Showing 1 - 10 of 453
Persistent link: https://www.econbiz.de/10000564620
Persistent link: https://www.econbiz.de/10001817710
Persistent link: https://www.econbiz.de/10001817718
Since the early 1980s, wage dispersion and the ratio of skilled to unskilled employment have increased significantly in several industrial countries. A number of economists have attributed these trends to skill-biased technical progress. This paper studies the wage and employment effects of...
Persistent link: https://www.econbiz.de/10012473447
This paper analyzes the degree of short-run, real wage flexibility in a two-sector economy under floating rates. This is done by deriving optimal wage indexation in a contracting framework. We find that the more closed the economy, the lower the degree of wage indexation. As a result, output...
Persistent link: https://www.econbiz.de/10012477994
This paper analyzes the degree of short-run, real wage flexibility in a two-sector economy under floating rates. This is done by deriving optimal wage indexation in a contracting framework. We find that the more closed the economy, the lower the degree of wage indexation. As a result, output...
Persistent link: https://www.econbiz.de/10013219727
Since the early 1980s, wage dispersion and the ratio of skilled to unskilled employment have increased significantly in several industrial countries. A number of economists have attributed these trends to skill-biased technical progress. This paper studies the wage and employment effects of...
Persistent link: https://www.econbiz.de/10013232154
Persistent link: https://www.econbiz.de/10011563005
rate stability and monetary autonomy) continues to be a valid macroeconomic framework. The financial globalization during … financial globalization has been the growing exposure of developing countries to costly capital flights and deleveraging crises … integration with large hoarding of international reserves, as means of self-insuring their growing exposure to financial-turbulences. …
Persistent link: https://www.econbiz.de/10008647622
stability and monetary autonomy) remains a valid macroeconomic framework. The financial globalization during 1990s-2000s reduced … globalization is the growing exposure of developing countries to capital flights, and deleveraging crises. The significant costs …
Persistent link: https://www.econbiz.de/10008908358