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This paper investigates the effect of co-worker characteristics on wages, measured by the average person effect of coworkers in a wage regression. The effect of interest is identified from within-firm changes in workforce composition, controlling for personeffects, firm effects, and...
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This work aims to test the persistence of Italian unemployment rate during last fifty years. To this scope we find evidences of a unit root, also when we allow for the presence of structural shifts so that the level of unemployment has a path dependant behaviour. Secondly, we test a possible...
Persistent link: https://www.econbiz.de/10005406793
This paper studies individual and plant-wide adjustment in days worked. Matched firm-worker data for North-East Italy show signicant variation in mean days worked per month within plants: a one-standard deviation change amounts to about four days of worker per month. The paper then looks within...
Persistent link: https://www.econbiz.de/10011081823
This paper extends the standard growth regression model by adding an assumption that a country follows the global technology frontier either fully or partially. This additional assumption changes significantly the growth regression model and its results in three main ways. First, it shows that...
Persistent link: https://www.econbiz.de/10011083897
We adopt a counterfactual approach to decompose labor productivity growth into growth of Technological Productivity (TEP), growth of the capital-labor ratio and growth of Total Factor Productivity (TFP). We bring the decomposition to the data using international countrysectoral information...
Persistent link: https://www.econbiz.de/10011114930
This paper shows that different labor market policies can lead to differences in technology across sectors in a model of labor saving technologies. Labor market regulations reduce the skill premium and as a result, if technologies are labor saving, countries with more stringent labor regulation,...
Persistent link: https://www.econbiz.de/10011119793
Economists and environmental policymakers have recently begun advocating a bottom-up approach to climate change mitigation, focusing on reduction targets for groups of nations, rather than large scale global policies. We advance this discussion by taking a quantitative perspective, focusing on...
Persistent link: https://www.econbiz.de/10010823161
We study the effects of immigration on native welfare in a general equilibrium model featuring two skill types, search frictions, wage bargaining, and a redistributive welfare state. Our quantitative analysis suggests that, in all 20 countries studied, immigration attenuates the effects of...
Persistent link: https://www.econbiz.de/10010774298