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authors analyze how the supply of skills and legal origin of the country affect the wage setting process. The wage analysis … just for returns to education, but also for the wage setting process more generally. In particular, in civil-law countries …, returns to seniority are rewarded only after a certain age. Third, workers exercise some power in the wage setting process but …
Persistent link: https://www.econbiz.de/10010521071
"The authors follow the Hellerstein, Neumark, and Troske (1999) framework to estimate marginal productivity differentials and compare them with estimated relative wages. The analysis provides evidence on productivity and nonproductivity-based determinations of wages. Special emphasis is given to...
Persistent link: https://www.econbiz.de/10010522409
Persistent link: https://www.econbiz.de/10010524202
This note summarizes the results and describes the policy implications of the recently published book globalization, wages, and the quality of jobs that evaluates some of the effects of trade and foreign investment on workers. This book contains a framework for analysis, a literature review, and...
Persistent link: https://www.econbiz.de/10012556810
Persistent link: https://www.econbiz.de/10010523118
This report is the sixth in an annual series assessing development issues. It reviews recent trends in the international economy and their implications for the developing countries with a special focus on the management and institutional aspects of development. The early recovery in the world...
Persistent link: https://www.econbiz.de/10010526320