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Cross Country Patterns Of Change In Relative Wages
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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:
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.
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:
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
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.
Book Synopsis The Structure of Wages by : Edward P. Lazear
Download or read book The Structure of Wages written by Edward P. Lazear and published by University of Chicago Press. This book was released on 2009-05-15 with total page 473 pages. Available in PDF, EPUB and Kindle. Book excerpt: The distribution of income, the rate of pay raises, and the mobility of employees is crucial to understanding labor economics. Although research abounds on the distribution of wages across individuals in the economy, wage differentials within firms remain a mystery to economists. The first effort to examine linked employer-employee data across countries, The Structure of Wages:An International Comparison analyzes labor trends and their institutional background in the United States and eight European countries. A distinguished team of contributors reveal how a rising wage variance rewards star employees at a higher rate than ever before, how talent becomes concentrated in a few firms over time, and how outside market conditions affect wages in the twenty-first century. From a comparative perspective that examines wage and income differences within and between countries such as Denmark, Italy, and the Netherlands, this volume will be required reading for economists and those working in industrial organization.
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.
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.
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.
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.
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.
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.
Book Synopsis Trade and Income Distribution by : William R. Cline
Download or read book Trade and Income Distribution written by William R. Cline and published by Peterson Institute. This book was released on 1997 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Cline also finds that trade liberalization has tended to raise skilled wages rather than reduce unskilled wages. Moreover, its impact has probably been no larger than falling transport and communication costs. Most importantly for policy, model simulations for the future show more limited trade impact than in the past and little unequalizing impact of further trade liberalization. Book jacket."--Jacket.
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.
Book Synopsis Institutional Frameworks and Labor Market Performance by : Friedrich Buttler
Download or read book Institutional Frameworks and Labor Market Performance written by Friedrich Buttler and published by Routledge. This book was released on 2005-08-17 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt: Institutional Frameworks and Labor Market Performance produces an in-depth analysis of the functioning of various labor market institutions in both the USA and Germany. Particular emphasis is given to the substantial differences between the US and Germany in the ways important areas are regulated. The authors show that the impact of institutions on economic performance is ambivalent. They argue that in this sense, the decision is not one between regulation and deregulation but rather one between different degrees and forms of regulation.
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.
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 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: The consequences of globalization for the world's poor are uncertain and fierce rhetoric is dividing its supporters and detractors. The channels of effect of essentially macroeconomic shocks on the microeconomic position of individuals and households in poor countries are many and various. This book addresses three core issues: 1) what are the main channels of effect? 2) what are the lessons to be learned from policy measures to alleviate negative poverty consequences? and 3) do the proposed analytical approaches assist in providing a monitoring capability? This volume assesses the more easily quantifiable effects resulting from price and quantity responses in the goods and labour markets. It includes studies of Colombia, Ghana, India, Nepal, Bangladesh and Vietnam. It uses key analytical approaches, most of which are based on numerical simulation methods employing models with different levels of complexity. These models capture the features of an economy, how it functions, and how it might respond to globalization shocks. The most important collective contribution of the authors is their establishment of directions and magnitudes of effect, based on empirical evidence.