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This paper proposes a simple theory of a system of cities that decomposes the determinants of the city size distribution into three main components: efficiency, amenities, and frictions. Higher efficiency and better amenities lead to larger cities, but also to greater frictions through...
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Wage Dispersion and Efficiency. It is often assumed that markets generate efficient allocations, but these are not necessarily fair. The widening of wage differentials that is currently observed is interpreted in this manner: Skill-biased technological progress increases demand for skilled work...
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Discusses the reorganization of the shop-floor into team-based production units at two American mechanical engineering firms.
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Shows that since the late 1970s wage distribution is shifting downhill and becoming more skewed, with a proliferation of low-income employment.
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Ab dem 1.Januar 2015 soll in Deutschland ein flächendeckender Mindestlohn von 8,50 € gelten. Die Warnungen vor Arbeitsplatzverlusten werden meist mit Verweis auf internationale Erfahrungen als ungerechtfertigt zurückgewiesen. Beispielsweise wurde 1999 in Großbritannien der Mindestlohn neu...
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"This contribution focuses on the relation between wage inequality, participation behavior and employment and the analysis in the project 'Flexibility of the wage distribution, inequality and employment'. In this project we investigate whether the popular idea of an encrusted German labor market...
Persistent link: https://www.econbiz.de/10010732047
"The USA has shown one of the lowest unemployment rates among the western industrial nations during recent years … also expected in the future for highly qualified activities. The employment successes in the USA were won through …
Persistent link: https://www.econbiz.de/10010733100