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Using microdata from the 2002-2006 Colombian Continuous Household Survey, we find an elasticity of individual wages to local unemployment rates of - 0.07. However, the elasticity for informal workers is significantly higher, a result which is consistent with efficiency wage theoretical models...
Persistent link: https://www.econbiz.de/10008866896
R amos R., S urinach J. and A rtís M. Regional economic growth and human capital: the role of over-education, Regional Studies . This article analyses the link between human capital and regional economic growth in the European Union. Using various indicators of human capital calculated from...
Persistent link: https://www.econbiz.de/10010692858
The objective of this paper is to analyze convergence in institutional, social, and macroeconomic conditions between EU member states. Our analysis covers the period 1995-2013 and considers the potential impact of the Great Recession. With this aim, we use a composite indicator that combines...
Persistent link: https://www.econbiz.de/10011120279
R<sc>amos</sc> R., S<sc>urinach</sc> J. and A<sc>rtís</sc> M. Regional economic growth and human capital: the role of over-education, <italic>Regional Studies</italic>. This article analyses the link between human capital and regional economic growth in the European Union. Using various indicators of human capital calculated from census...
Persistent link: https://www.econbiz.de/10010976952
Persistent link: https://www.econbiz.de/10005296780
Available empirical evidence regarding the degree of symmetry between European economies in the context of Monetary Unification is not conclusive. This study offers new empirical evidence concerning this issue related to the manufacturing sector. Instead of using a static approach as most...
Persistent link: https://www.econbiz.de/10005505605
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A convergence analysis is applied to wages and productivity for Euro-area countries in the period from 1981 to 2001. The results show a reduction in the dispersion of wages and unit labour costs, but not in productivity. Different patterns are found for real and nominal wages: higher levels of...
Persistent link: https://www.econbiz.de/10005470941