G2TT
来源类型Discussion paper
规范类型论文
来源IDDP3053
DP3053 Hot Markets, Investor Sentiment and IPO Pricing
Alexander Ljungqvist; Vikram Nanda; Rajdeep Singh
发表日期2001-11-11
出版年2001
语种英语
摘要A key feature of OECD economic growth since the early 1970s has been the secular decline in manufacturing?s share of GDP and the secular rise of service sectors. This Paper examines the role played by relative prices, technology, factor endowments and labour market institutions in the process of ?de-industrialization.? We find a statistically significant and quantitatively important effect of levels of educational attainment. Furthermore, the production structure responds differently to the educational attainment of men and women. Finally, countries with stronger levels of employment protection are shown to adjust more slowly to changes in prices, technology and factor endowments.
主题International Trade and Regional Economics ; Labour Economics
关键词De-industrialization Educational attainment Factor endowments Labour market institutions Specialization
URLhttps://cepr.org/publications/dp3053
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/532088
推荐引用方式
GB/T 7714
Alexander Ljungqvist,Vikram Nanda,Rajdeep Singh. DP3053 Hot Markets, Investor Sentiment and IPO Pricing. 2001.
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