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Using a national sample of Urban Household Surveys, we document several profound changes in China's wage structure … the major forces behind the evolving wage structure in China. …
Persistent link: https://www.econbiz.de/10010282141
Using a national sample of Urban Household Surveys, we document several profound changes in China's wage structure … the major forces behind the evolving wage structure in China. -- wage growth ; wage premium ; capital accumulation ; trade … expansion ; technological change ; China …
Persistent link: https://www.econbiz.de/10009536495
Using a national sample of Urban Household Surveys, we document several profound changes in China's wage structure … the major forces behind the evolving wage structure in China …
Persistent link: https://www.econbiz.de/10013107207
This paper examines the influence of gender inequality in the determination of effective demand in the US, the UK, Canada and Australia.Focusing on consumption as a pathway to growth, the simple Keynesian construction of consumption behaviour is extended by introducing differences in the...
Persistent link: https://www.econbiz.de/10012850190
In this paper, we address the question of optimal wage and income dispersion in a growing economy. If already in the two-persons-case we have to deal with the fact of different marginal products of labor, there are two solutions in principle. Either two different wages are paid (at unanimous...
Persistent link: https://www.econbiz.de/10001473937
In this paper, we address the question of optimal wage and income dispersion in a growing economy. If already in the two-persons-case we have to deal with the fact of different marginal products of labor, there are two solutions in principle. Either two different wages are paid (at unanimous...
Persistent link: https://www.econbiz.de/10010508245
This paper empirically tests the hypothesis that landed elites may block technological change and economic development if they fear that they will lose future political power (Acemoglu and Robinson (2002, 2006, and 2012). It exploits a plausible exogenous change in the distribution of political...
Persistent link: https://www.econbiz.de/10011917048
We analyze investment decisions when information is costly, with and without delegation to an agent. We use a rational-inattention model and compare it with a canonical signal-extraction model. We identify three "investment conditions". In "sour" conditions, no information is acquired and no...
Persistent link: https://www.econbiz.de/10011667675
Capital accumulation can modify the relative productivity between skilled and unskilled workers, thus leading to changes in the wage structure. In particular, if capital goods are relatively more complementary to skilled workers in the production function (skill-biased technologies), a positive...
Persistent link: https://www.econbiz.de/10011941060
Capital accumulation can modify the relative productivity between skilled and unskilled workers, thus leading to changes in the wage structure. In particular, if capital goods are relatively more complementary to skilled workers in the production function (skill-biased technologies), a positive...
Persistent link: https://www.econbiz.de/10005022024