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The following development proposes to focus on an underestimated aspect of the Russian restructuring process, namely the evolution of single industry areas throughout transition. We argue that the highly concentrated structure of the post-soviet labour market influences the transformation trend...
Persistent link: https://www.econbiz.de/10004992655
This is the first study to use an achievement test score to analyze whether the income gap between second-generation immigrants and natives is caused by a skill gap rather than ethnic discrimination. Since, in principle, every male Swedish citizen takes the test when turning 18, we are able to...
Persistent link: https://www.econbiz.de/10004992917
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Persistent link: https://www.econbiz.de/10004992953
Persistent link: https://www.econbiz.de/10004992954
traced to the stagnation of wages at the low end of the earnings distribution. …
Persistent link: https://www.econbiz.de/10004993857
-37. In this time period, real wages were countercyclical, and productivity and fiscal policy was procyclical. We use the … neoclassical growth model to investigate how much these factors contribute to the depression. We find that real wages, which were …
Persistent link: https://www.econbiz.de/10004993888
Recently, Galí and others have found that technological progress may be contractionary: a favorable technology shock reduces hours worked in the short run. We ask whether this observation is robust in disaggregate data. According to our VAR analysis of 458 four-digit U.S. manufacturing...
Persistent link: https://www.econbiz.de/10004993903
A central proposition in the Phillips curve view of the inflation process is that prices are marked up over productivity-adjusted labor costs. If that is true, then long-run movements in prices and labor costs must be correlated. If long-run movements in a time series are modeled as a stochastic...
Persistent link: https://www.econbiz.de/10004993909
Using panel data from the National Longitudinal Survey of Youth (NLSY), we document that gender differences in wages … labor supply and wages over the life cycle. In our model, fertility lowers the lifetime intensity of market activity … fertility accounts for most of the gender differences in labor supply and wages during the life cycle documented in the NLSY …
Persistent link: https://www.econbiz.de/10004993982