Over the last half century, US wage growth stagnated, wage inequality rose, and the labor-force participation rate of prime-age men steadily declined. In this article, we examine these worrying labor ...market trends, focusing on outcomes for males without a college education. Though wages and participation have fallen in tandem for this population, we argue that the canonical neoclassical framework, which postulates a labor demand curve shifting inward across a stable labor supply curve, does not reasonably explain the data. Alternatives we discuss include adjustment frictions associated with labor demand shocks and effects of the changing marriage market—that is, the fact that fewer less-educated men are forming their own stable families—on male labor supply incentives. In the synthesis that emerges, the phenomenon of declining prime-age male labor-force participation is not coherently explained by a series of causal factors acting separately. A more reasonable interpretation, we argue, involves complex feedbacks between labor demand, family structure, and other factors that have disproportionately affected less-educated men.
Abstract
This paper uses quasi-experimental variation in payroll tax rates in Finland to investigate how firms use their input factors. We find that higher payroll tax rates lead to large employment ...responses and have no effects on employee-level earnings. As payroll taxes increase, firms substitute away from low-skilled, routine, and manual workers. Higher firm-level payroll tax rates also slightly decrease the total output of firms. Our results imply that firm-level production and input factor choices are clearly affected by payroll taxes.
I show that households’ demand for retail deposits decreases during stock market booms, which induces a contraction in bank lending and a decrease in real activity in bank-dependent firms. I identify ...this channel using geographic heterogeneity in households’stock market participation. Banks in areas with greater stock ownership see a greater reduction in deposit growth when stock returns are high. This holds even across branches of the same bank and across ZIP codes within counties. Counties served by banks financed by more stock-active depositors see a greater decline in bank lending and bank-dependent-firm employment following high stock returns.
We introduce a new class of time-varying parameter vector autoregressions (TVP-VARs) where the identified structural innovations are allowed to influence the dynamics of the coefficients in these ...models. An estimation algorithm and a parameterization conducive to model comparison are also provided. We apply our framework to the U.S. economy. Scenario analysis suggests that once accounting for the influence of structural shocks on the autoregressive coefficients, the effects of monetary policy on economic activity are larger and more persistent than in an otherwise standard TVP-VAR. Our results also indicate that cost-push shocks play a prominent role in understanding historical changes in inflation-gap persistence.
Pri izdelavi bibliografije mag. Elze Jereb so mi bili v oporo bibliografski zapisi v cobissu (73 od 152 enot), med drugim tudi pri iskanju originalnih besedil, dostopnih v Osrednji humanistični ...knjižnici Filozofske fakultete, NUK-u in drugih slovenskih knjižnicah. Kljub želji po čim izčrpnejši predstavitvi profesoričinega opusa bibliografija ni popolna.* Zavestno so izvzeti številni predmetni izpitni katalogi za tuje jezike, kjer je sodelovala pri redakciji splošnega besedila, ter vsi ponatisi izdaj. Vrsto let je bila soavtorica predmetnih izpitnih katalogov za maturo iz francoščine (izdaje v letih 1993-2008 za maturo 1995-2010) ter glavna urednica dveh publikacij, revije Vestnik za tuje jezike in književnosti (1982-1988) in skupaj z Dragom Druškovičem - Livre slovène (1976-1981), kar ni vključeno v spodnji, po letnicah urejeni prikaz. Iz slednjega se je prav gotovo izmuznil še kak profesoričin prispevek (npr. nekateri prevodi, gradivo za seminarje, namenjene osnovnošolskim in srednješolskim profesorjem francoščine ter prevajalcem).
We examine the empirical evidence bearing on whether UK trade is governed by a Classical model or by a Gravity model, using annual data from 1965 to 2015 and the method of Indirect Inference which ...has very large power in this application. The Gravity model here differs from the Classical model in assuming imperfect competition and a positive effect of total trade on productivity. We found that the Classical model passed the test comfortably, and that the Gravity model also passed it but at a rather lower level of probability, though as the test power was raised it was rejected. The two models’ policy implications are similar.
Welcher Aufbruch beflügelte nach dem Zweiten Vatikanum die Kirche? Wie erlebte man in dieser Zeit ganz konkret Veränderungen? Antworten auf diese und andere Fragen liefern namenhafte ...Pastoraltheologen, die aus erster Hand spannende Einblicke in zeitgeschichtliche Kontexte, die Kirche, Gesellschaft und Theologie prägten, bieten können. Pioniere der Pastoraltheologie wie Ottmar Fuchs, Paul Michael Zulehner, Konrad Baumgartner, Leo Karrer und Stefan Knobloch führen den Leser in einige der spannendsten Fragen der jüngsten Theologie- und Pastoralgeschichte ein. Sie zeichnen die Umsetzung des II. Vatikanischen Konzils im deutschsprachigen Raum nach und bieten dem Leser einen intimen Einblick in ihre ganz persönlichen Erfahrungshorizonte. Behandelt werden unter anderem Themen wie etwa die Veränderungen in der Seelsorge, die Entwicklung eines basisbezogenen Kirchenverständnisses und die Ausdifferenzierung des Faches (z.B. in Pastoralpsychologie, Pastoralsoziologie und Homiletik).
In 1965, the late Senator Daniel Patrick Moynihan—then a high-ranking official in the Department of Labor—sparked a firestorm when he released his report “The Negro Family,” ...which came to be regarded by both supporters and detractors as an indictment of African American culture. Blaming the Poor examines the regrettably durable impact of the Moynihan Report for race relations and social policy in America, challenging the humiliating image the report cast on poor black families and its misleading explanation of the causes of poverty.   A leading authority on poverty and racism in the United States, Susan D. Greenbaum dismantles Moynihan’s main thesis—that the so called matriarchal structure of the African American family “feminized” black men, making them inadequate workers and absent fathers, and resulting in what he called a tangle of pathology that led to a host of ills, from teen pregnancy to adult crime. Drawing on extensive scholarship, Greenbaum highlights the flaws in Moynihan’s analysis. She reveals how his questionable ideas have been used to redirect blame for substandard schools, low wages, and the scarcity of jobs away from the societal forces that cause these problems, while simultaneously reinforcing stereotypes about African Americans. Greenbaum also critiques current policy issues that are directly affected by the tangle of pathology mindset—the demonization and destruction of public housing; the criminalization of black youth; and the continued humiliation of the poor by entrepreneurs who become rich consulting to teachers, non-profits, and social service personnel.     A half century later, Moynihan’s thesis remains for many a convenient justification for punitive measures and stingy indifference to the poor. Blaming the Poor debunks this infamous thesis, proposing instead more productive and humane policies to address the enormous problems facing us today.  
Singapore's success story is essentially a "people" story. Singaporeans have good reason to celebrate the nation's golden jubilee with pride. In the short space of five decades the country has moved ...from Third World to First, and its real GDP has grown by 40 times! For this phenomenal progress, credit must go to its people, the Republic's primary resource.Against all odds and amidst dire predictions, Singaporeans proved that a united and resourceful community could build a nation from scratch. This book is dedicated to one segment of these Singaporeans - the Chinese community. In particular, this collection of essays focuses on the Chinese speaking members of the community whose many contributions are less familiar to those brought up on a strict diet of the English language.This celebratory book is divided into four broad categories. The first section examines the major Chinese organisations and their contributions in the past five decades. These include the Singapore Chinese Chamber of Commerce & Industry, the Singapore Federation of Chinese Clan Associations, the Chinese Development Assistance Council and the Chinese Heritage Centre. In addition, it looks at the history and work of some of the social clubs and charitable organisations in the Chinese community.The second section examines some community issues that have engaged the Chinese community in Singapore's first 50 years. Two senior journalists and two academics review the evolution of the Chinese language, the integration of new immigrants from China and the influence of Chinese religions. The five essays in the third section trace the development of Chinese visual and performing art in the Republic. The last section looks at the interactions between Singapore's Chinese community and China on the one hand, and with the regional Chinese communities on the other.The contributors of this salute to the Chinese community are/ have been directly involved or are passionate about the subjects of their essays.Readership: General public, researchers and students interested in learning about the significant roles and contributors of the Chinese community in Singapore in the last 50 years.Keywords:Chinese Community;Chineses Language;New Immigrants;Chinese Organisations;Chinese Culture;External RelationsKey Features:This is first of its kind in English, credible, holistic and readableA good summary of the community after 50 years of independenceContributors are specially invited because of their close association to the organisations and the different topics"As Singapore celebrates SG50 this year, the publication of this book to document the Chinese community's contributions towards nation-building, is indeed timely and of great significance. This book records the resilience, the gumption and the confidence exemplified by our forefathers as they toiled to build a nation we are proud of today.The book not only encapsulates the development of the Chinese community in Singapore, it is also a tribute to our pioneers who have dedicated their lives to the nation."Chua Thian PohPresident of Singapore Federation of Chinese Clan Associations"We are delighted that the Chamber's achievements and contributions have been included in this celebratory book on Singapore's Chinese community. We take pride that the SCCCI with its network of 4,000 corporate members and more than 150 trade association members covering 40,000 enterprises, has made its mark in the history of Singapore."Thomas ChuaPresident of the Singapore Chinese Chamber of Commerce & Industry
On the 50th anniversary of the German Stock Corporation Act, which was originally ratified in 1965, leading legal scholars met at the birthplace of the law in Bonn to discuss current pressing ...challenges in this area of law. The results of the discussion, assembled in these conference proceedings, extend far beyond the confines of stock corporation law.
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