Call for contributions: 38th EBES Conference, Warsaw/Poland, January 12-14, 2022. Submission deadline for abstracts is December 3, 2021!

Interested researchers are cordially invited to submit their abstracts or papers for presentation consideration. The 38th EBES Conference in Warsaw will take place on January 12-14, 2022 in Hybrid Mode (online and in-person). The event is supported by the Istanbul Economic Research Association and hosted by the Faculty of Economics Sciences, University of Warsaw. GLO & EBES are collaborating organizations.

Invited Speakers

EBES is pleased to announce that distinguished colleagues Christos Kollias, M. Kabir Hassan, Christopher A. Hartwell and Klaus F. Zimmermann will participate as keynote speakers and/or invited editors.

Christos Kollias is a Professor of Applied Economics and Acting Dean at the University of Thessaly, Greece. In his career, he has published more than 100 papers and many edited volumes and books. His papers were published in many of the leading journals such as Journal of Multinational Financial Management, Applied Economics, Applied Economics Letters, Finance Research Letters, Public Choice, Southern Economic Journal, and Journal of Business Ethics. He is currently the Editor of Defence and Peace Economics (SSCI) and a member of the Editorial Boards of Peace Economics, Peace Science and Public Policy and the Economics of Peace and Security Journal and a member of the governing body of the Network of European Peace Scientists (NEPS). His research interests include defence economics, terrorism, international political economy, and applied macroeconomics.

M. Kabir Hassan is Professor of Finance in the Department of Economics and Finance in the University of New Orleans. He currently holds two endowed Chairs-Hibernia Professor of Economics and Finance, and Bank One Professor in Business- in the University of New Orleans. Professor Hassan is the winner of the 2016 Islamic Development Bank (IDB) Prize in Islamic Banking and Finance. Professor Professor Hassan has over 383 papers published/forthcoming in refereed academic journals. Professor Hassan has also been cited as one of the most prolific authors in finance literature in the last fifty years in a paper published in Journal of Finance Literature. His publication record puts him among the top 5.6% of all authors who published in the 26 leading finance journals. He is among the top 5% authors according to number of Journal Pages at RePAC/IDEAS. Professor Hassan has been included in its 2021 edition as 2% of top scholars in the world in a study published by Standford University and Elsevier Publishing Company. Professor Hassan is the 2019 recipient of University of Louisiana System Outstanding Educator, 2019 Life-long Research Achievement Award, and 2018 UNO Nick Mueller International Leadership Medallion Winner and 2019 UL System outstanding Educator Award. Professor Hassan is the Editor-in-Chief of International Journal of Islamic and Middle Eastern Finance and Management, and Journal of Economic Cooperation and Development published by SESRIC. Professor Hassan is a member of the AAOIFI Ethics and Governance Board and Education Board. He is also an advisory Board Member of Oxford University Faith-Aligned Impact Finance Project.

Christopher A. Hartwell is currently Head of the International Management Institute at the Zurich University of Applied Sciences (ZHAW) School of Management and Law, Professor of International Management at Kozminski University in Poland, Visiting Professor at the Russian Presidential Academy of National Economy and Public Administration (RANEPA), and Fellow and former President of the Center for Social and Economic Research (CASE) in Warsaw. A leading scholar on the evolution of economic institutions. Prof. Hartwell’s interests are in institutional development, especially the interplay between financial institutions and other political and economic institutions. Over his career, Professor Hartwell has published in journals such as Journal of World Business, Global Strategy Journal, Journal of Economic Behavior & Organization, Explorations in Economic History, Journal of Comparative Economics, Regional Studies, Cambridge Journal of Economics, and Journal of Institutional Economics. Prof. Hartwell holds a PhD in Economics from the Warsaw School of Economics, a Master’s in Public Policy from Harvard, and a BA in Political Science and Economics from the University of Pennsylvania. He is also the author of Two Roads Diverge: The Transition Experience of Poland and Ukraine (Cambridge University Press, 2016) and Institutional Barriers in the Transition to Market: Examining Performance and Divergence in Transition Economies (Palgrave Macmillan, 2013).

Klaus F. Zimmermann is President of EBES; President of the Global Labor Organization (GLO); Co-Director of POP at UNU-MERIT; Full Professor of Economics at Bonn University (ret.); Honorary Professor, Maastricht University, Free University of Berlin, Renmin University of China and Lixin University; Member, German Academy of Sciences Leopoldina, Regional Science Academy, and Academia Europaea (Chair of its Section for Economics, Business and Management Sciences). Among others, he has worked at Macquarie University, the Universities of Melbourne, Princeton, Harvard, Munich, Kyoto, Mannheim, Dartmouth College and the University of Pennsylvania. Research Fellow of the Centre for Economic Policy Research (CEPR) and Fellow of the European Economic Association (EEA). Editor-in-Chief of the Journal of Population Economics. Editorial Board of International Journal of Manpower, Research in Labor Economics and Comparative Economic Studies, among others. Founding Director, Institute for the Study of Labor (IZA); Past-President, German Institute for Economic Research (DIW). Distinguished John G. Diefenbaker Award 1998 of the Canada Council for the Arts; Outstanding Contribution Award 2013 of the European Investment Bank. Rockefeller Foundation Policy Fellow 2017; Eminent Research Scholar Award 2017, Australia; EBES Fellow Award 2018. He has published in many top journals including Journal of Economic Perspectives, American Economic Review, Econometrica, Journal of the European Economic Association, Journal of Human Resources, Journal of Applied Econometrics, Public Choice, Review of Economics and Statistics, Journal of Population Economics and Journal of Public Economics. His research fields are population, labor, development, and migration.

Executive Board

Prof. Klaus F. Zimmermann, UNU-MERIT, Maastricht, and Free University Berlin
Prof. Jonathan Batten, University Utara Malaysia, Malaysia
Prof. Iftekhar Hasan, Fordham University, U.S.A.
Prof. Euston Quah, Nanyang Technological University, Singapore
Prof. John Rust, Georgetown University, U.S.A.
Prof. Dorothea Schäfer, German Institute for Economic Research DIW Berlin, Germany
Prof. Marco Vivarelli, Università Cattolica Del Sacro Cuore, Italy

Abstract/Paper Submission

Authors are invited to submit their abstracts or papers no later than December 3, 2021

For submission, please visit our website at https://ebesweb.org/38th-ebes-conference-warsaw/38th-ebes-conference-warsaw-abstract-submission/ no submission fee is required.

General inquiries regarding the call for papers should be directed to ebes@ebesweb.org.

Publication Opportunities

Qualified papers can be published in EBES journals (Eurasian Business Review and Eurasian Economic Review) or EBES proceedings books after a peer review process without any submission or publication fees. EBES journals (EABR and EAER) are published by Springer and both are indexed in the SCOPUS, EBSCO EconLit with Full Text, Google Scholar, ABS Academic Journal Quality Guide, CNKI, EBSCO Business Source, EBSCO Discovery Service, ProQuest International Bibliography of the Social Sciences (IBSS), OCLC WorldCat Discovery Service, ProQuest ABI/INFORM, ProQuest Business Premium Collection, ProQuest Central, ProQuest Turkey Database, ProQuest-ExLibris Primo, ProQuest-ExLibris Summon, Research Papers in Economics (RePEc), Institute of Scientific and Technical Information of China, Naver, SCImago, ABDC Journal Quality List, Cabell’s Directory, and Ulrich’s Periodicals Directory. In addition, while EAER is indexed in the Emerging Sources Citation Index (Clarivate Analytics), EABR is indexed in the Social Science Citation Index (SSCI) and Current Contents / Social & Behavioral Sciences.

Furthermore, the qualified papers from the conference will be published in the regular issues of Eastern European Economics (SSCI & Scopus) after a fast-track review.

Also, all accepted abstracts will be published electronically in the Conference Program and the Abstract Book (with an ISBN number). It will be distributed to all conference participants at the conference via USB. Although submitting full papers are not required, all the submitted full papers will also be included in the conference proceedings in a USB.

After the conference, participants will also have the opportunity to send their paper to be published (after a refereeing process managed by EBES) in the Springer’s series Eurasian Studies in Business and Economics (no submission and publication fees). This is indexed by Scopus. It will also be sent to Clarivate Analytics in order to be reviewed for coverage in the Conference Proceedings Citation Index – Social Science & Humanities (CPCI-SSH). Please note that the 10th, 11th, 12th, 13th, 14th, 15th, 16th, 17th, 18th, 19th, 20th (Vol. 2), 21st, 24th, and 25th EBES Conference Proceedings are accepted for inclusion in the Conference Proceedings Citation Index – Social Science & Humanities (CPCI-SSH). Other conference proceedings are in progress.

Important Dates

Conference Date: January 12-14, 2022
Abstract Submission Deadline: December 3, 2021
Reply-by: December 6, 2021*
Registration Deadline: December 17, 2021
Submission of the Virtual Presentation: December 17, 2021
Announcement of the Program: December 24, 2021
Paper Submission Deadline (Optional): December 17, 2021**
Paper Submission for the EBES journals: March 16, 2022

* The decision regarding the acceptance/rejection of each abstract/paper will be communicated with the corresponding author within a week of submission.

** Completed paper submission is optional. If you want to be considered for the Best Paper Award or your full paper to be included in the conference proceedings in the USB, after submitting your abstract before December 3, 2021, you must also submit your completed (full) paper by December 17, 2021.

Contact

Ugur Can, Director of EBES (ebes@ebesweb.org)
Dr. Ender Demir, Conference Coordinator of EBES (demir@ebesweb.org)

Conference Link

Posted in Events, News | Comments Off on Call for contributions: 38th EBES Conference, Warsaw/Poland, January 12-14, 2022. Submission deadline for abstracts is December 3, 2021!

Understanding inequality within households

A new GLO Discussion Paper documents that there are substantial inequalities within households in some contexts and that these often, but not always, disfavor women and children.

Charlotte Ringdal


GLO Discussion Paper No. 961, 2021

Understanding inequality within households Download PDF
by Almås, Ingvild & Ringdal, Charlotte & Hoem Sjursen, Ingrid

GLO Fellows Charlotte Ringdal & Ingrid Hoem Sjursen

Author Abstract: To describe and understand the economic inequality in a given so- ciety, it is necessary to understand intra-household inequality. Households can hide important inequalities, but can also be essential units for redistribution in society. This paper gives an overview of within- household distributions in different settings, both between the adults and also between adults and children. It documents that there are substantial inequalities within households in some contexts and that these often, but not always, disfavor women and children. The paper also discusses the importance of intra-household allocations for poverty and inequality measurement. Methods that assign each household member a per-adult share of household consumption leads to underestimation of inequalities and miss-classification of poverty. In comparison, structural models seem to do better in predicting individual poverty when disaggregated data on allocation within households are not available. Main determinants of power in household decision-making are also discussed, and relatedly, so are two important policy questions: Are targeted transfers to women good for female empowerment? And, are targeted transfers to mothers good for child outcomes? The empirical evidence is clearly pointing to targeting being beneficial for female empowerment, but the evidence is less clear when it comes to child outcomes.

Featured Image: Yana-Tes-unsplash

GLO Discussion Papers are research and policy papers of the GLO Network which are widely circulated to encourage discussion. Provided in cooperation with EconStor, a service of the ZBW – Leibniz Information Centre for Economics, GLO Discussion Papers are among others listed in RePEc (see IDEAS,  EconPapers)Complete list of all GLO DPs – downloadable for free.

The Global Labor Organization (GLO) is an independent, non-partisan and non-governmental organization that functions as an international network and virtual platform to stimulate global research, debate and collaboration.

Ends;

Posted in News, Research | Comments Off on Understanding inequality within households

Inequality and top incomes

A new GLO Discussion Paper reviews methodologies and literature to capture and analyze top incomes.

GLO Discussion Paper No. 959, 2021

Inequality and top incomes Download PDF
by Bartels, Charlotte & Waldenström, Daniel

GLO Fellow Charlotte Bartels

Author Abstract: This chapter comprises three main parts. The first part is about data sources, the definitions of income, and the methodologies used to estimate top income shares. Both the standard sources and methods used by the traditional top income studies are described. Further, new developments that employ new sources and estimation approaches are added, a detailed survey of the top-correction methods for surveys including reweighting and replacing top incomes is provided and approaches to align surveys, income tax data, and national accounts are contrasted. The second part of the chapter is a description of the main trends of top income shares that are the result of the previous studies. Different measures discussed in the methods section are presented and compared. The third part of the chapter surveys the literature on the determinants of top income shares. The focus of the third part is on studies that propose new methods to establish links between driving factors and top income shares.

Featured Image: christine-roy-on-unsplash

GLO Discussion Papers are research and policy papers of the GLO Network which are widely circulated to encourage discussion. Provided in cooperation with EconStor, a service of the ZBW – Leibniz Information Centre for Economics, GLO Discussion Papers are among others listed in RePEc (see IDEAS,  EconPapers)Complete list of all GLO DPs – downloadable for free.

The Global Labor Organization (GLO) is an independent, non-partisan and non-governmental organization that functions as an international network and virtual platform to stimulate global research, debate and collaboration.

Ends;

Posted in News, Research | Comments Off on Inequality and top incomes

Mental Health Consequences of Working from Home during the Pandemic

A new GLO Discussion Paper finds for South Korea that working from home affected females negatively, but not when workers live with children in the household.

GLO Discussion Paper No. 960, 2021

Mental Health Consequences of Working from Home during the Pandemic Download PDF
by Kim, Jun Hyung & Koh, Yu Kyung & Park, Jinseong

GLO Fellow Jinseong Park & GLO Affiliate Jun Hyung Kim

Author Abstract: This paper examines the effects of working from home on mental health, using unique real time survey data from South Korea collected during the COVID-19 pandemic. We find that working from home negatively affects the mental health of workers in the first half of 2020. Furthermore, we find substantial heterogeneity across gender and home environment. The negative impact of working from home is concentrated on women, and on those who are primarily responsible for housework while also maintaining market work. Surprisingly, workers who live with children in the household do not suffer from the negative effects of working from home. Our findings suggest that family-work interaction may be an important factor in the optimal design of working from home.

More research from the GLO Coronavirus Cluster: LINK

GLO Discussion Papers are research and policy papers of the GLO Network which are widely circulated to encourage discussion. Provided in cooperation with EconStor, a service of the ZBW – Leibniz Information Centre for Economics, GLO Discussion Papers are among others listed in RePEc (see IDEAS,  EconPapers)Complete list of all GLO DPs – downloadable for free.

The Global Labor Organization (GLO) is an independent, non-partisan and non-governmental organization that functions as an international network and virtual platform to stimulate global research, debate and collaboration.

Ends;

Posted in News, Research | Comments Off on Mental Health Consequences of Working from Home during the Pandemic

Race against time to save human lives during the COVID-19 with vaccines: Global evidence

A new GLO Discussion Paper shows that the number of new deaths per million significantly decreases after half of the population is vaccinated, but the number of new cases witnesses an insignificant change.

GLO Discussion Paper No. 958, 2021

Race against time to save human lives during the COVID-19 with vaccines: Global evidence Download PDF
by Nguyen, Phuc V. & Huynh, Toan L. D. & Ngo, Vu M. & Nguyen, Huan H

GLO Fellows Toan Luu Duc Huynh, Vu Ngo, Huan Huu Nguyen & GLO Affiliate Phuc Nguyen

Author Abstract: Voluminous vaccine campaigns are used globally since the COVID-19 pandemic owes devastating mortality and destructively unprecedented consequences on different aspects of economies. Notwithstanding different approaches to measure the effectiveness of COVID-19 vaccines in clinical medicines, this paper sheds new light on the efficacy of COVID-19 vaccines by using the difference-in-differences (DiD) design of 127 countries in the daily frequency from February 2020 till the end of August 2021. We show that the number of new deaths per million significantly decreases after half of the population is vaccinated, but the number of new cases witnesses an insignificant change. We found that the effects are more pronounced in Europe and North America by offering insights about different continents. Our results remain robust after using other proxies and testing the sensitivity of the vaccinated proportion, providing causality and evidence that expanding and expediting COVID-19 vaccination can save human lives.

More research from the GLO Coronavirus Cluster: LINK

GLO Discussion Papers are research and policy papers of the GLO Network which are widely circulated to encourage discussion. Provided in cooperation with EconStor, a service of the ZBW – Leibniz Information Centre for Economics, GLO Discussion Papers are among others listed in RePEc (see IDEAS,  EconPapers)Complete list of all GLO DPs – downloadable for free.

The Global Labor Organization (GLO) is an independent, non-partisan and non-governmental organization that functions as an international network and virtual platform to stimulate global research, debate and collaboration.

Ends;

Posted in News, Research | Comments Off on Race against time to save human lives during the COVID-19 with vaccines: Global evidence

GLO Virtual Seminar with Magnus Lodefalk on “New Work, Exiting Work and Artificial Intelligence”. Report & Video of the Event.

The GLO Virtual Seminar is a monthly internal GLO research event chaired by GLO Director Matloob Piracha and hosted by the GLO partner institution University of Kent. The results are available on the GLO website and the GLO News section, where also the video of the presentation is posted. All GLO related videos are also available in the GLO YouTube channel. (To subscribe go there.)

Forthcoming (GLO members & special invitations):
November 4, 2021; 1 pm London/UK: Karin Mayr-Dorn (University of Linz and GLO)
Trade diversion and labor market adjustment: Vietnam and the U.S.-China trade war

The seminar opening the Fall term was given on September 2, 2021, London/UK at 1-2 pm, by Magnus Lodefalk (Örebro University and GLO). See below a report and the full video of the seminar.

Seminar Speaker Magnus Lodefalk
GLO Director Matloob Piracha

Report

New Work, Exiting Work and Artificial Intelligence

GLO Virtual Seminar on September 2, 2021

Magnus Lodefalk (Örebro University and GLO)

Video of the Seminar.

Ends;

Posted in Events, News | Comments Off on GLO Virtual Seminar with Magnus Lodefalk on “New Work, Exiting Work and Artificial Intelligence”. Report & Video of the Event.

Optimally Targeting Interventions in Networks during a Pandemic: Theory and Evidence from the Networks of Nursing Homes in the United States

A new GLO Discussion Paper finds that laissez-faire pandemic policy is associated with an increased number of deaths in nursing homes and higher state GDP growth. In terms of the death count, laissez-faire is more harmful to nursing homes than more peripheral in the networks, those located in deprived counties, and those who work for a profit.

Guy Tchuente

GLO Discussion Paper No. 957, 2021

Optimally Targeting Interventions in Networks during a Pandemic: Theory and Evidence from the Networks of Nursing Homes in the United States Download PDF
by Pongou, Roland & Tchuente, Guy & Tondji, Jean-Baptiste

GLO Fellow Guy Tchuente

Author Abstract: This study develops an economic model for a social planner who prioritizes health over short- term wealth accumulation during a pandemic. Agents are connected through a weighted undirected network of contacts, and the planner’s objective is to determine the policy that contains the spread of infection below a tolerable incidence level, and that maximizes the present discounted value of real income, in that order of priority. The optimal unique policy depends both on the configuration of the contact network and the tolerable infection incidence. Comparative statics analyses are conducted: (i) they reveal the tradeoff between the economic cost of the pandemic and the infection incidence allowed; and (ii) they suggest a correlation between different measures of network centrality and individual lockdown probability with the correlation increasing with the tolerable infection incidence level. Using unique data on the networks of nursing and long-term homes in the U.S., we calibrate our model at the state level and estimate the tolerable COVID-19 infection incidence level. We find that laissez-faire (more tolerance to the virus spread) pandemic policy is associated with an increased number of deaths in nursing homes and higher state GDP growth. In terms of the death count, laissez-faire is more harmful to nursing homes than more peripheral in the networks, those located in deprived counties, and those who work for a profit. We also find that U.S. states with a Republican governor have a higher level of tolerable incidence, but policies tend to converge with high death count.

More research from the GLO Coronavirus Cluster: LINK

GLO Discussion Papers are research and policy papers of the GLO Network which are widely circulated to encourage discussion. Provided in cooperation with EconStor, a service of the ZBW – Leibniz Information Centre for Economics, GLO Discussion Papers are among others listed in RePEc (see IDEAS,  EconPapers)Complete list of all GLO DPs – downloadable for free.

The Global Labor Organization (GLO) is an independent, non-partisan and non-governmental organization that functions as an international network and virtual platform to stimulate global research, debate and collaboration.

Ends;

Posted in News, Research | Comments Off on Optimally Targeting Interventions in Networks during a Pandemic: Theory and Evidence from the Networks of Nursing Homes in the United States

Long-term consequences of conflict for child school achievements

A new paper published OPEN ACCESS in the Journal of Population Economics shows that an increase in family experience of conflict has large negative long-term effects on the educational attainment of children.

Cohort at risk: long-term consequences of conflict for child school achievement

by Hendrik Jürges, Luca Stella, Sameh Hallaq and Alexandra Schwarz

Published OPEN ACCESS:
Journal of Population Economics, Vol. 35 (2022), pp. 1-43. PDF

This image has an empty alt attribute; its file name is 002-Cover-Page-JPopEa.jpg

Author Abstract: We investigate the long-term effects of households’ exposure to violent conflict on children’s educational attainment in primary school, studying cognitive and non-cognitive skills as possible causal channels. Our identification strategy exploits the locality-level variation in the intensity of the Israeli-Palestinian conflict in the West Bank during the Second Intifada (2000–2005). We show that an increase in family experience of conflict has large negative long-term effects on the educational attainment of children as measured by grade point averages. We find that non-cognitive rather than cognitive skills are the channels through which exposure affects children’s educational achievement.

Number of submissions, 2010-2020
EiC Report 2020

SSCI IMPACT FACTOR 2.813 (2020) from 1.840 (2019) & 1.253 (2018)
SSCI 5-Year Impact Factor 3.318 (2020) from 2.353 (2019) & 2.072 (2018)


Journal of Population Economics
Access to the recently published Volume 34, Issue 4, July 2021. 10 articles on Covid-19 all freely accessible.

LEAD ARTICLE OF ISSUE 4, 2021:
The impact of repeated mass antigen testing for COVID-19 on the prevalence of the disease
by Martin Kahanec, Lukáš Lafférs & Bernhard Schmidpeter

OPEN ACCESS: Free ReadlinkDownload PDF

The Global Labor Organization (GLO) is an independent, non-partisan and non-governmental organization that functions as an international network and virtual platform to stimulate global research, debate and collaboration.

Ends;

Posted in News, Research | Comments Off on Long-term consequences of conflict for child school achievements

Hiring Discrimination in Labor Markets. An Experimental Study of Mood Regulation

A new GLO Discussion Paper identifies a link between mood and hiring decisions. Substantial experimental evidence suggests that discrimination based on sexual orientation and gender exists also in online labor markets.

GLO Discussion Paper No. 956, 2021

Hiring Discrimination in Labor Markets. An Experimental Study of Mood Regulation Download PDF
by Mourelatos, Evangelos

GLO Fellow Evangelos Mourelatos

Author Abstract: We explore whether there is a link between mood and hiring decisions. This research examines how positive mood affects the discrimination faced my homosexual job candidates compared to heterosexuals. Our experimental design allows us to track the complete hiring process and monitor employers’ behavior within and without our treatment context, in both online and offline labor market settings. Constructing pairs of curriculum vitae, distinguished, in each case, only by the sexual orientation or the gender of the applicants, led to the observation that females and gay men faced a significantly lower chance of getting hired regardless the labor market context. We also find that female employers propose higher levels of discrimination only for the case of female applicants. Our positive mood manipulation led to a depletion of discrimination levels, with the effects being more robust in the online labor context. Thus, there is substantial experimental evidence to suggest that discrimination based on sexual orientation and gender does exist also in online labor markets. Contributions to the hiring discrimination, mood research, and gig-economy literature are discussed.

GLO Discussion Papers are research and policy papers of the GLO Network which are widely circulated to encourage discussion. Provided in cooperation with EconStor, a service of the ZBW – Leibniz Information Centre for Economics, GLO Discussion Papers are among others listed in RePEc (see IDEAS,  EconPapers)Complete list of all GLO DPs – downloadable for free.

The Global Labor Organization (GLO) is an independent, non-partisan and non-governmental organization that functions as an international network and virtual platform to stimulate global research, debate and collaboration.

Ends;

Posted in News, Research | Comments Off on Hiring Discrimination in Labor Markets. An Experimental Study of Mood Regulation

Education Quality, Green Technology, and the Economic Impact of Carbon Pricing

A new GLO Discussion Paper suggests that investments in education quality are needed for better enabling green technological innovation and adaptation and reducing inequality that results from carbon pricing.

GLO Discussion Paper No. 955, 2021

Education Quality, Green Technology, and the Economic Impact of Carbon Pricing Download PDF
by Macdonald, Kevin & Patrinos, Harry Anthony

GLO Fellow Harry Patrinos

Harry Patrinos

Author Abstract: Carbon pricing is increasingly used by governments to reduce emissions. The effect of carbon pricing on economic outcomes as well as mitigating factors has been studied extensively since the early 1990s. One mitigating factor that has received less attention is education quality. If technological change that reduces the reliance of production on emissions is skill-biased, then carbon pricing may increase the skill premium of earnings and subsequent wage inequality; however, a more elastic skill supply through better education quality may mitigate adverse economic outcomes, including wage inequality, and enhance the effect of carbon pricing on technological change and subsequently emissions. A general equilibrium, overlapping-generations model is proposed, with endogenous skill investment in which the average skill level of the workforce can affect the need for emissions in an aggregate production function. This study uses data on industrial emissions linked to the Organisation for Economic Co-operation and Development’s Programme for International Assessment of Adult Competencies dataset for European Union countries. The findings show that, within countries, cognitive skills are positively associated with employment in industries that rely less on emissions for production and in industries that, over time, have been able to reduce their reliance on emissions for production. In the estimated general equilibrium model, higher cognitive skills reduce their reliance on emissions for production. Having higher quality education-defined as the level of cognitive skills attained by workers per unit of cost-increases the elasticity of skill supply and, as a result, mitigates a carbon tax’s economic costs including output loss and wage inequity, and enhances its effect on emissions reduction. The implication is that investments in education quality are needed for better enabling green technological innovation and adaptation and reducing inequality that results from carbon pricing.

GLO Discussion Papers are research and policy papers of the GLO Network which are widely circulated to encourage discussion. Provided in cooperation with EconStor, a service of the ZBW – Leibniz Information Centre for Economics, GLO Discussion Papers are among others listed in RePEc (see IDEAS,  EconPapers)Complete list of all GLO DPs – downloadable for free.

The Global Labor Organization (GLO) is an independent, non-partisan and non-governmental organization that functions as an international network and virtual platform to stimulate global research, debate and collaboration.

Ends;

Posted in News, Research | Comments Off on Education Quality, Green Technology, and the Economic Impact of Carbon Pricing