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Skill-biased technical change has occupied empirical economists for much of the 90s. However, the empirical literature has not progressed much beyond observing a positive correlation between technology indicators and demand shifts. Two hypotheses on the root causes of skill biases in technical...
Persistent link: https://www.econbiz.de/10010261506
Bei Vorliegen nach unten starrer Nominallöhne erschwert niedrige Inflation Reallohnanpassungen und führt so möglicherweise zu erhöhter gleichgewichtiger Arbeitslosigkeit. Dieser Aufsatz analysiert die wachsende Evidenz zu nach unten starren Nominallöhnen. Es werden nicht nur die...
Persistent link: https://www.econbiz.de/10010261537
The migration of skilled individuals from developing countries has typically been considered to be costly for the sending country, due to lost investments in education, high fiscal costs and labour market distortions. Economic theory, however, raises the possibility of a beneficial brain drain...
Persistent link: https://www.econbiz.de/10010261546
This paper evaluates the impact of economic and legal variables on wage differentials between men and women. Since Becker (1957) economists have argued that competitive markets eliminate discrimination in the long run. On the other hand, practically all countries have enacted some sort of law...
Persistent link: https://www.econbiz.de/10010261556
This paper is composed of two parts. First, using international data, I corroborate that union density in the U.S. declined because of asymmetric growth between the union and nonunion sectors. I show union density to increase in countries experiencing strong manufacturing growth, and to decline...
Persistent link: https://www.econbiz.de/10010261610
gap. Over time, raw wage differentials world-wide have fallen substantially; however, most of this decrease is due to an …
Persistent link: https://www.econbiz.de/10010261617
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