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Econometric Studies
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Labour Economics
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Labour Markets in an Ageing Europe
The population of the European Community will fall by 2% by the year 2025. Between 1960 and 1990, it grew by 17%. This contrast reflects the dramatic growth of the population of pensioners in the total population, and also the rapid ageing of the Community's working population. In this volume, based on a CEPR conference held in Munich in April 1992, leading economists in the field assess demographic and labour market developments in Western and Eastern Europe. They compare them with developments in the USA and Japan, and assess the effects of ageing on European productivity, earnings and human capital formation. Policies to improve the quantity and quality of the labour force are considered, including incentives for female labour participation, selective immigration policies, 'pronatalist' family policies, and improved human capital formation.
Labormetrics
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Generating Jobs
The American economy is in danger of leaving its low-skilled workers behind. In the last two decades, the wages and employment levels of the least educated and experienced workers have fallen disastrously. Where willing workers once found ready employment at reasonable wages, our computerized, service-oriented economy demands workers who can read and write, master technology, deal with customers, and much else. Improved education and training will alleviate this problem in the long run, but educating the new workforce will take a substantial national investment over many years. In the meantime, we face increasingly acute questions about how to include low-skill workers in today's economy. Ge...
The Economics of Codetermination
Mixing economic theory and empirical analysis, this book tackles the economics and econometrics of codetermination, rooted in the German Mitbestimmung. The core themes are an examination of the theory and practice of co-determination at plant (work councils) and enterprise (worker directors) levels.
The Oxford Handbook of Economics and Human Biology
The Oxford Handbook of Economics and Human Biology enhances understanding of how economic conditions influence human well-being and how human health shapes such economic outcomes as wealth. The volume contains cutting-edge reviews from the major thought leaders in the field. New insights are gained into economic history, inequality, and economic development.
On the Epistemology of Data Science
This book addresses controversies concerning the epistemological foundations of data science: Is it a genuine science? Or is data science merely some inferior practice that can at best contribute to the scientific enterprise, but cannot stand on its own? The author proposes a coherent conceptual framework with which these questions can be rigorously addressed. Readers will discover a defense of inductivism and consideration of the arguments against it: an epistemology of data science more or less by definition has to be inductivist, given that data science starts with the data. As an alternative to enumerative approaches, the author endorses Federica Russo’s recent call for a variational r...
