Various econometric specifications and levels of data aggregation have yielded different results for labor productivity convergence. However, few studies have modeled convergence while formally accounting for regional spatial interactions, notwithstanding a wide recognition of their importance...

Various econometric specifications and levels of data aggregation have yielded different results for labor productivity convergence. However, few studies have modeled convergence while formally accounting for regional spatial interactions, notwithstanding a wide recognition of their importance...

In this paper we attempt to establish a nexus between migration decisions and self-assessed happiness, where migration is taken as a mechanism for revealing preferences. The happiness literature has proposed both economic and non-economic determinants of happiness which are very similar to the...

Despite evidence highlighting the multiple benefits that liberalization can have in the agricultural sector, agricultural protectionism is abundant, especially in developing countries. Chile provides an interesting case on this topic because it implemented an aggressive liberalization in the...

This article analyses wage flexibility as a factor in the unemployment rate across 12 Euro Area countries. We use extensive evidence pertaining to the counter-cyclical behaviour of the labour income share ratio to estimate its equilibrium value in the long run. This measure is calculated using a...