Many countries, primarily in Europe, apply dismissal protections to permanent employment contracts but not to temporary ones, creating a two-tiered labor market in which younger and less educated …
PublishedReview of Economic StudiesOnline 29 Sep 2025Published May 2026
This paper studies the effect of the Earned Income Tax Credit (EITC) on educational attainment and labor market trajectories through two complementary approaches. Using policy discontinuities at U.S.
If two countries produce the same good with the same constant-returns technology, diminishing returns imply the poorer one has the higher marginal product of capital -- and on 1988 data, US output per …