Showing 1 - 10 of 60
We relate technological adoption (of different technologies) with income inequality. We discovered that some technologies such as aviation, cell phones, electric production, internet, telephone, and TV are skill-complementary in raising inequality. We constructed standardized indexes of...
Persistent link: https://www.econbiz.de/10010892262
We calculate aggregate measures of mismatch in the labour market for 30 European countries. These indicators measure vertical mismatch (related to the level of education, e.g. overeducation, and undereducation) and horizontal mismatch (related to the eld of education) and are comparable across...
Persistent link: https://www.econbiz.de/10010892274
This article analyses the stability properties of the steady-state and the transitional dynamics of an endogenous growth model with human capital, increasing-varieties R&D, and quality-ladders R&D [Strulik, 2005, Review of International Economics, 13 (1): 129-145]. We show that when spillovers...
Persistent link: https://www.econbiz.de/10009646034
Sequeira T. N. and Lopes A. F. Does a federal country need federal transfers when it has labour mobility?, Regional Studies. This work empirically tests optimum currency area theory for members of a given monetary union (the United States). The United States is recognized as a country where...
Persistent link: https://www.econbiz.de/10008674804
Czech Republic, Hungary and Poland will have to join the European and Monetary Union. Surprisingly, there is very little work on the welfare consequences of the loss of monetary policy flexibility for these countries. This paper fills this void by providing a framework to evaluate quantitatively...
Persistent link: https://www.econbiz.de/10004978130
We compare Europe with the USA and Canada as regards business cycle synchronization and core-periphery patterns. A long sample (1950-2005) makes it possible to study how these aspects have evolved over time. Results support the economic viability of EMU. Average cyclical correlations among...
Persistent link: https://www.econbiz.de/10005593039
We derive a model of endogenous growth with physical capital, human capital and technological progress through quality-ladders. We introduce welfare-decreasing pollution in the model, which can be reduced through the development of cleaner technologies. From the quantitative analysis of the...
Persistent link: https://www.econbiz.de/10008552074
Persistent link: https://www.econbiz.de/10005126127
Apresentam-se e discutem-se os resultados de ciclos económicos dos países da União Europeia, nomeadamente volatilidade, persistência e correlação entre os ciclos. As estatísticas são construídas com dados trimestrais, utilizando o filtro HP para remover a tendência e o procedimento...
Persistent link: https://www.econbiz.de/10005126302
We compare the undergraduate Economics majors and their underlying structure in the top-ranked Economics departments of Europe and the USA, identifying the fundamental courses included in an Economics major in top-ranked universities. We further distinguish between those courses that are...
Persistent link: https://www.econbiz.de/10005350500