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The objective of this paper is to study the dynamics of the wealth distribution over the path of economic development. More specifically, we are interested in distinguishing between changes which seem to be country specific and characteristics shared by all countries. A historical account of the...
Persistent link: https://www.econbiz.de/10010284643
Doğrusal olmayan yapıdaki iktisadi değişkenler uzun yıllar doğrusal modeller araçları ile analiz edilmiş bu nedenle de gerçek hayatı açıklamada yetersiz kalmıştır. Son dönemde yapılan çalışmalar sonucunda doğrusal olmayan zaman serileri analizlerinin özellikle makro...
Persistent link: https://www.econbiz.de/10010320575
Austria is among the very few countries in the European Union which have managed to maintain comparatively low unemployment rates and high employment rates. In international comparison Austrian unemployment is very stable over the business cycle. This is mainly due to the high sensitivity of the...
Persistent link: https://www.econbiz.de/10010291921
Using data from the Current Population Survey from 1980 through 2010 we examine what drives variation andcyclicality in the growth rate of real wages over time. We employ a novel decomposition technique that allowsus to divide the time series for median weekly earnings growth into the part...
Persistent link: https://www.econbiz.de/10010326473
This paper explores the existence of downward real wage rigidity (DRWR) in 19 OECD countries, over the period 1973-1999, using data for hourly nominal earnings at the industry level. Based on a nonparametric statistical method, which allows for country- and year-specific variation in both the...
Persistent link: https://www.econbiz.de/10010280867
This paper estimates the effect of U.S. internal migration on real wage growth between the movers’ first and second jobs. Our analysis of migration differs from previous research in three important aspects. First, we exploit the confidential geocoding in the National Longitudinal Surveys of...
Persistent link: https://www.econbiz.de/10010283482
Following the approach recently developed for the International Wage Flexibility Project (IWFP), the paper presents new estimates of downward real and nominal wage rigidity for Hungary. Results suggest that nominal rigidity is more prominent in Hungary than real rigidity. When compared to other...
Persistent link: https://www.econbiz.de/10011605418
This paper presents new series of real wages for male farmers and construction workers in France from 1250 to 1860. Between the first half of the thirteenth century and the mid-nineteenth century real wages displayed no substantial trend improvement. Even in the post-Black Death period, after a...
Persistent link: https://www.econbiz.de/10011789758
Historical estimates of workers' earnings suffer from the fundamental problem that annual incomes are inferred from day wages without knowing the length of the working year. This uncertainty raises doubts about core growth theories that rely on existing income estimates to explain the origins of...
Persistent link: https://www.econbiz.de/10012669471
Anfang der 2000er Jahre bildeten sich einige Berufsgewerkschaften, die das alte System der Tarifeinheit lockerten, bis das Bundesarbeitsgericht schließlich 2010 die Tarifpluralität grundsätzlich zuließ. Mit dem Tarifeinheitsgesetz von 2015 sollte die Macht kleiner Berufsgewerkschaften wieder...
Persistent link: https://www.econbiz.de/10012703425