This was a nationally-mandated cost of living adjustment that explicitly gave low paid workers larger relative increases than others (Erickson and Ichino, 1995). Evidence of the impact of this policy is provided by comparing Italy to other countries. There was rapid inflation from 1975 to 1983 ...
I cried when he wouldn’t let me use his tools; I didn’t accept his excuse that I might hurt myself (or that I might break them; we would have had difficulty finding money to replace them). On those shelves I found treasures — I discovered Jack London’s Call of the Wild which ...
childcare costs, and/or any other costs initiated when leaving the state of non-work. It can also refer to costs in terms of utility. This assumption might be questionable, but in Sweden, there is a relatively low variation of these costs across...
Demographics, automation and inequality have the potential to dramatically reshape our world in the 2020s and beyond. Our analysis shows that the collision of these forces could trigger economic disruption far greater than we have experienced over the past 60 years (see Figure 1). The aim of th...