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Institution

Institute for the Study of Labor

NonprofitBonn, Germany
About: Institute for the Study of Labor is a nonprofit organization based out in Bonn, Germany. It is known for research contribution in the topics: Wage & Unemployment. The organization has 2039 authors who have published 13475 publications receiving 439376 citations.
Topics: Wage, Unemployment, Earnings, Population, Productivity


Papers
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Journal ArticleDOI
TL;DR: This paper conducted a comprehensive meta-regression analysis to re-assess the empirical literature on labor demand elasticities, identifying sources of variation in the absolute value of this elasticity Heterogeneity due to the theoretical and empirical specification of the labor demand model, different datasets used or sectors and countries considered explains more than 80% of the variation in estimates.
Abstract: Firms' labor demand responses to wage changes are of key interest in empirical research and policy analysis However, despite extensive research, estimates of labor demand elasticities remain subject to considerable heterogeneity In this paper, we conduct a comprehensive meta-regression analysis to re-assess the empirical literature on labor demand elasticities Building on 942 elasticity estimates from 105 different studies, we identify sources of variation in the absolute value of this elasticity Heterogeneity due to the theoretical and empirical specification of the labor demand model, different datasets used or sectors and countries considered explains more than 80% of the variation in the estimates We further find substantial evidence for the presence of publication selection bias, as estimates of the own-wage elasticity of labor demand are upwardly inflated

125 citations

Posted Content
TL;DR: In this paper, the authors show that inequality is an important determinant of import demand, in that it augments the standard gravity model in a significant way, and they interpret this result with the aid of a model in which tastes are nonhomothetic.
Abstract: In this paper, we show that inequality is an important determinant of import demand, in that it augments the standard gravity model in a significant way. We interpret this result with the aid of a model in which tastes are nonhomothetic. Classification of products, based on the correlation between household budget shares in the US and income, into "luxuries" and "necessities," works very well in our analysis when we restrict the analysis to developed importing countries. While the imports of luxuries increase with the importing country's inequality, imports of necessities decrease with it. Furthermore, we find that an increase in the level of inequality in the importing country generally leads to an increase in imports from developed countries, and to a reduction in imports from low-income countries.

125 citations

Posted Content
TL;DR: In this paper, the effects of minimum wages on the amount of both types of training received by young workers by exploiting cross-state variation in minimum wage increases were investigated and the evidence provided considerable support for the hypothesis that higher minimum wages reduce training (especially formal training) aimed at improving skills on the current job.
Abstract: Theory predicts that minimum wages will reduce employer-provided on-the-job training designed to improve workers' skills on the current job, but may increase the amount of training that workers obtain to qualify for a job. We estimate the effects of minimum wages on the amount of both types of training received by young workers by exploiting cross-state variation in minimum wage increases. The evidence provides considerable support for the hypothesis that higher minimum wages reduce training (especially formal training) aimed at improving skills on the current job. At the same time, there is little or no evidence that minimum wages increase training undertaken to qualify for or obtain jobs. Consequently, it appears that, overall, minimum wages substantially reduce training received by young workers.

125 citations

Posted Content
TL;DR: This article examined how the Lewis model might be viewed from the perspective of economic science half a century later and found that many of the core propositions remain intact, some might be amplified and a small number might be revised.
Abstract: This paper asks how the Lewis model might be viewed from the perspective of economic science half a century later. Many of the core propositions remain intact, some might be amplified and a small number might be revised.

125 citations

Posted Content
TL;DR: In this paper, the causality between government spending and revenue for the EU in the period 1960-2006 was investigated using bootstrap panel analysis, without the need of pre-testing for unit roots.
Abstract: Using bootstrap panel analysis, allowing for cross-country correlation, without the need of pre-testing for unit roots, we study the causality between government spending and revenue for the EU in the period 1960-2006. We find spend-and-tax causality for Italy, France, Spain, Greece, and Portugal, while tax-and-spend evidence is present for Germany, Belgium, Austria Finland and the UK, and for several EU New Member States. Moreover, in the run-up to EMU there was some shifting away from a spend-and-tax strategy, implying adjustments of fiscal behaviour.

125 citations


Authors

Showing all 2136 results

NameH-indexPapersCitations
Michael Marmot1931147170338
James J. Heckman175766156816
Anders Björklund16576984268
Jean Tirole134439103279
Ernst Fehr131486108454
Matthew Jones125116196909
Alan B. Krueger11740275442
Eric A. Hanushek10944959705
David Card10743355797
M. Hashem Pesaran10236188826
Richard B. Freeman10086046932
Richard Blundell9348761730
John Haltiwanger9139338803
John A. List9158336962
Joshua D. Angrist8930459505
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Performance
Metrics
No. of papers from the Institution in previous years
YearPapers
202332
202283
2021146
2020259
2019191
2018229