Using annual US data for gross domestic product originating by sector between 1947 and 1997 it is shown that a negative long-run relationship between inflation and the markup is present across the sectors as well as in the aggregate. A preliminary explanation based on indutry structure is...

In recent publications it has been argued that the change of the skill structure of industrial employment is caused by biased technical progress rather than by increasing international trade with low wage countries. However, in linking prices for final goods with prices of primary factors, most...

: J31, J52, R11, H77.

This paper estimates the productivity of government and private employment, and government and private capital for a panel of 23 OECD economies over the 1960-2004 period. A simple theoretical model shows that government employment and capital are optimally provided when their marginal products...

This paper provides estimates of wage returns to experience, firm, sector and occupation specific tenure for a sample of young Italian male workers. By comparing returns obtained using different estimators, I evaluate the importance of endogeneity and selection problems generated by specific...

The gender earnings differential in Russia 2000-02 is examined using a nationally representative household survey. Adjusted for hours worked, women’s monthly earnings are 62% of men’s, and women’s long-run effective wage is 69% of men’s. While women’s higher human capital endowments...