Using survey data for 220 traditional manufacturing firms over 7 years of transition and 4 Central Eastern Europe (CEE) countries, we find firms that produced for the EU market under planning
consistently outperform those ...
This paper estimates a simple model of exchange rate policy where the Central Bank
optimises an objective function which takes into account competitiveness, its
commitment to the EMU and the cost of adjustment. We allow ...
Using a dataset that allows consistent cross-country comparisons the non-linearity in a conventional earnings equation is tested with respect to schooling. The findings suggest that the assumption of linearity is not robust ...
We explore the significance of intra-couple and intra -household influences on three broad types of employment contracts: self-employment, performance related pay, and salaried employment. Individuals may pool income risk ...
Devereux, Paul J.(Cornell University, School of Industrial & Labor Relations, 2001-07)
Using data from the Panel Study of Income Dynamics, the author examines the cyclicality of wages within employer-employee matches for the years 1970-91. Recent research on wage cyclicality has suggested that wages are very ...
When individual statistics are aggregated through a strictly monotone function to an
aggregate statistic, common knowledge of the value of the aggregate statistic does not imply, in general, that the individual statistics ...
Education and Earnings in Europe is based on a two year pan-European research programme and presents an in-depth analysis of the returns to education in Europe. The book begins with a critical review of the literature which ...