New Economics Papers
on Business, Economic and Financial History
Issue of 2007‒01‒06
three papers chosen by



  1. Workplace Industrial Relations in Britain, 1980-2004 By David G. Blanchflower; Alex Bryson; John Forth
  2. Goal-Independent Central Banks: Why Politicians Decide to Delegate By Christopher W. Crowe
  3. Well-Being Throughout the Senior Years: An Issues Paper on Key Events and Transitions in Later Life By Margaret Denton; Karen Kusch

  1. By: David G. Blanchflower (Dartmouth College, NBER, Bank of England and IZA Bonn); Alex Bryson (Policy Studies Institute and Centre for Economic Performance); John Forth (National Institute of Economic and Social Research)
    Abstract: There was a time before the first Workplace Industrial Relations Survey (WIRS80) in 1980 when what we knew of industrial relations was based primarily upon small scale surveys and case studies. WIRS80 marked a radical departure in the study of industrial relations for two reasons. First, following in the footsteps of a small number of survey forerunners, it sought to ‘map’ industrial relations in Britain with nationally-representative large-scale surveys of workplace managers, thus permitting investigation of the incidence of practices and changes over time. Second, it focused on industrial relations institutions and outcomes, linking them to the processes of industrial relations that had been the chief focus of studies up until that point. This paper reflects on some of what we have learned in the five surveys over the quarter century since 1980, focusing selectively on the demise of collective IR, pay determination, union wage effects, variable pay, the climate of employment relations and union effects on employment growth.
    Keywords: trade unions, wages, employment, growth
    JEL: J51
    Date: 2006–12
    URL: http://d.repec.org/n?u=RePEc:iza:izadps:dp2518&r=his
  2. By: Christopher W. Crowe
    Abstract: A motivation for central bank independence (CBI) is that policy delegation helps politicians manage diverse coalitions. This paper develops a model of coalition formation that predicts when delegation will occur. An analysis of policy preferences survey data and CBI indicators supports the predictions. Case studies, drawn from several countries' recent past and the nineteenth-century United States, provide further support. Finally, the model explains why the expected negative relationship between CBI and inflation is not empirically robust: endogenous selection biases the estimated effect towards zero. The data confirm this.
    Keywords: Central bank independence , inflation , coalition formation , treatment effects , Central banks , Inflation , Political economy ,
    Date: 2006–11–17
    URL: http://d.repec.org/n?u=RePEc:imf:imfwpa:06/256&r=his
  3. By: Margaret Denton; Karen Kusch
    Abstract: Social Development Canada’s mission is “to strengthen Canada’s social foundations by supporting the well-being of individuals, families and communities and their participation through citizen focused policies, programs and services” (Social Development Canada 2005a). Well-being is a concept that goes beyond good health to encompass physical and mental fitness as well as social fitness (being able to perform one’s social roles and the demands of everyday living adequately). As people age, they experience a number of transitions in their lives. They may retire, change residence, loose a spouse, become a caregiver, and/or develop a health problem or disability. These transitions, especially when they occur around the same time, may impact on their well-being and independence and prevent them from being contributing members of society. This paper summarizes the research on what we currently know about the key events and transitions experienced by seniors, their impacts, and the resources seniors have or need to successfully cope with these events throughout the senior years. It will also review what we know about opportunities, gaps or barriers in accessing social support programs and service delivery designed to assist seniors in coping successfully with adverse events and life transitions. Issues to be considered include availability, access and costs of community support and home health care services. Finally, the paper will attempt to provide potential policy research directions to address current knowledge gaps. This is an extensive literature, and we have limited the scope by focusing on the last 10 years of Canadian research published in Journals and by Statistics Canada. We have favored research based on national studies in this review, though there are many excellent case studies and qualitative studies that add texture to our knowledge. Recognizing that the senior population is a very heterogeneous group, this review will examine (where the research permits) differences by senior life-course stages, and other target groups such as women, the disabled, visible minority, immigrants, Aboriginal peoples, sub-regions, low income, and persons living alone. This review of the literature has shown that while we have basic information about many of the transitions in seniors’ lives, there is very little information about the various life course stages or about various sub groups of society.
    Keywords: health and well-being, retirement, marital transitions, care-giving, homecare
    JEL: I10 J12 J14 J26
    Date: 2006–12
    URL: http://d.repec.org/n?u=RePEc:mcm:qseprr:411&r=his

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