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The transition to market in Slovenia created labor displacements that were on par or greater than that experienced in North America in the 1980s. A simple theoretical model suggests that factors which raise the probability of layoff should also increase the probability of a quit, predictions...
Persistent link: https://www.econbiz.de/10014069832
Contrary to the conclusions of a recent paper by Chen and Hsu (Review of Development Economics, vol. 5, 2001, pp. 336-54), wage inequality and returns to college-educated workers have risen in Taiwan since 1980. Government policies, which have caused rapid expansion of the supply of new college...
Persistent link: https://www.econbiz.de/10014072210
Human capital raises rural incomes, but this effect is swamped by higher returns to human capital in urban markets. This leads to 'brain drain' from rural areas. Populations grow more rapidly in rural counties that have a diversified employment base. Farm population grows faster (or declines...
Persistent link: https://www.econbiz.de/10014113015
Biomedical studies suggest that a person's behavior matters to health, but these studies usually treat human choice as exogenous. This study shows that individual choices on nutrient intake, exercise, and use of medication are influenced by exogenous food prices, wages, and non-labor income....
Persistent link: https://www.econbiz.de/10014094843
This survey reviews the existing literature, identifying the contribution of agriculture, schooling, and nutrition to economic growth and development over time and across countries. Particular attention is paid to the roles of improvements in agricultural technology and of the human capital of...
Persistent link: https://www.econbiz.de/10014024081
In developing countries, rising incomes, increased demand for more skilled labor, and government investments of considerable resources on building and equipping schools and paying teachers have contributed to global convergence in enrollment rates and completed years of schooling. Nevertheless,...
Persistent link: https://www.econbiz.de/10014024665
The Slovenian transition created labor displacements that were bigger than those experienced in North America in the 1980s. In Slovenia, probability of both layoffs and quits fell with worker tenure, firm profitability and expected severance costs. Individuals facing a higher probability of...
Persistent link: https://www.econbiz.de/10014065940
If housing prices adjust across jurisdictions to equalize utility from housing services across locations, and if higher marginal tax rates constrain budgets, then housing prices will decrease in high tax jurisdictions relative to low tax jurisdictions. Similarly, housing prices will rise to...
Persistent link: https://www.econbiz.de/10014346967
Training funds are used to incentivize training in developing countries, but the funds are based on payroll taxes that lower the return to training. In the absence of training funds, larger, high-wage and more capital intensive firms are the most likely to offer training unless they are...
Persistent link: https://www.econbiz.de/10013029622
The Slovenian transition represents a slow but steady liberalization of constraints on competition. Using a unique longitudinal data set on all manufacturing firms in Slovenia over the period 1994-2001, this study analyzes how firm efficiency changed in response to changing competitive...
Persistent link: https://www.econbiz.de/10005822655