via WHAT SHOULD TRADE NEGOTIATORS NEGOTIATE ABOUT? A REVIEW ESSAY.
#TPPA The first Paul Krugman on trade agreements that level the playing field behind the border
29 Jul 2015 2 Comments
Has there been any labour market deregulation ever in the UK, Australia or New Zealand?
29 Jul 2015 Leave a comment
in economic history, job search and matching, labour economics, labour supply, law and economics, minimum wage, politics - Australia, politics - New Zealand, politics - USA, unions Tags: Australia, British economy, employment law, employment law regulation
Major deregulations and re-regulations of the labour market in Australia and New Zealand did not move the employment protection inducts around that much in figure 1. All is been quiet on the labour market regulation front of the UK pretty much since the index was started.
Figure 1: OECD employment protection index (EPI), strictness of employment protection – individual and collective dismissals, USA, UK, Australia and New Zealand, 1990 – 2013
Source: OECD StatExtract.
The Work Choices legislation in Australia in 2006 was looked upon by the OECD as a somewhat minor deregulation not much more in scale than the deregulation introduced in 2008 with the election of the National Party led government.
Nobody told the unions that.
The occupations of the top 1% and the top 0.1%
29 Jul 2015 Leave a comment
in applied price theory, applied welfare economics, entrepreneurship, financial economics, human capital, labour economics, occupational choice Tags: CEO pay, compensating differentials, entrepreneurial alertness, top 0.1%, top 1%, top income earners, top wage earners
Page 41 from "An Illustrated Guide to Income" more economic #dataviz at: bit.ly/11v2e9k http://t.co/7Hlgk4AjZn—
Catherine Mulbrandon (@VisualEcon) May 22, 2013
Digital poverty in America is less than 3% for young adults
29 Jul 2015 Leave a comment
in economic history, economics of media and culture, politics - USA, poverty and inequality Tags: 10-90 lag, Digital poverty, technology diffusion, The Great Enrichment
15% of Americans don’t use the internet. Who are they? pewrsr.ch/1HYkSgM http://t.co/vL6uRuz5iK—
PewResearch FactTank (@FactTank) July 28, 2015
Down and out in America
28 Jul 2015 Leave a comment
in labour economics, politics - USA, poverty and inequality Tags: child poverty, family poverty, living standards, The Great Enrichment
Why next to no gender wage gap for under 45s in New Zealand?
28 Jul 2015 Leave a comment
in discrimination, economics of education, gender, human capital, labour economics, labour supply, occupational choice, politics - New Zealand Tags: gender wage gap
Figure 1: unadjusted median pay per hour by gender and age group, New Zealand, 2014
Source: New Zealand Income Survey 2014 via Human Rights Commission: Tracking Equality at Work.
Strictness of employment protections for individual dismissals – USA, UK, France, Germany and the PIGS
28 Jul 2015 1 Comment
in Euro crisis, job search and matching, labour economics, law and economics, macroeconomics Tags: British economy, employment law, employment law regulation, Eurosclerosis, France, Germany, Greece, Italy, Portugal, Spain
Much easier to fire someone in the USA or UK than on continental Europe. Greece and Spain aren’t that bad by continental European standards for employment law protections against dismissals of individuals.
Figure 1: Strictness of employment protection for individual dismissals, 2013
Source: OECD StatExtract.
Taxes on minimum wage earners across the OECD area
28 Jul 2015 Leave a comment
in labour economics, labour supply, politics - Australia, politics - New Zealand, politics - USA, welfare reform Tags: earned income tax credits, family tax credits, in-work tax credits, taxation and the labour supply
#MinimumWage shd be combined w/ #tax policies to help both workers & their employers; see bit.ly/1KfRNOB http://t.co/8klfJXmY4s—
(@OECD) July 25, 2015
More evidence on the rise and rise of the working super rich – the top income earners are top wage earners now
28 Jul 2015 Leave a comment
in economic history, economics of education, entrepreneurship, financial economics, human capital, labour supply, occupational choice, politics - USA Tags: creative destruction, entrepreneurial alertness, top 1%, top income earners, top wage earners
Page 47 from "An Illustrated Guide to Income" more economic #dataviz at: bit.ly/10QWgyR http://t.co/d1dhSYKWDC—
Catherine Mulbrandon (@VisualEcon) June 03, 2013
Down and out in America in 2009
28 Jul 2015 Leave a comment
in applied welfare economics, labour economics, politics - USA, population economics, poverty and inequality Tags: living standards, The Great Enrichment
The gender wage gap by educational attainment
28 Jul 2015 Leave a comment
in discrimination, economics of education, gender, human capital, labour economics, occupational choice Tags: College premium, education premium, gender wage gap
Men's and Women's Earnings by Education (Ph'Ds are the most equal) bit.ly/153m9jZ http://t.co/IPfT15Qwiz—
Catherine Mulbrandon (@VisualEcon) September 03, 2013
Average effective retirement age by gender in the PIGS, 1970 – 2012
27 Jul 2015 Leave a comment
in currency unions, economic history, Euro crisis, fiscal policy, labour economics, labour supply Tags: ageing society, demographics crisis, economics of retirement, female labour force participation, Greece, Italy, male labour force participation, old age pensions, older workers, Portugal, social insurance, Social Security, Spain, taxation and labour supply
Figure 1 shows a relatively distinct pattern for men in the PIGs. Portugal aside, there has been a long decline retirement ages. This is different to the Anglo-Saxon countries where effective retirement ages have been increasing in recent years for men.
Figure 1: average effective retirement age (5-year averages), men, Portugal, Italy, Greece and Spain, 1970 – 2012
Source: OECD Pensions at a Glance.
Figure 2 shows that apart from Greece, that after a long decline in female effective retirement ages, there was something the rebound, especially in Italy and Portugal. In Greece, the rebound was in the 80s, followed by a resumption of decline from the mid 90s.
Figure 2: average effective retirement age (5-year averages), women, Portugal, Italy, Greece and Spain, 1970 – 2012
Source: OECD Pensions at a Glance.
Why did the top 1% only pick on men in the great wage stagnation?
27 Jul 2015 Leave a comment
in discrimination, economic history, gender, labour economics Tags: middle class stagnation, reversing gender gap, top 1%, wage stagnation
Average & median incomes diverged more for men than for women as income inequaltiy grew bit.ly/16XXzQq http://t.co/Tp0IAXqxH8—
Catherine Mulbrandon (@VisualEcon) August 20, 2013
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