Showing 1 - 10 of 218
This paper tries to explain the declining level of public investment in OECD countries. The theoretical framework hints to the relevance of a number of demand and supply factors – ranging from the yield of public investment to institutions like the EU deficit limits. The econometric results...
Persistent link: https://www.econbiz.de/10010298102
Cultural and institutional differences among nations may result in differences in the ratios of marginal costs of goods in autarchy and thus be the basis of specialization and comparative advantage, as long as these differences are not eliminated by trade. We provide an evolutionary model of...
Persistent link: https://www.econbiz.de/10010287852
This paper focuses on two aspects being neglected in the analysis of agglomeration tendencies so far. First, it regards regional agglomeration patterns and secondly, the allocation of capital across industrial sectors. Indeed, the average relative concentration of capital turns out to be of a...
Persistent link: https://www.econbiz.de/10010297765
This paper tries to explain the declining level of public investment in OECD countries. The theoretical framework hints to the relevance of a number of demand and supply factors – ranging from the yield of public investment to institutions like the EU deficit limits. The econometric results...
Persistent link: https://www.econbiz.de/10005098130
This paper focuses on two aspects being neglected in the analysis of agglomeration tendencies so far. First, it regards regional agglomeration patterns and secondly, the allocation of capital across industrial sectors. Indeed, the average relative concentration of capital turns out to be of a...
Persistent link: https://www.econbiz.de/10005098415
We present a model that integrates the discrete working time choice of heterogenous households into a general equilibrium setting where wages are determined by sectoral bargaining between firms and trade unions. The model is calibrated to German micro and macro data. We then use it to analyse...
Persistent link: https://www.econbiz.de/10010297346
We compare two options of integrating discrete working time choice of heterogenous households into a general equilibrium model. The first, known from the literature, produces household heterogeneity through a working time preference parameter. We contrast this with a model that directly...
Persistent link: https://www.econbiz.de/10010297474
This paper presents an applied general equilibrium model for Germany. The model integrates specific labour market institutions in an otherwise standard general equilibrium framework. There are sectoral wage negotiations for two skill types of workers between firms and trade unions. The...
Persistent link: https://www.econbiz.de/10010298083
This chapter reviews options of labour market modelling in a CGE framework. On the labour supply side, two principal …
Persistent link: https://www.econbiz.de/10010307850
This study exposes a comparative treatment of the private returns to education in Palestine and Turkey over the period … Palestine. The median ratio of male to female return is 0.55 (university) in 2004 and decreased to 0.17 (high school) in 2008 in … Palestine. The corresponding figures for Turkey are 0.79 and .082 (both for high school). Finally, it was found that the …
Persistent link: https://www.econbiz.de/10010500181