This paper summarizes the proceedings of "Labor Market Developments in the United States and Canada since 2000," a December 2004 conference cosponsored by the Federal Reserve Bank of New York, the Canadian Consulate General in New York, the Centre for the Study of Living Standards, and the New...

The paper analyses the development of trafficking in human beings (THB) as an economic crime and as a severe violation of human rights by focusing on the different actors' involved in counter-trafficking efforts. The paper outlines how the crime evolved in Austria, Germany and the United States...

In the late eighteenth and early nineteenth century, Scotland had a stable financial system. Its stability arose from the pressure that private banks, which had the right to issue bank notes, placed on each other to behave prudently. Unlike in England, the Scottish banking system had no central...

We explore the exercise of power in perpetuating status quo institutions. We give empirical examples of the economic importance of power and offer a definition of this elusive term. We then investigate the role of power in a modern capitalist economy, borrowing ideas from the classical...

When measuring income inequality over long periods of time, accounting for population and productivity growth is important. This paper presents three alternative measures of top income shares that more explicitly account for population and income growth than the standard measure. We apply these...

Jürgen Habermas has recently warned that the sovereign debt crisis in Europe is transforming democratic governments into ‘economic government' threatening not only economic disaster but the end of the world's first supranational project — the European Union. And, according to Habermas,...

Federal labor law requires employers to give employees a rigid bundle of benefits, including the right to unionize, unemployment insurance, worker's compensation insurance, health insurance, family medical leave, and more. These benefits are not free – benefits cost about one third of wages...

The sex gap in life expectancy (LE) at birth is currently narrowing in all high-income countries. Previous research on Western European and English-speaking (WE&ES) countries suggested that smoking-related mortality at ages 50+ was largely responsible for both widening and subsequent narrowing...

This contribution offers a comparison between the economic crises of the late-1920s and the first energy crisis of the 1970s through an inquiry into the changing balance between the transnational supply of capital and domestic aggregate demand for fixed capital formation and consumer goods. Its...

On 5-6 September 2012 SUERF held its 30th Colloquium "States, Banks, and the Financing of the Economy" at the University of Zürich, Switzerland. The papers included in this SUERF Study are based on contributions to the Colloquium. All the chapters in this publication discuss from different...