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This research extends simple two-sector models in order to inquire the impact of the extent of coverage or enforcement of minimum wage legislation in one of the sectors on the equilibrium outcome. Two versions of institutional wage avoidance are presented. They may be seen as representing...
Persistent link: https://www.econbiz.de/10011524841
This research extends simple two-sector models in order to inquire the impact of the extent of coverage or enforcement of minimum wage legislation in one of the sectors on the equilibrium outcome. Two versions of institutional wage avoidance are presented. They may be seen as representing...
Persistent link: https://www.econbiz.de/10011524877
The paper shows that a transition from a planned to a market economy implies an important change of the structure of …. The time till the economy in transition reaches an "old" market economy (asymptotically or totally) is estimated by … different methods. Finally other problems, mostly non-economic ones, which are connected with the transition process are …
Persistent link: https://www.econbiz.de/10011538853
country. In many transition economies TFP is seen to have been negative the last decade of the plan economy and starts … increasing and become positive after a (quite a) few years of transition. Many authors conclude that this is a gain in efficiency …
Persistent link: https://www.econbiz.de/10011346474
The relationships among geographical mobility, unemployment and the value of owner-occupied housing are studied in an …
Persistent link: https://www.econbiz.de/10010290316
residential mobility? iv) Is there a link between homeownership and wealth inequality? Between inequality in housing wealth and in … promote inclusiveness and social mobility, to enhance efficiency in the allocation of labour and capital and to strengthen …
Persistent link: https://www.econbiz.de/10012202943
Homeownership is believed to cause higher unemployment. This is because homeowners face higher mobility costs that … households. This facilitates a new test of the effects of homeownership on mobility and unemployment. We find only weak evidence …
Persistent link: https://www.econbiz.de/10011775653
always a substitute for native mobility across sectors. -- immigration ; political economy ; welfare ; sectoral mobility …
Persistent link: https://www.econbiz.de/10009741042
This study investigates why the strong form of the spatial equilibrium is weakly supported in the literature. Using a discrete choice model, it shows that the strong form of the spatial equilibrium is rarely observed because workers are imperfectly mobile from the perspective of researchers....
Persistent link: https://www.econbiz.de/10012826016
Is the brain drain a curse or a boon for developing countries? This paper reviews what is known to date about the magnitude of the brain drain from developing to developed countries, its determinants and the way it affects the well-being of those left behind. First, I present alternative...
Persistent link: https://www.econbiz.de/10012779028