Showing 1 - 10 of 12
This paper presents new evidence on international trade and worker outcomes. It examines a big world event that produced an unprecedentedly large shock to the UK exchange rate. In the 24 hours in June 2016 during which the UK electorate unexpectedly voted to leave the European Union, the value...
Persistent link: https://www.econbiz.de/10012022416
One potential channel through which the effects of the minimum wage could be directed is that firms who employ minimum wage workers could pass on any resulting higher labour costs in the form of higher prices. This study looks at the effects of the introduction and subsequent uprating of the...
Persistent link: https://www.econbiz.de/10003900009
This paper provides a method for the analysis of the spatial and temporal diffusion of shocks in a dynamic system. We use changes in real house prices within the UK economy at the level of regions to illustrate its use. Adjustment to shocks involves both a region specific and a spatial effect....
Persistent link: https://www.econbiz.de/10003934196
Persistent link: https://www.econbiz.de/10001760425
and inflation rates. Building on the lessons from recent advances in time-series econometrics, we suggest instead that one …
Persistent link: https://www.econbiz.de/10011403817
Central bankers are raising interest rates on the assumption that wage-push inflation may lead to stagflation. This is …
Persistent link: https://www.econbiz.de/10013448558
. A two-part process is important given the considerable inflation at zero when analysing financial problems. The model is …
Persistent link: https://www.econbiz.de/10011709645
This paper uses unique firm-level panel data from Japan and provides new evidence on the possible impact on gender …
Persistent link: https://www.econbiz.de/10011346576
constructing synthetic control groups, we show that the "Big Bang"-deregulations in the United Kingdom in 1986 and Japan 1997 …-1999 increased the share of pre-tax incomes going to top earners by over 20 percent in the U.K. and over 10 percent in Japan. The … in Japan. The findings are robust to placebo tests, alternative ways to construct synthetic controls and scrutiny of post …
Persistent link: https://www.econbiz.de/10011450671
been affected across six countries (China, South Korea, Japan, Italy, UK and US). We first document changes in income …
Persistent link: https://www.econbiz.de/10012239013