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Lindbeck, Assar; Snower, Dennis J. - C.E.P.R. Discussion Papers - 1995

The paper analyses the contemporary organizational restructuring of production and work and derives some salient implications for the labour market. The analysis focuses on the switch from occupational specialization at 'Tayloristic' organizations to multi-tasking at 'holistic' organizations....

Persistent link: https://www.econbiz.de/10005504765

Do Good Workers Hurt Bad Workers - or is it the Other Way Around?

Moen, Espen R - C.E.P.R. Discussion Papers - 2002

In this article, I study the effect of worker heterogeneities on wages and unemployment within the context of a directed search model. A worker's productivity in a given firm depends both on their type and on a worker-firm specific component. Firms advertise unconditional wage offers, and hire...

Persistent link: https://www.econbiz.de/10005667080

Bank Lending and Property Prices in Hong Kong

Gerlach, Stefan; Peng, Wensheng - C.E.P.R. Discussion Papers - 2004

This Paper studies the relationship between residential property prices and lending in Hong Kong. This is an interesting topic for three reasons. First, swings in property prices have been extremely large and frequent in Hong Kong. Second, under the currency board regime, monetary policy cannot...

Persistent link: https://www.econbiz.de/10005661824

Interpreting the Term Structure of Interbank Rates in Hong Kong

Gerlach, Stefan - C.E.P.R. Discussion Papers - 2002

This Paper studies the term structure of short-term interbank rates in Hong Kong. Principal component analysis suggests that the variation of the term structure can be largely attributed to two components that capture shifts in the level and slope of the yield curve. We find that term spreads...

Persistent link: https://www.econbiz.de/10005661871

Demand and Supply Factors in the Determination of NIE Exports: A Simultaneous Error-Correction Model for Hong Kong Exports

Muscatelli, Vito Antonio; Srinivasan, T G; Vines, David - C.E.P.R. Discussion Papers - 1992

This paper considers the issue of whether a small developing economy such as Hong Kong faces a perfectly elastic demand for its exports of manufactured goods. We construct a simultaneous demand and supply system which is estimated using Full Information Maximum Likelihood methods, and which...

Persistent link: https://www.econbiz.de/10005792379

The Caloric Costs of Culture: Evidence from Indian Migrants

Atkin, David - C.E.P.R. Discussion Papers - 2013

inter-state migrants within India consume fewer calories per Rupee of food expenditure compared to their non … on culture: that migrants make nutritionally-suboptimal food choices due to cultural preferences for the traditional … foods of their origin states. First, I focus on the preferences themselves and document that migrants bring their origin …

Persistent link: https://www.econbiz.de/10011083900

Relative Wage Effects of German Unions

Schmidt, Christoph M - C.E.P.R. Discussion Papers - 1994

In contrast to the United States or the United Kingdom where union status is generally tied to the job, the typical unionized worker in Germany is a member of an industry union and there is no direct institutional link between union membership and the worker's wage. Using micro data from the...

Persistent link: https://www.econbiz.de/10005792011

Government Distributional Concerns and Economic Policy During the Transition from Socialism

Gordon, Roger H; Li, David Daokui - C.E.P.R. Discussion Papers - 1997

Before the transition governments had strong distributional objectives, which they pursued mainly by direct controls over state enterprise wage rates and hiring decisions, yielding a highly compressed wage distribution. During the reform they maintained similar controls over state enterprises,...

Persistent link: https://www.econbiz.de/10005114146

Globalization and the Provision of Incentives Inside the Firm

Cuñat, Vicente; Guadalupe, Maria - C.E.P.R. Discussion Papers - 2006

This paper studies the effect of changes in foreign competition on the incentives faced by U.S. managers in the form of wage structures, promotion profiles, and job turnover. We use a panel of executives and measure foreign competition as import penetration. Using tariffs and exchange rates as...

Persistent link: https://www.econbiz.de/10005124375

Product Market Competition, Returns to Skill and Wage Inequality

Guadalupe, Maria - C.E.P.R. Discussion Papers - 2004

This Paper shows that increasing product market competition can have a direct impact on the employment relationship and on wage inequality. I develop a simple model in which an increase in product market competition increases returns to skill through the effect of competition on the sensitivity...

Persistent link: https://www.econbiz.de/10005666700