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compression lead to large welfare losses, since wage compression creates costly unemployment among low-skilled workers. This … unemployment. …
Persistent link: https://www.econbiz.de/10005645493
This paper provides an extensive overview of the economic importance and evolution of the car manufacturing industry. In addition, it provides evidence that the car industry is still playing a vital role in process innovation. The currently widespread lean production method, under which...
Persistent link: https://www.econbiz.de/10005031924
Persistent link: https://www.econbiz.de/10009246737
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reform is modeled as a structural change inducing a permanent shift in the flexible prices unemployment and output levels …
Persistent link: https://www.econbiz.de/10005031605
Dutch media often pay a lot of attention to small and medium-sized enterprises (SMEs). They are considered to be the engine of the Dutch job industry and therefore deserve our attention. In this study we highlight the role the Dutch SMEs play in the Dutch economy. This study's first objective is...
Persistent link: https://www.econbiz.de/10005101895