: the elasticity of substitution between experience and education, which is found to be less than half. In France, the …

We estimate a model of the joint participation and mobility along with the individuals' wage formation in France. Our … using state of the art Bayesian methods employing a long panel (1976-1995) for France. Our results clearly show that returns … rationale for this phenomenon. Specifically, in a low-mobility country such as France, there is little gain in compensating …

This paper compares the cyclical behaviour of male real wages in Germany and the UK using the German Socio … unemployment rate as the cyclical measure, we find real wages of stayers in the private sector in West Germany but not East Germany … public sector in neither country. Thus real wage flexibility is similar in the two countries, apart from East Germany …

role of rising rates of investment. Because labor reallocation across sectors, TFP growth at the sector level and … investment are all inter-related, simple growth decompositions that are often used in the literature are not appropriate for … continues to absorb more than half of all fixed investment. If capital had been allocated efficiently, China could have achieved …

three labour types and estimate reduced form wage equations for The Netherlands, United Kingdom and Norway. We find very …