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20,725
Changes in relative wages, 1963-1987—Supply and demand factors
- Quarterly Journal of Economics
, 1992
"... A simple supply and demand framework is used to analyze changes in the U. S. wage structure from 1963 to 1987. Rapid secular growth in the demand for more-educated workers, "more-skilled " workers, and females appears to be the driving force behind observed changes in the wage structure. M ..."
Abstract
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Cited by 1109 (23 self)
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. Measured changes in the allocation of labor between industries and occupations strongly favored college graduates and females throughout the period. Movements in the college wage premium over this period appear to be strongly related to fluctuations in the rate of growth of the supply of college graduates
Computing Inequality: Have Computers Changed the Labor Market?
- QUARTERLY JOURNAL OF ECONOMICS
, 1998
"... This paper examines the effect of skill-biased technological change as measured by computerization on the recent widening of U. S. educational wage differentials. An analysis of aggregate changes in the relative supplies and wages of workers by education from 1940 to 1996 indicates strong and persis ..."
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Cited by 486 (17 self)
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This paper examines the effect of skill-biased technological change as measured by computerization on the recent widening of U. S. educational wage differentials. An analysis of aggregate changes in the relative supplies and wages of workers by education from 1940 to 1996 indicates strong
Entrepreneurship: Productive, Unproductive, and Destructive
- JOURNAL OF POLITICAL ECONOMY
, 1990
"... The basic hypothesis is that, while the total supply of entrepreneurs varies anlong societies, the productive contribution of the society's entrepreneurial activities varies much more because of their allocation between productive activities such as innovation and largely unproductive activitie ..."
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Cited by 641 (2 self)
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activities such as rent seeking or organized crime. This allocation is heavily influenced by the relative payoffs society offers to such activities. This implies that policy can influence the allocation of entrepreneurship more effectively than it can influence its supply. Historical evidence from ancient
The Theory of Economic Regulation
- The Bell Journal of Economics and Management Science
, 1971
"... The potential usex of public resources and powers to improve the economic stuius of economic groups (such as industries and occupations) are analyzed to provide a scheme of the demand for regulation. The characteristics of the political process which allow relatively small groups to obtain such regu ..."
Abstract
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Cited by 1101 (1 self)
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The potential usex of public resources and powers to improve the economic stuius of economic groups (such as industries and occupations) are analyzed to provide a scheme of the demand for regulation. The characteristics of the political process which allow relatively small groups to obtain
Information flow and cooperative control of vehicle formations.
- In Proceeings of 15th IFAC Conference,
, 2002
"... Abstract We consider the problem of cooperation among a collection of vehicles performing a shared task using intervehicle communication to coordinate their actions. We apply tools from graph theory to relate the topology of the communication network to formation stability. We prove a Nyquist crite ..."
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Cited by 551 (11 self)
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Abstract We consider the problem of cooperation among a collection of vehicles performing a shared task using intervehicle communication to coordinate their actions. We apply tools from graph theory to relate the topology of the communication network to formation stability. We prove a Nyquist
Why Do Americans Work So Much More than Europeans?”, Quarterly Review of the Federal Reserve Bank of Minneapolis,
, 2004
"... Abstract Americans now work 50 percent more than do the Germans, French, and Italians. This was not the case in the early 1970s, when the Western Europeans worked more than Americans. This article examines the role of taxes in accounting for the differences in labor supply across time and across co ..."
Abstract
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Cited by 475 (10 self)
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and the large change in relative labor supply over time.
Labor supply response to the earned income tax credit. The Quarterly
- Journal of Economics
, 1996
"... This paper examines the impact of the Tax Reform Act of 1986 (TRA86), which included an expansion of the earned income tax credit, on the labor force participation and hours of work of single women with children. We identify the impact of TRA86 by comparing the change in labor supply of single women ..."
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Cited by 396 (12 self)
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This paper examines the impact of the Tax Reform Act of 1986 (TRA86), which included an expansion of the earned income tax credit, on the labor force participation and hours of work of single women with children. We identify the impact of TRA86 by comparing the change in labor supply of single
Governance in Global Value Chains
- IDS Bulletin Special Issue on The Value of Value Chains
, 2001
"... This article builds a theoretical framework to help explain governance patterns in global value chains. It draws on three streams of literature – transaction costs economics, production networks, and technological capability and firm-level learning – to identify three variables that play a large rol ..."
Abstract
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Cited by 427 (26 self)
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role in determining how global value chains are governed and change. These are: (1) the complexity of transactions, (2) the ability to codify transactions, and (3) the capabilities in the supply-base. The theory generates five types of global value chain governance – hierarchy, captive, relational
Labor supply flexibility and portfolio choice in a life cycle model
, 1992
"... This paper examines the effect of the labor-leisure choice on portfolio and consumption decisions over an individual’s life cycle. The model incorporates the fact that individuals may have considerable flexibility in varying their work effort (including their choice of when to retire). Given this fl ..."
Abstract
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Cited by 353 (8 self)
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this flexibility, the individual simultaneously determines optimal levels of current consumption, labor effort, and an optimal financial investment strategy at each point in his life cycle. We show that labor and investment choices are intimately related. The ability to vary labor supply ex post induces
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20,725
