Showing 1 - 8 of 8
The paper uses the Lewis model as a framework for examining the labour market progress of two labour-abundant countries, China and South Africa, towards labour shortage and generally rising labour real incomes. In the acuteness of their rural-urban divides, forms of migrant labour, rapid...
Persistent link: https://www.econbiz.de/10010604971
Luego de alcanzar un pico histórico en 1986, el salario mínimo sufrió una caída estrepitosa, junto con el nivel medio de las remuneraciones, hasta inicios de los noventas. Sin embargo, desde mediados de los noventas se ha incrementado considerablemente, acercándose al nivel promedio de las...
Persistent link: https://www.econbiz.de/10004995057
This paper presents a wage series for unskilled English women workers from 1260 to 1850 and compares it with existing evidence for men. Our series cast light on long run trends in women’s agency and wellbeing, revealing an intractable, indeed widening gap between women and men’s remuneration...
Persistent link: https://www.econbiz.de/10011083583
We show that if agents are risk neutral, prizes outperform wages when there is sufficient pride and envy relative to …
Persistent link: https://www.econbiz.de/10005762713
We show that if agents are risk neutral, prizes outperform wages if and only if there is sufficient pride and envy …
Persistent link: https://www.econbiz.de/10009024418
We show that if agents are risk neutral, prizes outperform wages if and only if there is sufficient pride and envy …
Persistent link: https://www.econbiz.de/10009371331
In August 2007 the United Kingdom experienced its first bank run in over 140 years. Although Northern Rock was not a particularly large bank (it was at the time ranked 7th in terms of assets) it was nevertheless a significant retail bank and a substantial mortgage lender. In fact, ten years...
Persistent link: https://www.econbiz.de/10004982519
This paper explains why, despite the anti-Keynesian convictions of officials and academics, Hong Kong abandoned its initial commitment to the concepts of virtuous markets and moral hazard and resisted importing the prevailing Anglo-American regulatory ¡¥culture¡¦. It reviews foreign attacks...
Persistent link: https://www.econbiz.de/10008621749