Essays about: "real wage convergence"
Found 3 essays containing the words real wage convergence.
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1. The Unification of Germany and Regional Economic Convergence: Evidence from Real Wage Data, 1850-1889
University essay from Lunds universitet/Ekonomisk-historiska institutionenAbstract : This thesis studies the regional development of Germany in the 19th century, examining whether there was an increased tendency toward economic convergence between the German states following the country’s unification. Through a quantitative analysis using real wage data on various German cities and regions covering the period 1850-1889, the study looks for evidence of beta-convergence both before and after the unification of 1871, as well as evidence for sigma-convergence during the whole period. READ MORE
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2. Increasingly unequal? Convergence of real wages in the EU
University essay from Lunds universitet/Nationalekonomiska institutionenAbstract : The European union has taken steps to remove obstacles for labor mobility and per neoclassical economic theory this should lead to an equalisation of the real wages through an increase in labor mobility. Real wages is an important indicator of welfare and the equalisation process is called convergence by economists. READ MORE
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3. Wage Convergence : The case of Mexico and the United States of America as a result of the North American Free Trade Agreement
University essay from Internationella HandelshögskolanAbstract : As discussed in the factor-price equalization theorem, prices, and thus wages, tend to equalize as a result of trade between two countries. The focus of this thesis is to perform a time series regression in order to evaluate whether wage convergence has taken place between Mexico and the United Sates of America due to the establishment of the North America Free Trade Agreement (NAFTA) in 1994. READ MORE