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Rational expectations and the puzzling no-effect of the minimum wage
Pinoli, Sara - 2010
This paper argues that expectations are an important element that need to be included into the analysis of the effects of the minimum wage on employment. We show in a standard matching model that the observed employment effect is higher the lower is the likelihood associated with the minimum...
Persistent link: https://www.econbiz.de/10010321461
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The effects of social security taxes and minimum wages on employment: Evidence from Turkey
Papps, Kerry L. - 2010
Using worker-level panel data for Turkey, this paper analyses the separate employment effects of increases in the social security taxes paid by employers and increases in the minimum wage between 2002 and 2005. Variation over time and among low-wage workers in the ratio of total labour costs to...
Persistent link: https://www.econbiz.de/10010273663
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Income distribution, technical change and the dynamics of international economic integration
Landesmann, Michael; Stehrer, Robert - 2005
This paper explores the features of a dynamic multisectoral model which focuses on the relationship between income distribution, growth and international specialization. The model is explored both for the steady-state properties and the transitory dynamics of integrated economies. Income...
Persistent link: https://www.econbiz.de/10010294524
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Distributional consequences of capital accumulation, globalisation and financialisation in the US
Karanassou, Marika; Sala, Hector - 2012
In this paper we examine the dynamic contributions of capital accumulation, globalisation, and financialisation to the functional-personal income distribution nexus. We analyse the labour share under the prism of monopoly and frictional growth, and disclose the dramatic upward trend in...
Persistent link: https://www.econbiz.de/10010368155
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Inequality, human capital formation and the process of development
Galor, Oded - 2011
Conventional wisdom about the relationship between income distribution and economic development has been subjected to dramatic transformations in the past century. While Classical economists advanced the hypothesis that inequality is beneficial for economic development, the Neoclassical...
Persistent link: https://www.econbiz.de/10010284077
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Lifetime versus annual tax progressivity: Sweden, 1968-2009
Bengtsson, Niklas; Holmlund, Bertil; Waldenström, Daniel - 2012
This paper analyzes the evolution of tax progressivity in Sweden from both annual and lifetime perspectives. Using a rich micro panel with administrative records of incomes, taxes and benefits over the period 1968 - 2009, we calculate tax rates across the income distribution accounting for...
Persistent link: https://www.econbiz.de/10010321455
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Rigidez salarial, precios relativos y ajuste estructural: Una interpretación del desempleo en Uruguay
de Brun, Julio; Labadie, Gaston J. - 1998
que Uruguay salió de la crisis cambiaria y financiera. Este estudio presenta una percepción del desempleo en Uruguay. …
Persistent link: https://www.econbiz.de/10010326950
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Collective Bargaining Systems in Six Latin American Countries: Degrees of Autonomy and Decentralization (Argentina, Brazil, Chile, Mexico, Peru, and Uruguay)
O'Connell, Lesley - 1999
The transition to a market driven development strategy in Latin America for more than a decade has redefined business strategies and reshaped the state`s traditional role as guarantor of employment, stability, and protection. These changes, plus the move to create more flexible labor markets in...
Persistent link: https://www.econbiz.de/10010326986
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How Do Social Security and Income Affect the Living Arrangements of the Elderly? Evidence from Reforms in Mexico and Uruguay
Shinkai, Naoko - 2000
Uruguay, are examined. It is concluded that the improvement of educational attainment was mainly responsible for helping the … elderly poor to live alone in rural areas in Mexico, and not the government system. On the other hand, in Uruguay, for …
Persistent link: https://www.econbiz.de/10010327102
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Los efectos del sector público en el financiamiento de la vivienda: El mercado hipotecario de Uruguay
Gandelman, Eduardo; Gandelman, Nestor - 2004
El presente trabajo estudia el mercado hipotecario de viviendas en Uruguay. El principal operador del mercado es el … Banco Hipotecario del Uruguay (BHU), una institución estatal que concentra más de 80% del total de los créditos. Esta … legales) para ejecutar los casos morosos y a la crisis general del sistema financiero de Uruguay. El análisis de los estados …
Persistent link: https://www.econbiz.de/10010327113