Monthly Archives: July 2013

How globalization prevents wage increases

It is widely believed that certain types of workers suffer from globalization since firms’ international engagement might lead to lower job security and lower bargaining power in wage negotiations. In particular, low-skilled workers are seen as the losers of globalization … Continue reading

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“Sex in Marriage is a Divine Gift” – but for whom?

High fertility rates are often seen as a major cause of persistent poverty, especially in developing countries. The reason: a rise in family size is expected to reduce the money and time that parents can invest per child. A new … Continue reading

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The youth unemployment crisis: a fix that works and pays for itself

What if I told you that a U.S. public-private initiative could reduce youth unemployment, improve the transition from school-to-careers, upgrade skills, raise wages of young adults, strengthen a young worker’s identity, increase U.S. productivity, achieve positive returns for employers and … Continue reading

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Men vote for Mars, women vote for Venus

A new IZA discussion paper by Vincenzo Galasso and Tommaso Nannicini investigates whether the degree of aggressiveness of political campaigns has a different impact on female and male voters. During the 2011 municipal elections in Milan, a sample of voters … Continue reading

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Low fast-food prices make teenagers fat

How do food prices affect body fatness of teenagers aged 12 to 18? This is the research question raised by Michael Grossman, Erdal Tekin and Roy Wada in a new IZA discussion paper. The authors use regional differences in prices … Continue reading

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And the IZA Prize goes to… Dan Hamermesh!

Daniel S. Hamermesh (University of Texas at Austin and Royal Holloway, University of London) is this year’s winner of the IZA Prize in Labor Economics. He will receive the prestigious award, worth 50,000 euros, in recognition of his fundamental contributions … Continue reading

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The ultimate resource and its allocation

Free trade and open labor markets are determinants of economic welfare. In his legendary 1981 book, the American population economist Julian Simon suggested that human beings are The Ultimate Resource. Simon died much too early in 1998, but his vision … Continue reading

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