This paper offers a theoretical and empirical analysis on the sources of the narrowing gender gap in wages. Based on some existing literature, the model posits that the narrowing gender gap may be related to women’s changing comparative advantage and the gender gap is smaller in occupations in which physical labor is less intensively used. The model implies that when an economy transforms from ...

The optimal design of input prices is analyzed in a simple setting where the regulator has limited knowledge of efficient production costs. Under some conditions, input prices are optimally set equal to expected efficient production costs, as under the Federal Communications Commission’s TELRIC pricing policy in the U.S. telecommunications industry. More generally, input prices optimally reflec...

This paper studies the information content of some Ifo indicators. In particular, we investigate whether two Ifo indicators, one on the current business situation, the other on current production development, provide information on revisions of German industrial production. A new feature of our analysis is the construction and use of a real-time dataset. We conclude that the Ifo indicators play...

the purpose of this research is investigation of application of the arbitrage pricing theory and effect of unanticipated changes in a set of macroeconomic variables such as inflation rate, money supply, exchange rate, oil price, term structure and industrial production on expected security return in tehran stock exchange. in this research, data are analyzed quarterly for the period of 1997-2008...

this paper extends endogenous growth models through augmenting it with government budget and oil revenues as well as the effect of public investment efficiency on long run growth of private and government consumption and import for an oil producing economy. based on the extracted model, the optimal growth rate of government current expenditure (or consumption) has a positive relation with the e...

this paper explores the importance of oil sector in providing input for economic sectors and also its changes during the last decades in iran. to that end, the partial and total forward linkage between oil sector and other domestic production sectors as well as their changes are examined using the input-output tables of the years 1986 and 2001. and also based on the information on hand, perform...

The exchange rate plays an essential role for firms which export goods and import raw materials. In this paper, the effects of real specific exchange rate fluctuations in imports, exports and aggregate trade on industry sector, chemical and transportation industries outputs in 49 OIC countries were investigated by using a panel data model over 1990-2014. Particularly, this paper presents eviden...

The Gender Gap in Early Career in Mongolia Relatively little is known about the youth labour market in general and about gender differences in Mongolia, one of the fifty poorest countries in the world. This paper addresses the issue by taking advantage of a School to Work Survey (SWTS) on young people aged 15-29 years carried out in 2006. On average, female wages are not lower than those of mal...

Employer Attitudes, the Marginal Employer and the Ethnic Wage Gap Ethnic minorities have lower wages compared to the ethnic majority in most EU-countries. However, to what extent these wage gaps are the result of prejudice toward ethnic minority workers is virtually unknown. This study sets out to examine what role prejudice play in the creation of the ethnic wage gap in one of Europe’s most eg...