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The issue of trade and wages in general, and of North-South trade and wages in particular, has recently received a great deal of attention by economists and public policy analysts. This paper offers some empirical evidence of the effects of North-South trade on occupational wages in North...
Persistent link: https://www.econbiz.de/10014070092
Easterlin's relative income hypothesis projects for smaller cohorts increasing wages, increasing fertility and decreasing female labor supply. This paper reviews the literature on the substitutability of female for male labor, on relative income changes as a result of changes in cohort size and...
Persistent link: https://www.econbiz.de/10005662066
Several controversial recent studies seek to explain Britain's high interwar unemployment rate as a consequence of the generosity of her unemployment insurance system. All of these studies are based on macroeconomic time-series data. In contrast, this paper employs a microeconomic cross-section,...
Persistent link: https://www.econbiz.de/10005662253
The purpose of this paper is to shed some light on why so many smaller-scale firms which have traditionally been classified as sub-optimal scale firms can exist. We suggest that by pursuing a strategy of compensating factor differentials, that is by remunerating and deploying factors of...
Persistent link: https://www.econbiz.de/10005662285
In this paper simulation methods are employed on a two-country, rational expectations continuous-time model to explore the consequences of asymmetrical wage-price processes. As an additional feature the effects are explored of reductions in the degree of financial integration between the two...
Persistent link: https://www.econbiz.de/10005662381
In this paper, we construct a game form based on the constitutions of conciliation boards in the British coal industry and show how the induced game can be used to explain certain features of the wage negotiations for which the conciliation boards were responsible. In particular, we test various...
Persistent link: https://www.econbiz.de/10005666512