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much less, in (continental) Europe over the same time period. I review the two most popular explanations for these … differential trends: that relative supply of skills increased faster in Europe, and that European labor market institutions … relative demand for skills increased differentially across countries. Motivated by this reasoning, I develop a simple theory …
Persistent link: https://www.econbiz.de/10014119494
We identify a key role of factor supply, driven by demographic changes, in shaping several empirical regularities that are a focus of active research in macro and labor economics. In particular, the large movements of the return to experience over the last four decades are almost perfectly...
Persistent link: https://www.econbiz.de/10009683488
increasingly globalized economies"? I propose a new theory to address this question through the lens of firm organization and labor …
Persistent link: https://www.econbiz.de/10012972121
Persistent link: https://www.econbiz.de/10001782669
During the past two centuries, major technological breakthroughs such as the steam engine and electricity have acted as the catalysts for growth and have resulted in a marked increase in material well-being. The dominant technology today - information and communication technology (ICT) - does...
Persistent link: https://www.econbiz.de/10014474134
and mechanics compared with leaders who were principally managers or engineers with degrees. There is a notable …
Persistent link: https://www.econbiz.de/10009568597
The payoff to schooling among the foreign born in the US is only around one-half of the payoff for the native born. This paper examines whether this differential is related to the quality of the schooling immigrants acquired abroad. The paper uses the Over-education/ Required...
Persistent link: https://www.econbiz.de/10008688727
Using data from the Swiss Labor Force Survey (1998-2006), we estimate the wage returns to job tenure, general experience, occupational experience, and industrial experience. General labor market experience appears to be the far most important determinant of lifecycle wage growth, occupational...
Persistent link: https://www.econbiz.de/10014198570
Are labor markets in higher-income countries more meritocratic, in the sense that worker-job matching is based on skills rather than idiosyncratic attributes unrelated to productivity? If so, why? And what are the aggregate consequences? Using internationally comparable data on worker skills and...
Persistent link: https://www.econbiz.de/10014520525
Using a mix of household- and employer-based survey data from 46 countries, we provide novel evidence that workers in larger establishments perform more non-routine analytical tasks, even within narrowly defined occupations. Moreover, workers in larger establishments rely more on the use of...
Persistent link: https://www.econbiz.de/10015069413