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Short And Long Run Decompositions Of Oecd Wage Inequality Changes
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Book Synopsis Short and Long Run Decompositions of OECD Wage Inequality Changes by : T. Huw Edwards
Download or read book Short and Long Run Decompositions of OECD Wage Inequality Changes written by T. Huw Edwards and published by . This book was released on 2002 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper focuses on the causes of increased wage inequality in OECD countries in recent years and its decomposition into the component factors of trade surges in low wage products and technological change that has preoccupied the trade and wages literature. It argues that the length of production run and degree of fixity of factors is crucial in such analyses. In particular, if the observed wage inequality response to price and technology shocks reflects a short-run response in which factors and output have not adjustedfully across industries, then decomposition analysis of the causes of the observed increases in inequality is substantially altered relative to a long-run factors mobile world. This conclusion applies both when one type of labour has mobility costs and in the Ricardo-Viner case where there is an additional, sectorally immobile factor. Furthermore, only small departures from the fully mobile model can greatly change decompositions. This finding is important because most data used in earlier work are interpreted as reflective of a long-run full mobility response, when this may not be the case. Incorrect conclusions as to how trade surges and technology contribute to wage inequality can be easily drawn, if the data are in fact generated by a short-run adjustment process.
Book Synopsis Handbook of Econometrics by : Zvi Griliches
Download or read book Handbook of Econometrics written by Zvi Griliches and published by Elsevier. This book was released on 1983 with total page 1013 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Handbook is a definitive reference source and teaching aid for econometricians. It examines models, estimation theory, data analysis and field applications in econometrics.
Book Synopsis Handbook of Econometrics by : James Joseph Heckman
Download or read book Handbook of Econometrics written by James Joseph Heckman and published by Elsevier. This book was released on 2007 with total page 1013 pages. Available in PDF, EPUB and Kindle. Book excerpt: As conceived by the founders of the Econometric Society, econometrics is a field that uses economic theory and statistical methods to address empirical problems in economics. It is a tool for empirical discovery and policy analysis. The chapters in this volume embody this vision and either implement it directly or provide the tools for doing so. This vision is not shared by those who view econometrics as a branch of statistics rather than as a distinct field of knowledge that designs methods of inference from data based on models of human choice ...
Book Synopsis Handbook of Econometrics by : James J. Heckman
Download or read book Handbook of Econometrics written by James J. Heckman and published by Elsevier. This book was released on 2007-12-13 with total page 1013 pages. Available in PDF, EPUB and Kindle. Book excerpt: As conceived by the founders of the Econometric Society, econometrics is a field that uses economic theory and statistical methods to address empirical problems in economics. It is a tool for empirical discovery and policy analysis. The chapters in this volume embody this vision and either implement it directly or provide the tools for doing so. This vision is not shared by those who view econometrics as a branch of statistics rather than as a distinct field of knowledge that designs methods of inference from data based on models of human choice behavior and social interactions. All of the essays in this volume and its companion volume 6B offer guidance to the practitioner on how to apply the methods they discuss to interpret economic data. The authors of the chapters are all leading scholars in the fields they survey and extend.*Part of the renowned Handbooks in Economics Series*Updates and expands the exisiting Handbook of Econometrics volumes*An invaluable reference written by some of the world's leading econometricians.
Download or read book Monthly Labor Review written by and published by . This book was released on 2003-08 with total page 490 pages. Available in PDF, EPUB and Kindle. Book excerpt: Publishes in-depth articles on labor subjects, current labor statistics, information about current labor contracts, and book reviews
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.
Download or read book Top Incomes written by A. B. Atkinson and published by Oxford University Press. This book was released on 2010-04 with total page 799 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume brings together an exciting range of new studies of top incomes in a wide range of countries from around the world. The studies use data from income tax records to cast light on the dramatic changes that have taken place at the top of the income distribution. The results cover 22 countries and have a long time span, going back to 1875.
Book Synopsis Social Theory at Work by : Marek Korczynski
Download or read book Social Theory at Work written by Marek Korczynski and published by OUP Oxford. This book was released on 2006-02-23 with total page 518 pages. Available in PDF, EPUB and Kindle. Book excerpt: Work is fundamental to human society and modern organizations, and consequently has been central to the thinking of major social theorists and social science disciplines. This book offers a 'one-stop-shop' guide to classical and contemporary perspectvies of work written by leading international experts. Schools covered include: Weberian, Marxian, Durkheimian, feminist, neo-classical economics, institutional economics, ethics, Foucauldian, postmodernist, organizational sociology and economic sociology. Each chapter traces the origins of the theoretical school, reviews seminal contributions,and considers major criticisms of the approach. In addition, the book features a section on key aspects of work - professions, technology, identity and globalisation - to which these theories have been applied. The book makes a major contribution in a number of ways: · Provides systematic coverage of major social and economic theories and the way they aid our understanding of work; · Includes a section of chapters that consider, in an applied way, how social theories have helped the analysis of key substantive areas of work; · Includes contributions from leading academics from both Europe and the USA; · Each chapter can be read as free-standing summary of a particular school of theoretical approach; · In addition, the introductory and concluding chapters examine themes cross-cutting the other chapters in the book. It is an essential text for academics and advanced students concerned with the sociology of work, management, and organization studies.
Book Synopsis Globalisation and the Labour Market by : Robert Anderton
Download or read book Globalisation and the Labour Market written by Robert Anderton and published by Routledge. This book was released on 2004-03 with total page 193 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a detailed investigation into the decline in wages and employment of less skilled workers as a key factor underlying the social exclusion in Europe and North America.
Book Synopsis Causes and Consequences of Income Inequality by : Ms.Era Dabla-Norris
Download or read book Causes and Consequences of Income Inequality written by Ms.Era Dabla-Norris and published by International Monetary Fund. This book was released on 2015-06-15 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the extent of income inequality from a global perspective, its drivers, and what to do about it. The drivers of inequality vary widely amongst countries, with some common drivers being the skill premium associated with technical change and globalization, weakening protection for labor, and lack of financial inclusion in developing countries. We find that increasing the income share of the poor and the middle class actually increases growth while a rising income share of the top 20 percent results in lower growth—that is, when the rich get richer, benefits do not trickle down. This suggests that policies need to be country specific but should focus on raising the income share of the poor, and ensuring there is no hollowing out of the middle class. To tackle inequality, financial inclusion is imperative in emerging and developing countries while in advanced economies, policies should focus on raising human capital and skills and making tax systems more progressive.
Book Synopsis NBER Reporter by : National Bureau of Economic Research
Download or read book NBER Reporter written by National Bureau of Economic Research and published by . This book was released on 2002 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Working Paper Series written by and published by . This book was released on 2002 with total page 550 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Inequality and Growth by : Theo S. Eicher
Download or read book Inequality and Growth written by Theo S. Eicher and published by MIT Press. This book was released on 2003 with total page 343 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essays exploring the relationship between economic growth and inequality and the implications for policy makers.
Book Synopsis Still Fettered After All These Years by : Barry J. Eichengreen
Download or read book Still Fettered After All These Years written by Barry J. Eichengreen and published by . This book was released on 2002 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: The last decade has seen an outpouring of scholarship on the economics of the Great Depression. If there is anything approaching a consensus, it is a synthetic view which admits a role both for monetary policy mistakes and for the international monetary and financial system in transmitting those destabilizing impulses to the rest of the world. It explains the speed and extent of the subsequent decline in terms of both banking crises and the collapse of the gold standard, which conspired in placing deflationary pressure to different degrees on different countries. And, it explains the eventual recovery in terms of the abandonment of the gold standard, which facilitated the pursuit of stabilizing monetary policies, but also in terms of the restoration of stability to banking and financial systems, something that occurred at different times in different countries. One way of understanding the veneer of disputation on this consensus is that different elements dominated in different countries. For the United States, there is no denying the role of monetary policy mistakes in the onset of the Depression, whereas for other countries international monetary instability played the most important part.
Book Synopsis Innocent Bystanders? Monetary Policy and Inequality in the U.S. by : Mr.Olivier Coibion
Download or read book Innocent Bystanders? Monetary Policy and Inequality in the U.S. written by Mr.Olivier Coibion and published by International Monetary Fund. This book was released on 2012-08-01 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt: We study the effects and historical contribution of monetary policy shocks to consumption and income inequality in the United States since 1980. Contractionary monetary policy actions systematically increase inequality in labor earnings, total income, consumption and total expenditures. Furthermore, monetary shocks can account for a significant component of the historical cyclical variation in income and consumption inequality. Using detailed micro-level data on income and consumption, we document the different channels via which monetary policy shocks affect inequality, as well as how these channels depend on the nature of the change in monetary policy.
Book Synopsis Real Exchange Rate Targeting and Macroeconomic Instability by : Martín Uribe
Download or read book Real Exchange Rate Targeting and Macroeconomic Instability written by Martín Uribe and published by . This book was released on 2002 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using an optimizing model of a small open economy, this paper studies the macroeconomic effects of PPP rules whereby the government increases the devaluation rate when the real exchange rate defined as the price of tradables in terms of nontradables is below its long-run level and reduces the devaluation rate when the real exchange rate is above its long-run level. The paper shows that the mere existence of such a rule can generate aggregate fluctuations due to self-fulfilling revisions in expectations. The result is shown to obtain in both flexible- and sticky-price environments.
Book Synopsis Do We Really Know that the WTO Increases Trade? by : Andrew Rose
Download or read book Do We Really Know that the WTO Increases Trade? written by Andrew Rose and published by . This book was released on 2002 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper estimates the effect on international trade of multilateral trade agreements: the World Trade Organization (WTO), its predecessor the Generalized Agreement on Tariffs and Trade (GATT), and the Generalized System of Preferences (GSP) extended from rich countries to developing countries. I use a standard gravity' model of bilateral merchandise trade and a large panel data set covering over fifty years and 175 countries. An extensive search reveals little evidence that countries joining or belonging to the GATT/WTO have different trade patterns than outsiders. The GSP does seem to have a strong effect, and is associated with an approximate doubling of trade.
