A methodology is offered which can be used to construct an econometric model in the presence of structural change of an evolutionary type. The theoretical basis for such modelling is drawn from the self-organisation approach and operationalised in the context of the logistic diffusion growth...

The record price development in commodity markets during the economic boom period lasting from early 2000 to mid 2008 highlighted a perceived scarcity particularly in metal markets that contrasted the preceding period beginning in the late 1970s of largely abundant availability and falling real...

This thesis is comprised of three chapters. The first chapter develops a statistical model that enriches the role that firms playin wage determination, allowing firms to influence both average wages as well as the returns to observable worker characteristics. I exploit the hierarchical nature of...

This paper examines the changes in relative earnings of workers with different education levels during Vietnam’s transition. It is found that females enjoy a higher return to education than males do in 1998, reversing the situation observed five years ago. A large fall in the returns to...

We study changes in the wage structures in nine EU countries over 1995-2002 and the role of demand, supply and institutional developments in shaping these changes. Using comparable cross-country microeconomic data, we compute for each country and at each decile of the wage distribution, the part...

A pesar de una rápida disminución del desempleo, los salarios reales en España apenas aumentaron durante el periodo 1995-2006. Una posible explicación de este comportamiento se refiere a la importancia de los efectos composición derivados de algunos cambios estructurales, tales como el...

Economics

The dissertation consists of two main parts. The first part presents a search model with non-stationary reservation wages. In the model the reservation wage declines over time and at a certain point is equal to utility of non-participation, after which it is not optimal to search and workers...