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We estimate how trade openness affects the relationship between wages, labour productivity and foreign wages using sector-level time series for several EU member states. In some countries wages became less responsive to foreign wages as trade costs declined. We show this counter-intuitive result...
Persistent link: https://www.econbiz.de/10014215086
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We estimate how trade openness affects the relationship between wages, labour productivity and foreign wages using sector-level time series for several EU member states. In some countries wages became less responsive to foreign wages as trade costs declined. We show this counter-intuitive result...
Persistent link: https://www.econbiz.de/10013324883
We analyze human aging, understood as health deficit accumulation, for a panel of European individuals. For that … purpose, we use four waves of the Survey of Health, Aging and Retirement in Europe (SHARE dataset) and construct a health ….5 percent more health deficits from one birthday to the next. In non-linear regression (akin to the Gompertz-Makeham model …
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The recent global recession has had differing effects on wages across Europe. This paper presents wage patterns for EU countries since the impact of the financial crisis, and compares them to previous trends. Wages in the countries hardest hit by the recession have underperformed when compared...
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