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Real Wages over the Business Cycle: OECD Evidence from the Time and Frequency Domains

Messina, Julián; Strozzi, Chiara; Turunen, Jarkko - Institute for the Study of Labor (IZA) - 2008

We study differences in the adjustment of aggregate real wages in the manufacturing sector over the business cycle across OECD countries, combining results from different data and dynamic methods. Summary measures of cyclicality show genuine cross-country heterogeneity even after controlling for...

Persistent link: https://www.econbiz.de/10005703513

Extensive vs. Intensive Margin in Germany and the United States: Any Differences?

Merkl, Christian; Wesselbaum, Dennis - Institute for the Study of Labor (IZA) - 2010

This paper analyzes the role of the extensive vis-à-vis the intensive margin of labor adjustment in Germany and in the United States. The contribution is twofold. First, we provide an update of older U.S. studies and confirm the view that the extensive margin (i.e., the adjustment in the number...

Persistent link: https://www.econbiz.de/10008455543

Measurement of Globalization and Its Variations Among Countries, Regions and Over Time

Bhandari, Amit K.; Heshmati, Almas - Institute for the Study of Labor (IZA) - 2005

The process of globalization is an international economic order which has led to the progressive integration of the … technological innovation also provides impetus to the progressive integration of the nations. The elements of globalization include … economic benefits, globalization also indicates the flow of ideas, norms, information and peoples. There is a large …

Persistent link: https://www.econbiz.de/10005822966

Global Business Cycles: Convergence or Decoupling?

Kose, M. Ayhan; Otrok, Christopher; Prasad, Eswar - Institute for the Study of Labor (IZA) - 2008

globalization (1985-2005), there has been some convergence of business cycle fluctuations among the group of industrial economies …

Persistent link: https://www.econbiz.de/10005566406

Testing an EU-Candidate's Place on the Maps of Global Economic, Political and Social Values: The Case of Turkey

Tausch, Arno; Heshmati, Almas - Institute for the Study of Labor (IZA) - 2014

Following the attempt by Alesina and Guiliano (2013) to measure global culture and to project these measurements onto real choropleth geographical world maps, we utilize the data from the World Values Survey (WVS) to arrive at robust measurement scales of global economic, political and social...

Persistent link: https://www.econbiz.de/10010764609

Econometric Mediation Analyses: Identifying the Sources of Treatment Effects from Experimentally Estimated Production Technologies with Unmeasured and Mismeasured Inputs

Heckman, James J.; Pinto, Rodrigo - Institute for the Study of Labor (IZA) - 2013

This paper presents an econometric mediation analysis. It considers identification of production functions and the sources of output effects (treatment effects) from experimental interventions when some inputs are mismeasured and others are entirely omitted.

Persistent link: https://www.econbiz.de/10010884208

Can a Task-Based Approach Explain the Recent Changes in the German Wage Structure?

Antonczyk, Dirk; Fitzenberger, Bernd; Leuschner, Ute - Institute for the Study of Labor (IZA) - 2009

This paper investigates the changes in the German wage structure for full-time working males from 1999 to 2006. Our analysis builds on the task-based approach introduced by Autor et al. (2003), as implemented by Spitz-Oener (2006) for Germany, and also accounts for job complexity. We perform a...

Persistent link: https://www.econbiz.de/10005763863

Migration, Openness and the Global Preconditions of 'Smart Development'

Tausch, Arno; Heshmati, Almas - Institute for the Study of Labor (IZA) - 2011

In this article, we present a first empirical reflection on 'smart development', its measurement, possible 'drivers' and 'bottlenecks'. We first provide cross-national data on how much ecological footprint is used in the nations of the world system to 'deliver' a given amount of democracy,...

Persistent link: https://www.econbiz.de/10009369100

A Sequential Malmquist-Luenberger Productivity Index

Oh, Donghyun; Heshmati, Almas - Institute for the Study of Labor (IZA) - 2009

This study proposes an alternative methodology for measuring environmentally sensitive productivity growth. The rationale of this methodology is to consider the features of technology appropriately by excluding a spurious technical regress based on the macroeconomic perspective. In order to...

Persistent link: https://www.econbiz.de/10004999166

Analysis of Pay Inequality and its Impacts on Growth and Performance in the Korean Manufacturing Industry

Kim, Yunhee; Lee, Jeong-Dong; Heshmati, Almas - Institute for the Study of Labor (IZA) - 2008

This paper examines the relationship between pay inequality, economic growth, and performance in Korea. Pay inequality is estimated by using Theil's index to identify the factors determining the level of pay inequality, and establish its relationship with economic growth and performance. For the...

Persistent link: https://www.econbiz.de/10005761692