century statistic" - which has subsequently become known as the ´Palma Ratio'. In this new article, I revisit the argument for such a measure. Using new data, I...
Persistent link: https://www.econbiz.de/10010949350
-10 percent. Since then both skill premia have increased by around 10 percentage points in 2002. Theories that equalize wages with …
Persistent link: https://www.econbiz.de/10005661889
realen BIP von fast 3% gerechnet werden. Während am Arbeitsmarkt eine leichte Besserung abzusehen ist, hat sich die Inflation …
Persistent link: https://www.econbiz.de/10005056163
Persistent link: https://www.econbiz.de/10004130016
Persistent link: https://www.econbiz.de/10004568751