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In the past two decades China leaped from bit player in global science and engineering (S&E) to become the world's largest source of S&E graduates and the second largest spender on R&D and second largest producer of scientific papers. As a latecomer to modern science and engineering, China...
Persistent link: https://www.econbiz.de/10013024520
The paper documents the large cross-country differences in labor institutions that make them a candidate explanatory factor for the divergent economic performance of countries and reviews what economists have learned about the effects of these institutions on economic outcomes. It identifies...
Persistent link: https://www.econbiz.de/10012759957
This paper assesses the claim the the US faces an impending labor shortage due to the impending retirement of baby boomers and slow growth of the US work force, and that the country should orient labor market and educational policies to alleviate this prospective shortage. I find that this...
Persistent link: https://www.econbiz.de/10012778307
This paper attempts to distinguish between two alternative views of the labor market problems faced by young workers in a number of industrialized countries in the 1970s and early 1980s. The first view is that the low relative earnings and high unemployment rates experienced by these workers...
Persistent link: https://www.econbiz.de/10014106232
normal in the U.S. economy, but much is also directly related to a dearth of jobs. Demand forces, which have come to be …
Persistent link: https://www.econbiz.de/10014135408
China's emerging labor market was buffeted by changes in demand and supply and institutional changes in the last two … labor market has responded about as well as one could expect to the changes in the demand and supply factors and …
Persistent link: https://www.econbiz.de/10013112838
The Great Recession tested the ability of the "great U.S. jobs machine" to limit the severity of unemployment in a major economic downturn and to restore full employment quickly afterward. In the crisis the American labor market failed to live up to expectations. The level and duration of...
Persistent link: https://www.econbiz.de/10013073572
force participation rates; and gender differences in labor supply behavior. On the demand side, we describe and analyze the … markets, developing economies tended to shift between 1960 and 1980, from low-productivity agriculture to the higher … productivity service and industrial sectors and, albeit with some exceptions, to raise real income per capita. With respect to …
Persistent link: https://www.econbiz.de/10013309249
This paper examines educational earnings differentials in Canada in the 1980s and compares changes in differentials to those in the United States. Our major finding is that the college/high school differential increased much less in Canada than in the United States. We also find that within...
Persistent link: https://www.econbiz.de/10013310810
This paper presents evidence on the relation among incarceration, crime, and the economic incentives to crime, ranging from unemployment to income inequality. It makes three points: 1) The U.S. has incarcerated an extraordinarily high proportion of men of working age overall, and among blacks....
Persistent link: https://www.econbiz.de/10013225405