Suppose a firm has a widespread reputation for sexually harassing its workers (or it follows the practice of telling workers that if they wish to work for the firm they must be prepared for sexual harassment). When a worker offers to work for such a firm and is accepted, there is, therefore, a...

In oligopolistic industries that are unionised and may be affected by offshoring, falling offshoring costs have a moderating effect on trade unions. They will accept lower sector wages in order to discourage mobile forms from leaving the country. Since such wages are independent of the workers'...

This lecture argues that mental health is a major factor of production. It is the biggest single influence on life satisfaction, with mental health eight years earlier a more powerful explanatory factor than current income. Mental health also affects earnings and educational success. But, most...

We use a unique firm-level panel data set of multinational parents and their foreign affiliates to analyze whether profits are shared across borders within multinational firms. Using both fixed-effects and generalized method-of-moments estimators, affiliate wage levels are estimated to respond...

In oligopolistic industries, increased cost saving opportunities via offshoring have a moderating effect on trade unions. In order to discourage mobile firms from leaving the country, unions accept lower sector wages. In effect, the negotiated wage becomes independent of workers' bargaining...

Remittances, after foreign direct investment, are currently the most important source of external finance to developing countries. Remittances surpass foreign aid, and tend to be more stable than such volatile capital flows as portfolio investment and international bank credit. Remittances are...

In seiner Rede beim 3. Munich Economic Summit am 18. Juni 2004 setzte sich Prof. David E. Wildasin, University of Kentucky, mit der Zukunft des Sozialstaates auseinander. Er analysiert die Auswirkung der wirtschaftlichen Integration, vor allen Dingen der Integration von Arbeits- und...

Das Anfangsgehalt von Absolventen eines Lehramtsstudienganges in Deutschland liegt im internationalen Vergleich an der Spitze. Allerdings landen sie im Laufe der Berufsjahre im Mittelfeld der Gehälter, die Lehrern gezahlt werden. Zu diesem Ergebnis kommt eine OECD-Studie, die Lehrergehälter an...

Daten zur Produktionsstruktur der Welt, die aus Input-Output-Tabellen entnommen werden, zeigen, dass der ausländische Wertschöpfungsanteil, der in deutschen Exporten steckt, zwischen 1995 und 2008 von 13,5 auf 20% gestiegen ist. Somit ist für Deutschland der langfristige Trend zur...

Recent evidence on functional income distribution suggests that the shares of capital and labour in national income vary considerably both over time and across countries. Specifically, there seems to be a general reduction in the labour share around the world, in particular from the mid-1980s...