Showing 1 - 10 of 24
This paper investigates the relationship between bilateral FDI positions and cross-country business cycle correlations in the period 1982–2001. We find that countries that have comparatively intensive FDI relations also have more synchronized business cycles during 1995–2001. Before 1995, we...
Persistent link: https://www.econbiz.de/10009639461
average human capital stock in a region on individual wages, considering regional human capital as a local public good. Indeed … statistically significant coefficient in an augmented Mincer specification. However, the impact on individual wages completely …
Persistent link: https://www.econbiz.de/10009640175
effects of tenure and especially of experience on wages decreased over time. We adopt the Machado-Mata (2005) counterfactual … dispersion of wages. …
Persistent link: https://www.econbiz.de/10009640271
This paper analyses the relationship between openness to trade and wages at the industry level (15 manufacturing … importance of foreign wages versus domestic productivity developments in an open environment. We find that trade is not an … important driver of wages, since the wage response to trade is small. Moreover, in line with the Stolper-Samuelson reasoning …
Persistent link: https://www.econbiz.de/10009640296
Using the Albrecht et al. (2003) version of the Machado and Mata (2005) decomposition technique along the wage distribution, we find that immigrant workers do not affect changes in the Czech wage structure between 2002 and 2006 despite their substantial inflows. Instead, changes in the wage...
Persistent link: https://www.econbiz.de/10009640298
importance of wage bargaining above the firm level, the automatic system of index-linking wages to past inflation, the limited …
Persistent link: https://www.econbiz.de/10009640316
degree of decentralization within highly centralized countries allows firms to adjust wages downwards, when business …
Persistent link: https://www.econbiz.de/10009640327
. We relate wages and their various components with macroeconomic and institutional trends and find that technology and … globalisation are associated with wage increases; migration is associated with declines in wages; whereas the effect of labour …
Persistent link: https://www.econbiz.de/10009640341
This paper documents the existence and main patterns of inter-industry wage differentials across a large number of industries for 8 EU countries (Belgium, Germany, Greece, Hungary, Ireland, Italy, Netherlands, and Spain) at two points in time (in general 1995 and 2002) and explores possible...
Persistent link: https://www.econbiz.de/10009640359
This paper analyses information from survey data collected in the framework of the Eurosystem’s Wage Dynamics Network (WDN) on patterns of firm-level adjustment to shocks. We document that the relative intensity and the character of price vs. cost and wage vs. employment adjustments in...
Persistent link: https://www.econbiz.de/10009640395