Cross-country Patterns of Change in Relative Wage

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (141 download)

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Book Synopsis Cross-country Patterns of Change in Relative Wage by : Steven J. Davis

Download or read book Cross-country Patterns of Change in Relative Wage written by Steven J. Davis and published by . This book was released on 1992 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Cross-country Patterns of Change in Relative Wages

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Publisher :
ISBN 13 :
Total Pages : 31 pages
Book Rating : 4.:/5 (221 download)

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Book Synopsis Cross-country Patterns of Change in Relative Wages by : Steven J. Davis

Download or read book Cross-country Patterns of Change in Relative Wages written by Steven J. Davis and published by . This book was released on 1992 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates movements in relative wages and wage inequality across thirteen of the world's major economies. Focusing on wages received by full-time male workers, the investigation uncovers several empirical regularities: (1) Most advanced industrialized economies show increases, often large. in wage inequality during the 19805; none show declining wage inequality. In contrast. three of four middle income countries considered here show sharply declining wage inequality during the 1980s. (2) Since the early to late 19705, the advanced economies show large and persistent increases in the wages of prime age men relative to the wages of less experienced men. (3) Following a period of sharply declining education differentials in the 1970s, the advanced economies show rising or flat education differentials after 1980. Education differentials fell moderately to sharply in the middle income countries during the 1980s. (4) Wage inequality among observationally similar workers rose sharply during the 1980s in most advanced economies. (5) After 1915, the structure of relative industry wages in the manufacturing sector became increasingly dissimilar across the advanced economies. However. controlling for common time effects, increases in international trade as a fraction of GOP are associated with a partial convergence of relative industry wage structures across countries. The paper discusses several alternative interpretations of wage structure developments in the United States and other countries in the light of these empirical regularities.

Cross-country patterns of change in relative wages

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ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (129 download)

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Book Synopsis Cross-country patterns of change in relative wages by : Jean Benielli

Download or read book Cross-country patterns of change in relative wages written by Jean Benielli and published by . This book was released on 1992 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Differences and Changes in Wage Structures

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Publisher : University of Chicago Press
ISBN 13 : 0226261840
Total Pages : 474 pages
Book Rating : 4.2/5 (262 download)

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Book Synopsis Differences and Changes in Wage Structures by : Richard B. Freeman

Download or read book Differences and Changes in Wage Structures written by Richard B. Freeman and published by University of Chicago Press. This book was released on 2007-12-01 with total page 474 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the past two decades, wages of skilled workers in the United States rose while those of unskilled workers fell; less-educated young men in particular have suffered unprecedented losses in real earnings. These twelve original essays explore whether this trend is unique to the United States or is part of a general growth in inequality in advanced countries. Focusing on labor market institutions and the supply and demand forces that affect wages, the papers compare patterns of earnings inequality and pay differentials in the United States, Australia, Korea, Japan, Western Europe, and the changing economies of Eastern Europe. Cross-country studies examine issues such as managerial compensation, gender differences in earnings, and the relationship of pay to regional unemployment. From this rich store of data, the contributors attribute changes in relative wages and unemployment among countries both to differences in labor market institutions and training and education systems, and to long-term shifts in supply and demand for skilled workers. These shifts are driven in part by skill-biased technological change and the growing internationalization of advanced industrial economies.

NBER Macroeconomics Annual 1992

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Publisher : MIT Press
ISBN 13 : 9780262521741
Total Pages : 312 pages
Book Rating : 4.5/5 (217 download)

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Book Synopsis NBER Macroeconomics Annual 1992 by : Olivier Blanchard

Download or read book NBER Macroeconomics Annual 1992 written by Olivier Blanchard and published by MIT Press. This book was released on 1992 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the seventh in a series of annuals from the National Bureau of Economic Research that are designed to stimulate research on problems in applied economics, to bring frontier theoretical developments to a wider audience, and to accelerate the interaction between analytical and empirical research in macroeconomics. Contents What Shall We Do Today? Goals and Signposts in the Operation of Monetary Policy, Ben S. Bernanke and Frederic S. Mishkin - A Tale of Two Cities: Factor Accumulation and Technical Change in Hong Kong and Singapore, Alwyn Young - International Trade and the Wage Structure, Steven J. Davis - Imperfect Information and Macroeconomic Analysis, Joseph E. Stiglitz and Bruce Greenwald - Asset Pricing Lessons for Macroeconomics, Lars P. Hansen and John H. Cochrane - Postmortem on the Debt Crisis, Daniel Cohen

Wage Differentials: An International Comparison

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Publisher : Springer
ISBN 13 : 1349262811
Total Pages : 385 pages
Book Rating : 4.3/5 (492 download)

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Book Synopsis Wage Differentials: An International Comparison by : Toshiaki Tachibanaki

Download or read book Wage Differentials: An International Comparison written by Toshiaki Tachibanaki and published by Springer. This book was released on 2016-07-27 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: Wages are a vital economic variable in their influence on employment and unemployment and as the main source of personal income, affecting both living standards and labour incentives. Wage determination is studied here in an international perspective, using a common theoretical framework and statistical method through the individual country chapters to reveal similarities and differences between Japan, South Korea, the United States, Canada, Australia, the United Kingdom, Germany and France.

The Changing Distribution of Earnings in OECD Countries

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Publisher : Oxford University Press on Demand
ISBN 13 : 0199532435
Total Pages : 505 pages
Book Rating : 4.1/5 (995 download)

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Book Synopsis The Changing Distribution of Earnings in OECD Countries by : A B Atkinson

Download or read book The Changing Distribution of Earnings in OECD Countries written by A B Atkinson and published by Oxford University Press on Demand. This book was released on 2008-05 with total page 505 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examining what people are paid and how pay differences have changed over time, this title presents new theories that challenge thinking on the impact of education, technology, globalization and the rigidity of labour markets.

Mismatch Explanations of European Unemployment

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Publisher : Springer Science & Business Media
ISBN 13 : 3642589197
Total Pages : 214 pages
Book Rating : 4.6/5 (425 download)

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Book Synopsis Mismatch Explanations of European Unemployment by : Horst Entorf

Download or read book Mismatch Explanations of European Unemployment written by Horst Entorf and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: The peristence of European unemployment stands in striking contrast to the cyclical pattern of unemployment in the US. Many people attribute the rise in European unemployment to increased imbalances between the pattern of labour demand and supply - in other words, to greater mismatch, but existing mismatch indicators do not support this view. However, the obvious inference is not legitimate because the evidence is based on trended data, and thus gives rise to spurious statistical results. To get around the problem, the author uses the dynamic flow approach to structural unemployment and disaggregated data. The reader will find new results on "non-spurious" mismatch tendencies, occupational reallocation, the matching of apprentices, and the importance of matching and mobility for wage differentials.

Does Education Really Help?

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Publisher : Oxford University Press
ISBN 13 : 0195189965
Total Pages : 321 pages
Book Rating : 4.1/5 (951 download)

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Book Synopsis Does Education Really Help? by : Edward N. Wolff

Download or read book Does Education Really Help? written by Edward N. Wolff and published by Oxford University Press. This book was released on 2006-04-25 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book challenges the conventional wisdom that greater schooling and skill improvement leads to higher wages, that income inequality falls with wider access to schooling, and that the Information Technology revolution will re-ignite worker pay. Indeed, the econometric results provide no evidence that the growth of skills or educational attainment has any statistically significant relation to earnings growth or that greater equality in schooling has led to a decline in income inequality. Results also indicate that computer investment is negatively related to earnings gains and positively associated with changes in both income inequality and the dispersion of worker skills. The findings reports here have direct relevance to ongoing policy debates on educational reform in the U.S.

Transformation of the Employment Structure in the EU and USA, 1995-2007

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Publisher : Springer
ISBN 13 : 0230369812
Total Pages : 317 pages
Book Rating : 4.2/5 (33 download)

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Book Synopsis Transformation of the Employment Structure in the EU and USA, 1995-2007 by : E. Fernandez-Macias

Download or read book Transformation of the Employment Structure in the EU and USA, 1995-2007 written by E. Fernandez-Macias and published by Springer. This book was released on 2012-05-15 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection describes the changing structure of employment during the period of robust employment expansion that preceded the credit crunch and features contributions from a team of leading labour market researchers from Europe and the United States.

Knowledge Economy, Information Technologies and Growth

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Publisher : Routledge
ISBN 13 : 1351154559
Total Pages : 548 pages
Book Rating : 4.3/5 (511 download)

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Book Synopsis Knowledge Economy, Information Technologies and Growth by : Luigi Paganetto

Download or read book Knowledge Economy, Information Technologies and Growth written by Luigi Paganetto and published by Routledge. This book was released on 2017-11-30 with total page 548 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume focuses on the Information and Communication (ICT) revolution and its impact on economic growth. Even though the emergence of the knowledge economy is at the center of attention by media and is often a subject of economic policy debate, economic research on the issue is still relatively underdeveloped and many aspects of it are still awaiting proper theoretical and empirical scrutiny. One important question is whether, as many economists and opinion leaders maintain the knowledge economy and the new information technologies have fostered the birth of a 'new economy' which by inducing a strong productivity growth in most sectors, is behind the impressive growth of GDP experienced by the US economy. Empirical research has in fact been unable to provide a conclusive answer to this question. This book debates this issue and provides the opportunity to discuss the economic and social effects of the ICT revolution. It also focuses on the functioning and the micro-economic structure of the ICT sector, as well as on its impact on various industries, on the financial system and on the labor market. It analyses the role of the ICT revolution on regional development and it addresses important policy issues such as its consequences for antitrust legislation and government regulation.

Globalisation and Poverty

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Publisher : Routledge
ISBN 13 : 1134289359
Total Pages : 257 pages
Book Rating : 4.1/5 (342 download)

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Book Synopsis Globalisation and Poverty by : Maurizio Bussolo

Download or read book Globalisation and Poverty written by Maurizio Bussolo and published by Routledge. This book was released on 2006-03-29 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduction / Maurizio Bussolo and Jeffery Round -- The impact of structural reforms on poverty : a simple methodology with extensions / Neil McCulloch -- Trade liberalisation and poverty dynamics in Vietnam / Yoko Niimi, Puja Vasudeva-Dutta, and L. Alan Winters -- Globalisation and poverty : implications of South Asian experience for the wider debate / Jeffery Round and John Whalley -- Globalisation in developing countries : the role of transaction costs in explaining economic performance in India / Maurizio Bussolo and John Whalley -- Globalisation-poverty interactions in Bangladesh / Mustafa Mujeri and Bazlul Khondker -- Poverty and policy in a globalising economy : the case of Ghana / Maurizio Bussolo and Jeffery Round -- Trade liberalisation and poverty in Nepal : computable general equilibrium micro simulation analysis / John Cockburn -- Globalisation and poverty changes in Colombia / Maurizio Bussolo and Jann Lay.

Paul A. Samuelson

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Publisher : Taylor & Francis
ISBN 13 : 9780415310635
Total Pages : 464 pages
Book Rating : 4.3/5 (16 download)

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Book Synopsis Paul A. Samuelson by : John Cunningham Wood

Download or read book Paul A. Samuelson written by John Cunningham Wood and published by Taylor & Francis. This book was released on 2005 with total page 464 pages. Available in PDF, EPUB and Kindle. Book excerpt: Samuelson is a key figure in economic thinking. This gathers the essential assessments of this important economist, and provides an unparalleled insight into his lasting impact on economics.

The Economics of Inequality

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Publisher : Harvard University Press
ISBN 13 : 0674504801
Total Pages : 153 pages
Book Rating : 4.6/5 (745 download)

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Book Synopsis The Economics of Inequality by : Thomas Piketty

Download or read book The Economics of Inequality written by Thomas Piketty and published by Harvard University Press. This book was released on 2015-08-03 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt: Succinct, accessible, and authoritative, Thomas Piketty’s The Economics of Inequality is the ideal place to start for those who want to understand the fundamental issues at the heart of one the most pressing concerns in contemporary economics and politics. This work now appears in English for the first time.

Single World, Divided Nations?

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Publisher : Brookings Institution Press
ISBN 13 : 0815720106
Total Pages : 159 pages
Book Rating : 4.8/5 (157 download)

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Book Synopsis Single World, Divided Nations? by : Robert Z. Lawrence

Download or read book Single World, Divided Nations? written by Robert Z. Lawrence and published by Brookings Institution Press. This book was released on 2010-12-01 with total page 159 pages. Available in PDF, EPUB and Kindle. Book excerpt: The world economy has undergone miraculous changes in the last decade, particularly in developing and former communist countries. Privatization and trade liberalization have replaced the protectionist and statist policies that were deeply entrenched in these areas just ten years ago. Today, these dynamic emerging markets offer attractive opportunities. According to Robert Lawrence, liberal international trade and investment should provide significant opportunities for gains in developing and developed nations alike. But will the developed countries be allowed to keep their markets open and absorb exports from developing countries? Many in the U.S. and Europe blame international trade for unemployment and wage inequality. But what is the real relationship? Lawrence contends that while trade has played some role in reducing the wages of poorly educated workers in the U.S. and in raising the unemployment of unskilled workers in Europe, its impact has been small compared with other causes of these changes. Lawrence examines the role of trade in developed and developing countries and its impact on labor markets and wage inequality, and discusses what he considers the more important effects of technological and organizational change. He begins by focusing on U.S. wage behavior, then moves to wage behavior in the OECD countries. Lawrence concludes that the impact of globalization on OECD labor markets has been far less damaging than many have argued and, indeed, that international trade enhances national welfare. He presents considerable evidence that the sources of poor labor market performance are essentially domestic—they reflect ongoing technological and organizational shocks that would be present even if the economy was closed. This evidence suggests that international differences in wage rates and labor standards are not major factors in OECD labor market behavior. He explains that the major challenges to policy are educating the public on t

North-South Trade, Employment, and Inequality

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Publisher : Oxford University Press
ISBN 13 : 0198290152
Total Pages : 530 pages
Book Rating : 4.1/5 (982 download)

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Book Synopsis North-South Trade, Employment, and Inequality by : Adrian Wood

Download or read book North-South Trade, Employment, and Inequality written by Adrian Wood and published by Oxford University Press. This book was released on 1994 with total page 530 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this important and topical book, Adrian Wood demonstrates that recent changes in North-South trade have had a far larger impact on labor markets than earlier studies imply, altering the relative demand for skilled and unskilled workers in the two regions. Developing his argument by incorporating three fields of economics--international, labor, and development--he suggests policies that could reduce the resulting social dislocation in the North, without jeopardizing world trade or economic progress in the South. Wood argues that there are grounds for qualified eptimism despite this problem. Greater trade should mean greater prosperity for developing countries, and less global inequality, while for developed countries it should mean workers are available to produce sophisticated exports, which the South cannot produce. Northern governments must take action to avoid the situation of rising unemployment and protectionism in the North, and exploitation of labor in the South. Wood argues that this can be done not through protectionism, but through investment in education and training to raise the supply of skilled labor.

Let Their People Come

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Publisher : Brookings Institution Press
ISBN 13 : 1944691065
Total Pages : 116 pages
Book Rating : 4.9/5 (446 download)

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Book Synopsis Let Their People Come by : Lant Pritchett

Download or read book Let Their People Come written by Lant Pritchett and published by Brookings Institution Press. This book was released on 2006-09-15 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Let Their People Come, Lant Pritchett discusses five "irresistible forces" of global labor migration, and the "immovable ideas" that form a political backlash against it. Increasing wage gaps, different demographic futures, "everything but labor" globalization, and the continued employment growth in low skilled, labor intensive industries all contribute to the forces compelling labor to migrate across national borders. Pritchett analyzes the fifth irresistible force of "ghosts and zombies," or the rapid and massive shifts in desired populations of countries, and says that this aspect has been neglected in the discussion of global labor mobility. Let Their People Come provides six policy recommendations for unskilled immigration policy that seek to reconcile the irresistible force of migration with the immovable ideas in rich countries that keep this force in check. In clear, accessible prose, this volume explores ways to regulate migration flows so that they are a benefit to both the global North and global South.