The Agricultural Productivity Gap
in The Quarterly Journal of Economics
May 2014; p ublished online December 2013 .
Journal Article. Subjects: Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Urban, Rural, and Regional Economics; Economic Development; Economic Growth and Aggregate Productivity; Macroeconomics and Monetary Economics; Mobility, Unemployment, and Vacancies. 17899 words.
According to national accounts data, value added per worker is much higher in the nonagricultural sector than in agriculture in the typical country, particularly in developing countries....
Applications and Interviews: Firms’ Recruiting Decisions in a Frictional Labour Market
in The Review of Economic Studies
April 2018; p ublished online August 2017 .
Journal Article. Subjects: Information, Knowledge, and Uncertainy; Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Prices, Business Fluctuations, and Cycles; Mobility, Unemployment, and Vacancies. 19401 words.
Abstract
I develop a directed search model to study the recruitment decisions of firms competing for workers who ex post differ in two dimensions: (1) their...
The Baby Boom and World War II: A Macroeconomic Analysis
in The Review of Economic Studies
July 2015; p ublished online March 2015 .
Journal Article. Subjects: Demand and Supply of Labour; Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Demographic Economics; General Equilibrium and Disequilibrium. 22540 words.
We argue that one major cause of the U.S. post-war baby boom was the rise in female labour supply during World War II. We develop a quantitative dynamic general equilibrium model with...
Capital account openness and the labour share of income
in Cambridge Journal of Economics
May 2007; p ublished online January 2007 .
Journal Article. Subjects: Macroeconomics: Consumption, Saving, Production, Employment, and Investment; General Aggregative Models; Labour-Management Relations, Trade Unions, and Collective Bargaining; International Finance. 8695 words.
This paper investigates the relationship between capital account openness and the share of labour in national income. Employing a new index of financial openness and a cross-country panel...
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Capital accumulation and unemployment: new insights on the Nordic experience
in Cambridge Journal of Economics
November 2008; p ublished online June 2008 .
Journal Article. Subjects: Demand and Supply of Labour; Macroeconomics: Consumption, Saving, Production, Employment, and Investment. 9920 words.
This paper takes a fresh look at the analysis of labour market dynamics and argues that capital accumulation plays a fundamental role in determining unemployment movements. This role has...
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Characterising deindustrialisation: An analysis of changes in manufacturing employment and output internationally
in Cambridge Journal of Economics
May 2009; p ublished online November 2008 .
Journal Article. Subjects: Demand and Supply of Labour; Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Manufacturing; Economic Development. 13049 words.
Deindustrialisation is typically conceptualised as a decline in manufacturing as a share of total employment. From a Kaldorian perspective deindustrialisation could have negative...
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Das Human-Kapital: A Theory of the Demise of the Class Structure
in The Review of Economic Studies
January 2006; p ublished online January 2006 .
Journal Article. Subjects: Demand and Supply of Labour; Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Labour and Demographic Economics; Economic History. 17686 words.
This paper suggests that the demise of the capitalists—workers class structure was a socio-economic transformation orchestrated by the capitalists in reaction to the increasing importance...
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The effectiveness of economic policy and position in the cycle: the case of tax reductions on overtime in France
in Oxford Review of Economic Policy
July 2011; p ublished online July 2011 .
Journal Article. Subjects: Econometric and Statistical Methods and Methodology: General; Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Labour and Demographic Economics; Prices, Business Fluctuations, and Cycles; Single Equation Models; Single Variables. 6362 words.
The economic situation of all the major developed countries has changed significantly during the 2007–10 period. Yet many economic policies have been kept in place. This is true in...
The Effects of Marital Status and Children on Savings and Portfolio Choice
in The Review of Financial Studies
January 2010; p ublished online April 2009 .
Journal Article. Subjects: Economics; Insurance; Intertemporal Choice and Growth; Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Economics of Health; Demographic Economics. 23993 words.
This paper investigates the impact of demographic shocks on optimal decisions about saving, life insurance, and, most centrally, asset allocation. The analysis indicates that marital-status...
Employment and growth in Europe and the US—the role of fiscal policy composition
in Oxford Economic Papers
July 2009; p ublished online October 2008 .
Journal Article. Subjects: Demand and Supply of Labour; Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook; Economic Growth and Aggregate Productivity. 9853 words.
We construct a simple endogenous growth model to analyse the relationship between the composition of fiscal policy, economic growth and employment. The government sets different tax rates...
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