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Persistent link: https://www.econbiz.de/10011696650
We examine the sources and micro-level mechanisms of the changes in the labor share of value added. We link the micro-level dynamics of the labor share change with that of productivity and wage growth. Using a useful variant of the decomposition method we make a distinction between the change in...
Persistent link: https://www.econbiz.de/10010273032
In this paper we analyse the labor market and its relationship with globalization in two groups of countries similar in … structures. On the one hand we look at Argentina, Brazil and Chile, on the other hand we analyse South Korea, Taiwan and Thailand …. It is argued that the Latin American group adopted pro-globalization policies too quickly and without an adequate social …
Persistent link: https://www.econbiz.de/10010331394
Understanding adjustment processes has become central in economics. Empirical analysis is fraught with the problem that the target is usually unobserved. This paper develops, simulates and applies GMM methods for estimating dynamic adjustment models in a panel data context with partially...
Persistent link: https://www.econbiz.de/10010295881
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Closing the prosperity gap between regions has always been a key political aspiration of the European Union - and cohesion policy is the primary means to achieve that goal. Europe is currently undergoing a digital and green transition that is drastically changing the way its economy works. How...
Persistent link: https://www.econbiz.de/10014334691
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Academic literature on foreign exchange market intervention in emerging market countries has grown in recent years. Until now, existing studies have ignored the possible feature of time varying motives and impact effects for/of interventions as well as the relationship to underlying economic and...
Persistent link: https://www.econbiz.de/10010300836
At the time of Argentina's greenhouse gases emissions reduction voluntary commitment, most of the articles on intensity … targets had not been published. The aim of this paper is to (re)discuss briefly the proposal made by Argentina taking into …
Persistent link: https://www.econbiz.de/10010323089