Philip Lowe’s paper raises several interesting and overlapping issues which merit discussion. The experiences described for productivity in Australia have both similarities and dissimilarities with the experience of other countries. If we look at the restructuring phases in recent years in both the United Kingdom and New Zealand, for example, they are characterised by substantial increases in l...

Arguably the most important development in recent decades in US factor markets is the decline in the relative wage of the unskilled. By contrast, in Europe it is undoubtedly the rise and persistence of unemployment. Technology has been identified as a key reason for the rising US wage inequality, while labor market rigidities are often cited as a key reason for European unemployment. This paper...

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Previous research on the labor market for nurses has demonstrated rather substantial wage and employment gains for nurses during the 1980s and into the early 1990s. This paper documents the decline in real and relative wages for nurses beginning in the early 1990s. Average real wages for RNs decreased from 1993 to 1997 and, compared to college educated females, relative RN wages decreased by 2....

Free AccessImportant Keywordshttps://doi.org/10.14220/9783737013444.259SectionsPDF/EPUB ToolsAdd to favoritesDownload CitationsTrack Citations ShareShare onFacebookTwitterLinkedInRedditEmail About Previous chapter Next FiguresReferencesRelatedDetails Download book coverOsnabrücker Studien zur Jüdischen und Christlichen Bibel.Volume 8 1st editionISBN: 978-3-8471-1344-7 eISBN: 978-3-7370-1344-4Hi...

This paper uses the adoption and invention of the spinning jenny as a test case to understand why the industrial revolution occurred in Britain in the eighteenth century rather than in France or India. It is shown that wages were much higher relative to capital prices in Britain than in other countries. Calculation of the profitability of adopting the spinning jenny shows that it was profitable...

Standard neo-classical trade theory predicts that trade liberalisation should cause a fall in wage inequality in developing countries through a decrease in the relative demand for skilled labour. Recent studies of a number of developing countries, however, find evidence to the contrary. Using a panel of manufacturing firms in the 1990s we investigate whether skill-biased technological change in...