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incomplete. This paper studies the implications of status competition in the marriage market for the real exchange rate. In … biological desire for a marriage partner is strong. Empirically, we show that within China, those regions with a faster increase …
Persistent link: https://www.econbiz.de/10013130254
Subjective well-being research has often found that marriage is positively correlated with well-being. Some have argued … that the well-being benefits of marriage are short-lasting. Using data from the British Household Panel Survey, we control … that marriage may help ease the causes of the mid-life dip in life satisfaction and that the benefits of marriage are …
Persistent link: https://www.econbiz.de/10013030989
show conditions under which an intensified competition in the marriage market can induce men to raise their savings rate …
Persistent link: https://www.econbiz.de/10013143187
In this paper, I selectively discuss recent empirical work on the consequences of global labor mobility. I examine how international migration affects the incomes of individuals in sending and receiving countries and of migrants themselves. Were a social planner to choose the migration policies...
Persistent link: https://www.econbiz.de/10012758151
Does temperature affect economic performance? Has temperature always affected social welfare through its impact on physical and cognitive function? While many economic studies have explored the indirect links between climate and welfare (e.g. agriculture, conflict, sea-level rise), few address...
Persistent link: https://www.econbiz.de/10013071795
In this paper we estimate the impacts of climate change on the allocation of time using econometric models that exploit plausibly exogenous variation in daily temperature over time within counties. We find large reductions in U.S. labor supply in industries with high exposure to climate and...
Persistent link: https://www.econbiz.de/10013148102
Inflation dynamics have been difficult to explain over the last decade. This paper explores if a more comprehensive treatment of globalization can help. CPI inflation has become more synchronized around the world since the 2008 crisis, but core and wage inflation have become less synchronized....
Persistent link: https://www.econbiz.de/10012858797
We survey the recent empirical literature on the effects of offshoring on wages, employment and displacement. We start with the measurement of offshoring, focusing on the use of imported inputs that could have been produced by the importing firm. We overview key theories related to offshoring...
Persistent link: https://www.econbiz.de/10012997887
We use a unique panel of retail prices spanning 123 cities in 79 countries from 1990 to 2005, to uncover six novel properties of long-run international price dispersion. First, at the PPP level, virtually all (91.6%) of price dispersion is attributed to service-sector wages, consistent with a...
Persistent link: https://www.econbiz.de/10013086670
While changes in the demand for skilled labor appear to have led to a widening of the wage structures in many countries during the 198Os,considerable differences in the level of wage inequality remain. In this paper, we examine the sources of these differences, focusing primarily on explaining...
Persistent link: https://www.econbiz.de/10013324131