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This brief survey contains a review of several new empirical papers that attempt to measure the extent of monopsony in labor markets. As noted originally by Joan Robinson, monopsonistic exploitation represents the gap between the value of a worker's marginal product and the worker's wage, and it...
Persistent link: https://www.econbiz.de/10010273868
Persistent link: https://www.econbiz.de/10010273879
This paper empirically analyzes the impact of aid on education for about 100 countries over the period 1970 - 2005. We estimate a system of equations to test whether and to what extent the impact of sector-specific aid on educational attainment depends on (i) the extent to which aid adds to...
Persistent link: https://www.econbiz.de/10010273989
Western countries differ greatly in the extent to which single mothers participate in the labor market. Using LIS data for 15 countries, I propose and estimate a simple structural model of labor supply that incorporates the main variables that influence the work decision for single mothers. The...
Persistent link: https://www.econbiz.de/10010273993
This paper examines the effect of public assistance, labor market and marriage market conditions on the prevalence of single mother families across countries and over time. A multinomial logit derived from a random utility approach is estimated using individual-level data for 14 countries. I...
Persistent link: https://www.econbiz.de/10010274011
around the world. It shows much diversity in information disclosure, even for central banks with the same monetary policy …
Persistent link: https://www.econbiz.de/10010274033
Using an improved definition and indicator of growth accelerations, we examine whether political regimes, regime changes, and economic reform are related to growth accelerations. Our results show that economic growth accelerations are preceded by economic reforms. Furthermore, we find that...
Persistent link: https://www.econbiz.de/10010274037
This paper introduces new data on the term in office of central bank governors in 137 countries for 1970-2004. Our panel models show that the probability that a central bank governor is replaced in a particular year is positively related to the share of the term in office elapsed, political and...
Persistent link: https://www.econbiz.de/10010274039
communication practices and is the first to systematically analyze transparency trends throughout the world and across monetary …
Persistent link: https://www.econbiz.de/10010274045
Measured rates of growth in real per capita income differ drastically depending on the data source. This phenomenon occurs largely because data sets differ in whether and how they adjust for changes in relative prices across countries. Replication of several recent studies of growth determinants...
Persistent link: https://www.econbiz.de/10010274158