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Persistent link: https://www.econbiz.de/10005392917
We investigate the relationship between export market shares and relative unit labour costs using a long panel of 12 manufacturing industries across 14 OECD countries. We ask how sensitive are export market shares to changes in relative costs and what determines this sensitivity? Both costs and...
Persistent link: https://www.econbiz.de/10005071763
We investigate the manner in which a desire to emulate the rich influences individuals' allocation of time between labour and leisure, greater inequality inducing longer work hours as a result. Data on work hours in ten countries over the period 1963-98 show that greater inequality is indeed...
Persistent link: https://www.econbiz.de/10004990210
"Community governance" is the set of small group social interactions that, with market and state, determine economic outcomes. We argue (i) community governance addresses some common market and state failures but typically relies on insider--outsider distinctions that may be morally repugnant...
Persistent link: https://www.econbiz.de/10004990212
Persistent link: https://www.econbiz.de/10005099473