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Privatization, entry regulation and the decline of labor's share of GDP: a cross-country analysis of the network industries
Azmat, Ghazala; Manning, Alan; Van Reenen, John - London School of Economics (LSE) - 2007
labor share, employment and wages respond to privatization and other regulatory changes. We exploit cross-country panel data …
Persistent link: https://www.econbiz.de/10010746486
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Distribution and Growth in an Economy with Limited Needs
Saint-Paul, Gilles - Institute for the Study of Labor (IZA) - 2001
knowledge sector is bounded, as productivity increases, the economy moves from a "Solovian zone" where wages increase with … bliss point can only be made better-off by an increase in diversity. If wages are set by monopoly unions rather than set … employment in the material goods sector. International trade may reduce wages in poor countries and increase them in rich …
Persistent link: https://www.econbiz.de/10005762377
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Distribution & Growth in an Economy with Limited Needs
Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 2001
knowledge sector is bounded, as productivity increases, the economy moves from a ‘Solovian zone’ where wages increase with … their bliss point can only be made better off by an increase in diversity. If wages are set by monopoly unions rather than … always reduces employment in the material goods sector. International trade may reduce wages in poor countries and increase …
Persistent link: https://www.econbiz.de/10005124380
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Privatization, Entry Regulation and the Decline of Labour's Share of GDP: A Cross-Country Analysis of the Network Industries
Azmat, Ghazala; Manning, Alan; Van Reenen, John - C.E.P.R. Discussion Papers - 2007
labour share, employment and wages respond to privatization and other regulatory changes. We exploit cross-country panel data …
Persistent link: https://www.econbiz.de/10005114490
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Employment and Distributional Effects of Restricting Working Time.
Marimon, R.; Zilibotti, F. - Department of Economics, European University Institute - 1999
The authors study the employment and distributional effects of regulating (reducing) working time in a general equilibrium model with search-matching frictions.
Persistent link: https://www.econbiz.de/10005744334
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Human Capital Accumulation of Salaried and Self-Employed Workers.
Kawaguchi, D. - Institute of Social and Economic Research (ISER), Osaka … - 2001
Both human capital accumulation and Lazear contracts can explain the rais- ing wage of salary/wage worker through job experience or tenure. To distin- guish between these two effects, Lazear and Moore (1984) used self-employed workers' wage growth to partial out the effect of human capital...
Persistent link: https://www.econbiz.de/10005670050
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Household Search and the Aggregate Labor Market
Mankart, Jochen; Oikonomou, Rigas - School of Economics and Political Science, Universität … - 2012
Sharing risks is one of the essential economic roles of families. The importance of this role increases in the amount of uncertainty that households face in the labor market and in the degree of incompleteness of financial markets. We develop a theory of joint household search in frictional...
Persistent link: https://www.econbiz.de/10010598866
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Robots: Curse or Blessing? A Basic Framework
Sachs, Jeffrey D.; Benzell, Seth G.; LaGarda, Guillermo - National Bureau of Economic Research (NBER) - 2015
reach. On the other hand, they eliminate jobs, shift investments away from machines that complement labor, lower wages, and …
Persistent link: https://www.econbiz.de/10011252658
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Has Globalization Eroded Labor’s Share? Some Cross-Country Evidence
Harrison, Ann - Volkswirtschaftliche Fakultät, … - 2005
In recent years, economists and other social scientists have devoted extensive research efforts to understanding the widening wage gap between high-skill and low-skill workers. This paper focuses on a slightly different question: how has globalization affected the relative share of income going...
Persistent link: https://www.econbiz.de/10011257852
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The Price of Experience
Jeong, Hyeok; Manovskii, Iourii; Kim, Yong - National Bureau of Economic Research (NBER) - 2014
We identify a key role of factor supply, driven by demographic changes, in shaping several empirical regularities that are a focus of active research in macro and labor economics. In particular, demographic changes alone can account for the large movements of the return to experience over the...
Persistent link: https://www.econbiz.de/10011196338