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Before and After the Black Death: Money, Prices, and Wages in Fourteenth-Century England
Munro, John H. A. - University of Toronto, Department of Economics - 2005
monetary forces in producing deflation in the second and final quarters of the fourteenth century, but severe inflation in … fourteenth century was principally due to a deflation in which consumer prices fell much more than did nominal wages. In the … final quarter of the century, the even stronger rise in real wages was principally due to another deflation in which …
Persistent link: https://www.econbiz.de/10005827233
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Wages, employment and economic shocks: Evidence from Indonesia
Thomas, Duncan; Smith, James P.; Beegle, Kathleen; … - In: Journal of Population Economics 15 (2002) 1, pp. 161-193
After over a quarter century of sustained economic growth, Indonesia was struck by a large and unanticipated crisis at the end of the 20th Century. Real GDP declined by about 12% in 1998. Using 13 years of annual labor force data in conjunction with two waves of a household panel, the Indonesia...
Persistent link: https://www.econbiz.de/10005622383
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To Shape the Future: How Labor Market Entry Conditions Affect Individuals’s Long-Run Wage Profiles
Brunner, Beartice; Kuhn, Andreas - Austrian Center for Labor Economics and the Analysis of … - 2009
We study the long-run effects of initial labor market conditions on wages for a large sample of male individuals entering the Austrian labor market between 1978 and 2000. We find a robust negative effect of unfavorable entry conditions on starting wages. This initial effect turns out to be quite...
Persistent link: https://www.econbiz.de/10008458566
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To shape the future: How labor market entry conditions affect individuals' long-run wage profiles
Brunner, Beatrice; Kuhn, Andreas - Institut für Volkswirtschaftslehre, … - 2009
We study the long-run effects of initial labor market conditions on wages for a large sample of male individuals entering the Austrian labor market between 1978 and 2000. We find a robust negative effect of unfavorable entry conditions on starting wages. This initial effect turns out to be quite...
Persistent link: https://www.econbiz.de/10008509391
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To Shape the Future: How Labor Market Entry Conditions Affect Individuals' Long-Run Wage Profiles
Brunner, Beatrice; Kuhn, Andreas - Institute for the Study of Labor (IZA) - 2009
We study the long-run effects of initial labor market conditions on wages for a large sample of male individuals entering the Austrian labor market between 1978 and 2000. We find a robust negative effect of unfavorable entry conditions on starting wages. This initial effect turns out to be quite...
Persistent link: https://www.econbiz.de/10008514862
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Fewer Jobs or Smaller Paychecks? Labor Market Impacts of the Recent Crisis in Middle-Income Countries
Khanna, Gaurav; Newhouse, David; Paci, Pierella - In: World Bank - Economic Premise (2010) 11, pp. 1-4
This note presents early evidence on the labor market impacts of the recent economic crisis in 41 middle-income countries.A broader geographic coverage is prevented by the lack of high-frequency labor market data in other middle-income countries and in the low-income countries. Whereas the...
Persistent link: https://www.econbiz.de/10008837665
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Real Wages and the 'Malthusian Problem' in Antwerp and South-Eastern England, 1400 - 1700: A regional comparison of levels and trends in real wages
Munro, John H. - University of Toronto, Department of Economics - 2006
In a path-breaking but largely overlooked study, published in a festchrift thirty years ago (1975), Herman Van der Wee provided a comparison of prices and real wages of building craftsmen in the regions of Antwerp and south-eastern England, from 1400 to 1700. To do so, he constructed a composite...
Persistent link: https://www.econbiz.de/10005704755
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Qualitative Mismatches
Sattinger, Michael - In: Foundations and Trends(R) in Microeconomics 8 (2012) 1–2, pp. 1-168
Qualitative mismatches arise when the qualifications or skills of workers, individually or in the aggregate, are different from the qualifications or skills required or specified for their jobs. This review provides an introduction to the subject as well as a survey for social scientists...
Persistent link: https://www.econbiz.de/10010693729
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Reforming the Labour Market in Spain
Wölfl, Anita; Mora-Sanguinetti, Juan S. - Economics Department, Organisation de Coopération et … - 2011
After steady employment growth since the 1990s, Spain has experienced the sharpest increase in unemployment among OECD countries during the crisis, amplified by structural problems of the labour market. Very high de facto severance payment of permanent contracts has resulted in a rigid dual...
Persistent link: https://www.econbiz.de/10008854032
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The usury doctrine and urban public finances in late-medieval Flanders (1220 - 1550): rentes (annuities), excise taxes, and income transfers from the poor to the rich
Munro, John H. - Volkswirtschaftliche Fakultät, … - 2007
The objectives of this study are three-fold. The first is to rebut Charles Kindleberger’s famous dictum that usury ‘belongs less to economic history than to the history of ideas’; and in particular to demonstrate that the resuscitation of the anti-usury campaign from the early 13th century...
Persistent link: https://www.econbiz.de/10005617005