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The paper documents the large cross-country differences in labor institutions that make them a candidate explanatory factor for the divergent economic performance of countries and reviews what economists have learned about the effects of these institutions on economic outcomes. It identifies...
Persistent link: https://www.econbiz.de/10012465411
This paper assesses the claim the the US faces an impending labor shortage due to the impending retirement of baby boomers and slow growth of the US work force, and that the country should orient labor market and educational policies to alleviate this prospective shortage. I find that this...
Persistent link: https://www.econbiz.de/10012466124
universities, particularly from China, have increased S&E degrees while US degree production has stagnated …3) Populous low income countries such as China and India can compete with the US in high tech by having many S … off-shoring of IT jobs to India, growth of high-tech production in China, and multinational R&D facilities in developing …
Persistent link: https://www.econbiz.de/10012467223
The rules governing trade and capital flows have been at the center of controversy as globalization has proceeded. One reason is the belief that trade and capital flows have massive effects on the labor market -- either positive, per the claims of international financial institutions and free...
Persistent link: https://www.econbiz.de/10012468655