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more than unemployment rates by skill levels and overall; German and US relative pay by level of skill was similar in 1970 …
Persistent link: https://www.econbiz.de/10008596518
This paper seeks to explain the greater hours worked by Americans compared to Germans in terms of forward-looking labor supply responses to differences in earnings inequality between the countries. We argue that workers choose current hours of work to gain promotions and advance in the...
Persistent link: https://www.econbiz.de/10005580480
China's advance to the forefront of scientific research is one of the 21st century's most surprising developments, with implications for a world where knowledge is arguably "the one ring that rules them all." This paper provides new estimates of China's contribution to global science that far...
Persistent link: https://www.econbiz.de/10014108857
Greater job creation in the US than in Germany has often been related to greater wage dispersion coupled with less regulated labour and product markets in the US. Based on the Comparative German American Structural Database and the International Adult Literacy Survey we find that employment of...
Persistent link: https://www.econbiz.de/10005830524
This paper presents an Agent-Based Model (ABM) that seeks to explain the concordance of sluggish growth of productivity and of real wages found in macro-economic statistics, and the increased dispersion of firm productivity and worker earnings found in micro level statistics in advanced...
Persistent link: https://www.econbiz.de/10012389318
This paper presents an Agent-Based Model (ABM) that seeks to explain the concordance of sluggish growth of productivity and of real wages found in macro-economic statistics, and the increased dispersion of firm productivity and worker earnings found in micro level statistics in advanced...
Persistent link: https://www.econbiz.de/10012159982
This paper documents the large cross-country differences in labor institutions that make them a candidate explanatory … these institutions on economic outcomes. It identifies three ways in which institutions affect economic performance: by … evidence shows that labor institutions reduce the dispersion of earnings and income inequality, which alters incentives, but …
Persistent link: https://www.econbiz.de/10010744832
[...]This paper examines the operation of the U.S. labor marketin the 2001 recovery. Because the United States is in the middleof the recovery, ours is a real-time analysis; thus, someconclusions could change if the recovery stalls or employmentgrows suddenly. For instance, since August 2003,...
Persistent link: https://www.econbiz.de/10005869718
Persistent link: https://www.econbiz.de/10000753542
Persistent link: https://www.econbiz.de/10001333723