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Human capital, minimum wage and unemployment : a Haris-Todaro model of a developed open economy
Djajić, Slobodan - 1984 - Rev.
Persistent link: https://www.econbiz.de/10003526522
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Human Capital, Unemployment, and Relative Wages in a Global Economy
Davis, Donald R.; Reeve, Trevor A. - 2021
This paper develops a simple framework for examining human capital accumulation, unemployment, and relative wages in a global economy. It builds on the models of Davis (1997a, b) of trade between a flexible wage America and a rigid wage Europe. To this it adds a model of human capital...
Persistent link: https://www.econbiz.de/10013235283
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Human capital creates insider power
Muysken, John; Zwick, Thomas - 1999
This paper demonstrates that insiders can erect barriers to entry and skim rents by sinking costs in human capital when labour markets are otherwise perfectly contestable. The sunk costs nature of human capital investments may result from the need to satisfy ever increasing specialised skill...
Persistent link: https://www.econbiz.de/10013428249
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Wage divergence and unemployment : the impact of insider power and training costs
Muysken, Joan - 2000
The US labour market is characterized by a high skill wage mark-up and low unemployment, while the German labour market has a low skill wage mark-up and a high, mainly unskilled unemployment rate. This paper adds an innovative labour supply explanation to the discussion how these distinct labour...
Persistent link: https://www.econbiz.de/10013428334
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Technology, Unemployment, and Inflation
Mincer, Jacob; Danninger, Stephan - 2021
differences defined by technology. In the aggregate time series relative unemployment is defined by educational unemployment … hiring and training response is quicker than the wage response. We also observe in time series that the pace of technology … technology, maturing of the workforce, and growth of international trade reduce unemployment in the longer run. The same …
Persistent link: https://www.econbiz.de/10013228613
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When Work Disappears : Manufacturing Decline and the Falling Marriage-Market Value of Young Men
Autor, David H. - 2017
We exploit the gender-specific components of large-scale labor demand shocks stemming from rising international manufacturing competition to test how shifts in the relative economic stature of young men versus young women affected marriage, fertility and children's living circumstances during...
Persistent link: https://www.econbiz.de/10012962728
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Import Competition and the Great U.S. Employment Sag of the 2000s
Acemoglu, Daron - 2014
Even before the Great Recession, U.S. employment growth was unimpressive. Between 2000 and 2007, the economy gave back the considerable gains in employment rates it had achieved during the 1990s, with major contractions in manufacturing employment being a prime contributor to the slump. The U.S....
Persistent link: https://www.econbiz.de/10013048616
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Understanding South Africa's Economic Puzzles
Rodrik, Dani - 2007
South Africa has undergone a remarkable transformation since its democratic transition in 1994, but economic growth and employment generation have been disappointing. Most worryingly, unemployment is currently among the highest in the world. While the proximate cause of high unemployment is that...
Persistent link: https://www.econbiz.de/10012778285
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Trade Adjustment : Worker Level Evidence
Autor, David H. - 2013
In the past two decades, China's manufacturing exports have grown spectacularly, U.S. imports from China have surged, but U.S. exports to China have increased only modestly. Using representative, longitudinal data on individual earnings by employer, we analyze the effect of exposure to import...
Persistent link: https://www.econbiz.de/10013078867