Search results for " Economic Growth"
showing 10 items of 302 documents
Fair Wages and Unemployment in a Small Open Economy
2006
In this paper we develop a model of a multi-sector multi-factor small open economy with involuntary unemployment due to fair wages. The model is used inter alia to analyse the labour market effects of changes in unemployment benefits and the domestic labour supply. Our analysis covers both the case where factor prices do not react to endowment changes - as in the Heckscher-Ohlin model - and the case where they do. Results are sensitive to this distinction, thereby emphasizing the benefit of employing a general production structure that encompasses both cases.
"Being Flexible": graduates Facing Changes in Their Work Environment
2011
According to the crucial importance of innovation for modern economies, the role of graduates regarding innovation appears to be a major topic when their performances in the labour market at stake. Five main questions are addressed in this chapter: (1) What does innovation mean? (2) Which organisations are likely to be more innovative? (3) What role do Higher Education graduates play regarding innovation? (4) Are they equipped to do develop innovation? (5) Which are the occupations more related to innovation, and are innovative activities rewarded? The results presented in this chapter confirm that higher education graduates are crucial actors in the innovation process. The jobs of innovati…
Gender differences in French undergraduates' academic plans and wage expectations
2016
International audience; Gender differences in wage expectations may affect investment in human capital and increase inequalities in the labour market. Our research based on a survey of first-year students at a French university aims to focus on expectations at the beginning of the career. Our results show that anticipated earnings differ significantly between men and women. One year after graduation, we find a gender gap in pay of 16 percent. A wage decomposition method indicates that most of this effect is due to anticipation of discrimination. Ten years after graduation, anticipated discrimination is still almost as dominant in explaining the gender gap in pay. Finally, using a survey of …
CHILDHOOD ADVERSITIES AND HOME ATMOSPHERE AS DETERMINANTS OF DISABILITY AND UNEMPLOYMENT PENSION
2017
Childhood adversities have been linked with adverse life events, but less is known about the long-term effects of childhood home atmosphere in terms of work career. We investigated whether childhood adversities and home atmosphere were associated with disability or unemployment pension. In the Helsinki Birth Cohort Study (born 1934–44), 2001 cohort members had data available on 9 childhood home atmosphere items e.g. whether it was supportive or warm (sum score 0–36, higher score indicating more favorable atmosphere), and 9 childhood adversities e.g. unemployment, parent’s long-term illness or divorce (sum score 0–9, coded into no; one; and two or more) assessed in 2001–04. Of those, 1528 ha…
Posted Migration and Segregation in the European Construction Sector
2015
Worker ‘posting’ or temporary migration of manual workers sent by their employers to work on projects abroad has become increasingly prominent in the European construction industry. It is now normal to find groups of workers from all around Europe on construction sites, living in nearby temporary accommodations, moving on to other projects or back home when the project is complete. This article highlights the interaction between the social and spatial segregation and transnational mobility of these workers in the European Union construction labour market. We argue that the work-focused and employer-dominated nature of the posted workers' social world abroad contributes to their segregation …
Technological and knowledge diffusion link: An international perspective 1870–2019
2021
Abstract Technology diffusion is a necessary but not sufficient condition for knowledge diffusion. Technological waves' impact on education differs across educational levels. We use data for 104 countries on technology diffusion and education from 1870 to 2019. We find six technology waves from 1870 to 2019 had a substantial and statistically significant educational attainment impact using fixed panel data modeling. The impact differs across time and regions, with the most noticeable impact in Advanced economies and Eastern Europe. Asia and the Pacific, Latin America and the Caribbean, Middle East, and North Africa are catching up with lagging Sub-Saharan Africa. The transportation revoluti…
The Impact of Fiscal Consolidation on Human Development
2017
We find that fiscal austerity is associated with a reduction of human development standards, with the negative effect being particularly severe in the case of spending-driven consolidation episodes. Fiscal adjustments are especially damaging for human development in developing countries (namely, African and Latin American countries). Additionally, the empirical evidence shows that (i) government stability is a crucial institutional determinant of human development, and (ii) while investment in physical capital can boost human development, government consumption and inflation are detrimental to it. Copyright © 2017 John Wiley & Sons, Ltd.
The Political Economy of the World Bank. The Early Years
2009
This book covers the early years of the International Bank of Reconstruction and Development (IBRD), commonly known as the World Bank when it first confronted the issue of development as a fundamental part of its mission. The book is mainly concerned with how the Bank interpreted its mission and, more specifically, how its mission was born: what events shaped it, what cultural and ideological background influenced it and what was the historical context in which it arose. So this book is a contribution to the study of the prehistory of development, understood in its social and economic context. In this respect, the study of the early years of the World Bank offers excellent context for obser…
Robotic Process Automation and Consequences for Knowledge Workers; a Mixed-Method Study
2020
Part 2: Fourth Industrial Revolution; International audience; This paper explores an overly optimistic and tenacious claim in the literature that robotic process automation (RPA) will only free knowledge workers from mundane tasks and introduce more interesting work. We explore this claim and other consequences for knowledge workers using data from a sequential quantitative-qualitative, mixed-method study in Norway. 88 RPA users from different sectors and industries where first surveyed to identify differences in utilization and effects from RPA. Then, differences were explored in 24 in-depth interviews in the public and private sectors, including financial industry, manufacturing, and oil …
Bank-specific shocks and aggregate leverage: Empirical evidence from a panel of developed countries
2020
International audience; This paper investigates the link between shocks in the banking sector and aggregate leverage measured by the credit-to-GDP gap. Using a balanced panel of 15 countries for the period 1989–2016, we exploit the approach due to Gabaix (2011) and consider banking granular shocks as an indicator of banking distress. Using methods that account for potential endogeneity, we find that banking shocks Granger-cause aggregate leverage. In particular, banking shocks tend to increase the level of leverage and cause departures of the credit-to-GDP ratio from its long-term trend.