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Recent empirical evidence suggests that skill-biased technological change that shifts labor demand towards non-routine jobs has accelerated during the Great Recession. We analyze the interaction between the gradual process of transition towards a skill intensive technology and business cycles in...
Persistent link: https://www.econbiz.de/10012943102
Making use of an international survey that directly assess the cognitive skills of the adult population, I document systematic differences in the effect of skills on job mobility across the 37 countries in the sample. While economic growth is associated with relatively higher job mobility among...
Persistent link: https://www.econbiz.de/10012847420
The Global Repository of Income Dynamics (GRID) is a new open-access, cross- country database that contains a wide range of micro statistics on income inequality, dynamics, and mobility. It has four key characteristics: it is built on micro panel data drawn from administrative records; it fully...
Persistent link: https://www.econbiz.de/10013388880
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Inequality in metropolitan areas is part of a paradoxical triangle of competing motives overresources allocation. Chief among inequality/equity rivals is the penchant for urban economicdevelopment, but in recent decades, ecological sustainability has also become increasinglyimportant in this...
Persistent link: https://www.econbiz.de/10013238271
This paper reconsiders fiscal policy effectiveness in light of the recent economic crisis. It examines the fiscal policy approach advocated by the economics profession today and the specific policy actions undertaken by the Bush and Obama administrations. An examination of the labor market...
Persistent link: https://www.econbiz.de/10008906599
This paper traces the development of Bertil Ohlin's views on issues such as the causes of the depression of the 1930's, policies against the depression, the use of fiscal and monetary policies, and tariffs and public works to stabilize the business cycle. We examine about 80 of his articles on...
Persistent link: https://www.econbiz.de/10009502221
This paper reconsiders fiscal policy effectiveness in light of the recent economic crisis. It examines the fiscal policy approach advocated by the economics profession today and the specific policy actions undertaken by the Bush and Obama administrations. An examination of the labor market...
Persistent link: https://www.econbiz.de/10013130221