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This article sheds light on the extent of managerial pay in the OECD. It uses a novel database on managerial wages and other types of compensation to compare managerial remuneration across different sectors, especially, the financial sector, and across countries. We find evidence of a...
Persistent link: https://www.econbiz.de/10009528909
We investigate country heterogeneity in cross-country growth regressions. In contrast to the previous literature that focuses on low-income countries, this study also highlights growth determinants in high-income (OECD) countries. We introduce Iterative Bayesian Model Averaging (IBMA) to address...
Persistent link: https://www.econbiz.de/10012777687
The aim of this paper is to analyse the evolution of manufacturing in 11 OECD countries: 9 European Countries, the United States and Japan, during the period 1975-92, from two economi approaches: supply and demand. With this purpose we estimate, with a pool of data, two econometric models for...
Persistent link: https://www.econbiz.de/10012770809
This paper examines shifts in labour productivity growth in the United States and in Europe between 1970 and 2007 based on econometric tests of structural breaks. Additionally, it makes use of time-series-based projected labour productivity growth up to 2009 in order to detect any recent break...
Persistent link: https://www.econbiz.de/10012444122
This paper examines the robustness of explanatory variables in cross-country economic growth regressions. It employs a novel approach, Bayesian Averaging of Classical Estimates (BACE), which constructs estimates as a weighted average of OLS estimates for every possible combination of included...
Persistent link: https://www.econbiz.de/10012445342
Wife beating, spousal abuse, domestic violence, or whatever else you want to call it, has been around for centuries, probably since the beginning of human existence. There are several reasons why this kind of behavior exists, but the present paper will not get into those reasons. For more on...
Persistent link: https://www.econbiz.de/10014121034
The key feature of endogenous growth models is that they imply that permanent changes in government policy can have permanent effects on growth rates. In this paper we develop and implement an empirical framework to test this implication. In a regression of growth rates on current and lagged...
Persistent link: https://www.econbiz.de/10014093917
This study aims to improve our understanding of overqualification by incorporating distinctions in employment status (i.e., self-employed workers, private employees and public employees) in the analysis of the effects, dynamics and routes out of overqualification. To this end, we apply discrete...
Persistent link: https://www.econbiz.de/10013045912
Over the 2000s, many federal states in Germany shortened the duration of secondary school by one year while keeping the curriculum unchanged. Exploiting quasi-experimental variation due to the staggered introduction of this reform allows me to identify the causal effect of increased learning...
Persistent link: https://www.econbiz.de/10011840590
The study methodologically employs, in a novel perspective, the panel threshold analysis, considering the time frame 2006-2020, to capture the relationship between new business density rate, as a proxy for entrepreneurship, and individuals' digital inclusion, as a proxy for digitalisation in EU...
Persistent link: https://www.econbiz.de/10014540666