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Greece’s labour market entered the COVID-19 shock following several years of sustained employment growth and with wages picking up. Unemployment remained high and employment rates were low, especially among women, the young and older workers. The shock led to a sharp fall in labour force...
Persistent link: https://www.econbiz.de/10012304424
Persistent link: https://www.econbiz.de/10011311433
confirm earlier findings of a negative relationship between openness and city size for the period from 1970 to 1990, but are …
Persistent link: https://www.econbiz.de/10010295591
What determines the structure of labour market institutions? This paper argues that common explanations based on rent sharing are incomplete; unions, job protection, and egalitarian pay structures may have as much to do with social insurance of otherwise uninsurable risks as with rent sharing and...
Persistent link: https://www.econbiz.de/10010321727
in the inequality and growth literature. These include growth, openness, wages, and liberalisation. We review the …
Persistent link: https://www.econbiz.de/10010262079
This paper investigates the impact of openness to trade and higher levels of human capital on the economies of some … MENA countries. To answer the question: whether either human capital or openness can be shown to cause productivity, we use … show a significant impact of openness on productivity growth. We find also an effect, significant at the ten per cent level …
Persistent link: https://www.econbiz.de/10010262187
Defensive innovations in developed countries can explain the empirical phenomenon that openness towards trade with less …
Persistent link: https://www.econbiz.de/10010262794
Does trade openness cause higher GDP per capita? Since the seminal instrumental variables (IV) estimates of Frankel and … level to construct an instrument for multilateral openness that varies across countries and time. The instrument can be used …' performances as well as for the direct effect of disasters. We find that the elasticity of income with respect to openness is about …
Persistent link: https://www.econbiz.de/10010277354
This paper examines the impact of demographic factors on saving, investment, and external balances. We derive a number of semi-structural equations from national accounting principle and the principle that external balances for the world as a whole must sum to zero. The resulting equations...
Persistent link: https://www.econbiz.de/10010277752
The paper uses nonparametric methodology to examine the role of institutions in understanding differential levels of development across countries. This technique estimates first order derivatives for every country allowing a deeper look into the impact of institutions on development. The...
Persistent link: https://www.econbiz.de/10010316802