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Wage risk and the skill premium
Slavík, Ctirad; Yazici, Hakki - 2020
The skill premium has increased significantly in the United States in the last five decades. During the same period, individual wage risk has also increased. This paper proposes a mechanism through which a rise in wage risk increases the skill premium. Intuitively, a rise in uninsured wage risk...
Persistent link: https://www.econbiz.de/10012263817
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Wage Risk, Employment Risk and the Rise in Wage Inequality
Mecikovsky, Ariel - 2017
We estimate the changes in US male labor market risk over the last three decades in a model of endogenous labor supply and job mobility. Across education groups permanent shocks to productivity have become more dispersed. Moreover, heterogeneity in pay across offered jobs has increased for...
Persistent link: https://www.econbiz.de/10012966057
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The macroeconomic impact of global and country-specific climate risk
Byrne, Joseph P.; Vitenu-Sackey, Prince Asare - In: Environmental and resource economics 87 (2024) 3, pp. 655-682
Persistent link: https://www.econbiz.de/10014500378
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Global impacts of US monetary policy uncertainty shocks
Lastauskas, Povilas; Nguyen, Anh D. M. - 2021
We build a new empirical model to estimate the global impact of an increase in the volatility of US monetary policy … shocks. Specifically, we admit time-varying variances of local structural shocks from a stochastic volatility specification …. By allowing for rich dynamic interaction between the endogenous variables and time-varying volatility in the global …
Persistent link: https://www.econbiz.de/10012418859
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Global impacts of US monetary policy uncertainty shocks
Lastauskas, Povilas; Nguyen, Anh D. M. - 2020
Persistent link: https://www.econbiz.de/10012416845
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Global impacts of US monetary policy uncertainty shocks
Lastauskas, Povilas; Nguyen, Anh D. M. - In: Journal of international economics 145 (2023), pp. 1-23
Persistent link: https://www.econbiz.de/10014480276
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International integration, risk and the welfare state
Andersen, Torben M. - 1999
How does international integration affect the welfare state? Does it call for a leaner welfare state to reap the benefits of integraiton or is it necessary to expand the welfare state to offset some negative consequences of international integration? This paper addresses these issues in a fully...
Persistent link: https://www.econbiz.de/10011537320
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Globalization and the environment : risk assessment and the WTO
Kellow, Aynsley John (contributor);  … - 2001
One of the unforeseen consequences of the WTO agreements has been controversy over risk. This volume explores aspects of risk with special reference to the WTO, where national instruments to reduce risk may conflict with international trade rules. The book is divided into sections dealing with:...
Persistent link: https://www.econbiz.de/10011851983
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Globalisation and insecurity
McClaren, John (contributor); Newman, Andrew F. (contributor) - 2002 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001753187
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International integration, risk and the welfare state
Andersen, Torben M. - 2002
Persistent link: https://www.econbiz.de/10001667592