Russia aims to diversify its economy, thereby moving away from its dependence on oil and gas. Despite much political rhetoric, our research (European Bank for Reconstruction and Development 2012) indicates that, to date, relatively little has been achieved. Oil and gas still account for nearly 70% of total merchandise exports and around a half of the federal budget.
Simon Commander, Alexander Plekhanov, 29 January 2013
It’s not a skill mismatch: Disaggregate evidence on the US unemployment-vacancy relationship
Rand Ghayad, William Dickens, 5 January 2013
The Beveridge curve – the empirical relationship between unemployment and vacancies – is thought to be an indicator of the efficiency of the functioning of the labour market. Normally when vacancies rise, unemployment falls following a curved path that typically remains stable over long periods of time.
Who are the winners and losers from outsourcing?
Holger Görg, Ingo Geishecker, 24 September 2007
International outsourcing is a growing phenomenon in world trade, and its 30% approximate increase between 1970 and 1990 has sparked a lot of interest in recent academic literature and the business press.
Explaining women’s success: technological change and the skill content of women’s work
Sandra E. Black, Alexandra Spitz-Oener, 1 September 2007
There is a lively debate as to why the gender wage gap has closed in industrialized countries in recent decades.1 When investigating possible explanations, most research has focused on factors such as education and experience, for which changes have been more favorable for women than for men; increased labor force participation and the changing characteristics of
- A tale of two depressions: What do the new data tell us? February 2010 updateEichengreen, O’Rourke
- Educated in America: College graduates and high school dropoutsHeckman, LaFontaine
- Eurozone breakup would trigger the mother of all financial crisesEichengreen
- Panic-driven austerity in the Eurozone and its implicationsDe Grauwe, Ji
- Debt, deleveraging, and the liquidity trap: A new modelKrugman
Cadot, de Melo, 16 June 2014