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1
Book / Working Paper
Foreign Direct Investments in Africa's Farmlands: Threat or Opportunity for Local Populations?
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occupational choice model featuring four mechanisms driving these effects. First, local farming is subject to ... land investment deals are invested to make modern inputs affordable to local farmers. Third, these ... deals cause some farmers to shift to wage employment. Fourth, they also entrench export ...

 
 
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2
Book / Working Paper
Rising Wage Inequality and Postgraduate Education
Year:                     
2011-09
Person:  Lindley, Joanne; Machin, Stephen
Institution:  Institute for the Study of Labor (IZA)
Availability:  PDF Full text PDF Full text   

This paper considers what has hitherto been a relatively neglected subject in the wage inequality ... change as measured by changes in industry computer usage and investment. Moreover, the skills sets ... driver of rising wage inequality amongst graduates over time. ...

 
 
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3
Book / Working Paper
Rising Wage Inequality and Postgraduate Education
Year:                     
2011-09
Person:  Lindley, Joanne; Machin, Stephen
Institution:  Centre for Economic Performance, LSE
Availability:  PDF Full text PDF Full text   

This paper considers what has hitherto been a relatively neglected subject in the wage inequality ... change as measured by changes in industry computer usage and investment. Moreover, the skills sets ... driver of rising wage inequality amongst graduates over time. ...

 
 
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4
Article
Behaviour of Belgian firms in the context of globalisation : lessons from the conference on “International Trade : Threats and Opportunities in a Globalised World”
Year:                     
2011
Person:  Dhyne, E.; Dresse, L.; Fuss, C.; Piette, Ch.
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international trade and foreign direct investment. The research is based on a microeconomic approach to the ... behaviour of Belgian firms, with reference to developments in the scientific literature on the subject ... exporting and foreign direct investment. Information technologies have a key role in the development of ...

 
 
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5
Book / Working Paper
Rising wage inequality and postgraduate education
Year:                     
2011
Person:  Lindley, Joanne; Machin, Stephen
Publisher:  Bonn : IZA
Availability:  Full text   

This paper considers what has hitherto been a relatively neglected subject in the wage inequality ... change as measured by changes in industry computer usage and investment. Moreover, the skills sets ... driver of rising wage inequality amongst graduates over time. -- wage inequality ; postgraduate education ...

 
 
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6
Book / Working Paper
Optimal taxation and constrained inefficiency in an infinite-horizon economy with incomplete markets
Year:                     
2010-12
Person:  Gottardi, Piero; Kajii, Atsushi; Nakajima, Tomoyuki
Institution:  Institute of Economic Research, Kyoto University
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How should capital and labor be taxed when individuals' labor income is subject to unin- surable ... markets and consider a dynamic optimal taxation problem with linear taxes on the wage and interest income ... Macroeconomics: Consumption, Saving, Production, Employment, and Investment: General (includes ...

 
 
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7
Book / Working Paper
Wage Bargaining and the Boundaries of the Multinational Firm
Year:                     
2010-06
Person:  Bas, Maria; Carluccio, Juan
Institution:  C.E.P.R. Discussion Papers
Availability:  Full text   

value chain weakens the union’s bargaining position, by limiting the amount of revenues that are subject ... the union, which enhances the firm’s incentives to invest. Since investment creates relatively more ... wage bargaining ...

 
 
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8
Book / Working Paper
Wage Bargaining and the Boundaries of the Multinational Firm
Year:                     
2010-03
Person:  Bas, Maria; Carluccio, Juan
Institution:  Centre d'études prospectives et d'informations internationales (CEPII)
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position, by limiting the amount of revenues that are subject to union extraction. The outsourcing strategy ... invest. Since investment creates relatively more value in capital-intensive industries, increases in ... Wage bargaining ...

 
 
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9
Book / Working Paper
Differences by degree : evidence of the net financial rates of return to undergraduate study for England and Wales
Year:                     
2010
Person:  Walker, Ian; Zhu, Yu
Publisher:  Bonn : IZA
Availability:  Full text   

graduates in the UK by subject studied. We use data from the recent UK Labour Force Surveys which provide a ... sufficiently large sample to consider the effects of the subject studied, class of first degree, and ... differ by subject. For men, we find very large returns for Law, Economics and Management but not for ...

 
 
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10
Book / Working Paper
How to Reform the Belgian Tax System to Enhance Economic Growth
Year:                     
2009-12-18
Person:  Høj, Jens
Institution:  Economics Department, Organisation de Coopération et de Développement Économiques (OCDE)
Availability:  Full text   

saving vehicles distorts investment decisions, hampering the reallocation of capital towards its most ... individual groups on the labour market, wage subsidies and social security contribution reductions have been ... used extensively, leading to a complex system, often poorly targeted and at times subject to ...

 
 
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11
Book / Working Paper
Wage Bargaining and the Boundaries of the Multinational Firm
Year:                     
2009-12
Person:  Bas, Maria; Carluccio, Juan
Institution:  Centre for Economic Performance, LSE
Availability:  PDF Full text PDF Full text   

value chain weakens the union's bargaining position, by limiting the amount of revenues that are subject ... the union, which enhances the firm's incentives to invest. Since investment creates relatively more ... wage bargaining ...

 
 
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12
Book / Working Paper
To Formalize or Not to Formalize? Comparisons of Microenterprise Data from Southern and East Africa
Year:                     
2009-07
Person:  Gelb, Alan; Mengistae, Taye; Ramachandran, Vijaya; Shah, Manju Kedia
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labor market as wage labor. In the latter case, investment in education or vocational training is ... theoretical model to explain this result, based on the key assumption that firms may evade taxes subject to a ...

 
 
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13
Article
Multimarket Facility Network Design with Offshoring Applications
Year:                     
2009
Person:  Lu, Lauren Xiaoyuan; Mieghem, Jan A. Van
Institution:  Institute for Operations Research and the Management Sciences - INFORMS
Availability:  Full text   

Moving production to low-wage countries may reduce manufacturing costs, but it increases logistics ... costs and is subject to foreign trade barriers, among others. This paper studies a manufacturer ... investment perspective. We analyze a firm that manufactures two products to serve two geographically ...

 
 
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14
Article
The Perspective of Pension System Reforms in the New Member States
Year:                     
2009
Person:  Festić, Mejra; Mencinger, Jože
Institution:  Vysoká Škola Ekonomická v Praze
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capital markets in New Member States, equity investment in transition economies is even more volatile than ... in the "old" capitalist countries. Privatised pension system coincides with investment risks, higher ... annuities. Namely, private sector may not provide enough investment projects to efficiently absorb mandated ...

 
 
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15
Article
Macroeconomic (in)stability under real interest rate targeting
Year:                     
2009
Person:  Chin, Chi-Ting; Guo, Jang-Ting; Lai, Ching-Chong
Publisher:  Elsevier
Published in:  Journal of Economic Dynamics and Control
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a positive fraction (including 100%) of gross investment is subject to the liquidity constraint, the ... model exhibits indeterminacy and sunspots if and only if the equilibrium wage-hours locus is positively ...

 
 
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16
Book / Working Paper
Household welfare, precautionary saving, and social insurance under multiple sources of risk
Year:                     
2009
Person:  Vidangos, Ivan
Institution:  Federal Reserve Board (Board of Governors of the Federal Reserve System)
Availability:  Full text   

income is subject to shocks associated with disability, health, unemployment, job changes, wages, work ... the wage and to the residual component of household income are significantly larger (above 1% and 2 ... Saving and investment ...

 
 
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17
Book / Working Paper
Wage bargaining and the boundaries of the multinational firm
Year:                     
2009
Person:  Bas, Maria; Carluccio, Juan
Publisher:  Centre for Economic Performance, London School of Economics and Political Science
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value chain weakens the union's bargaining position, by limiting the amount of revenues that are subject ... the union, which enhances the firm's incentives to invest. Since investment creates relatively more ... Wage bargaining and the boundaries of the multinational firm ...

 
 
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18
Book / Working Paper
Fachliche Zusammensetzung von Bildungsportfolios: Empirische Analyse eines Risk-Return Trade-Offs
Year:                     
2008-08-11
Person:  Hammen, Anke
Institution:  Institut für Arbeitsrecht und Arbeitsbeziehungen in der Europäischen Gemeinschaft <Trier>
Availability:  Open PDF Open PDF   

Subject matter and research method of business administration ... Portfolio Choice; Investment Decisions ... Wage Level and Structure; Wage Differentials ...

 
 
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19
Book / Working Paper
Self-Promoting Investments
Year:                     
2008-03-25
Person:  Pitchik, Carolyn
Institution:  University of Toronto, Department of Economics
Availability:  PDF Full text PDF Full text   

potential inefficiency in human capital investment arises. If a worker's output is observed by the labour ... self-promotion. No bond is posted in the contract that both attains efficient investment and minimizes ... the bond subject to individual rationality constraints and the zero profit condition. The contract is ...

 
 
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20
Article
Field of study choice by community college students in Canada
Year:                     
2008
Person:  Boudarbat, Brahim
Published in:  Economics of education review ; 27
Availability: 

Subject of study ... Wage structure ... Human capital investment ...

 
 
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21
Book / Working Paper
Labor-Market Volatility in the Search-and-Matching Model: The Role of Investment-Specific Technology Shocks
Year:                     
2008
Person:  Faccini, Renato; Ortigueira, Salvador
Institution:  Department of Economics, European University Institute
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Shocks to investment-specific technology have been identified as a main source of U.S. aggregate ... economy with search and matching in the labor market, where neutral and investment-specific technologies ... are subject to shocks. The three key features of our model economy are: i) Firms are large, in the ...

 
 
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22
Book / Working Paper
An optimal life insurance policy in the investment-consumption problem in an incomplete market
Year:                     
2007-12
Person:  Egami, Masahiko; Iwaki, Hideki
Institution:  arXiv.org
Availability:  Full text   Abstract 

This paper considers an optimal life insurance for a householder subject to mortality risk. The ... household receives a wage income continuously, which is terminated by unexpected (premature) loss of earning ... financial market. The problem is to determine an optimal insurance/investment/consumption strategy in order ...

 
 
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23
Book / Working Paper
Punishment Without Crime? Prison as a Worker-Discipline Device
Year:                     
2007-12
Person:  Miller, Marcus; Smith, Jennifer C
Institution:  C.E.P.R. Discussion Papers
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combined with a dictatorship wishing to maximise the ‘investible surplus’ subject to an efficiency wage ... An ‘efficiency wage’ model developed for Western economies is reinterpreted for Soviet Russia ... incentive constraint, what does it imply? That to secure resources for investment or war, consumption must ...

 
 
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24
Book / Working Paper
Das „saldenmechanische Modell“ von Fritz Helmedag und die Empirie
Year:                     
2007-06
Person:  Quaas, Georg
Institution:  Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität
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The mechanism of net balances – called “Saldenmechanik” in German – was the subject of a theory ... level comparable to the macroeconomic IS-model, but instead of specifying consumption and investment ... income; the wage-saving rate is defined as the saving of wages as a percentage of wage income. Both rates ...

 
 
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25
Book / Working Paper
To React or Not? Fiscal Policy, Volatility and Welfare in the EU-3
Year:                     
2007-02
Person:  Malley, Jim; Philippopoulos, Apostolis; Woitek, Ulrich
Institution:  Institute for Empirical Research in Economics - University of Zurich
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subject the model to productivity shocks and use either government consumption or investment to react to ... incorporates real wage rigidity which is the particular market failure justifying policy intervention. We ...

 
 
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26
Book / Working Paper
To React or Not? Fiscal Policy, Volatility and Welfare in the EU-3
Year:                     
2007-02
Person:  Malley, Jim; Philippopoulos, Apostolis; Woitek, Ulrich
Institution:  Department of Economics, Business School
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subject the model to productivity shocks and use either government consumption or investment to react to ... incorporates real wage rigidity which is the particular market failure justifying policy intervention. We ...

 
 
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27
Book / Working Paper
MACROECONOMETRIC MODELLING IN AN OIL EXPORTING COUNTRY: THE CASE OF IRAN
Year:                     
2007
Person:  Valadkhani, Abbas
Institution:  Department of Economics, University of Wollongong
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capital formation, price, wage, investment, exchange rate, unemployment, channels of distribution and ... constructed for other developing countries, only a few models have been subject to various parametric and ...

 
 
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28
Book / Working Paper
To React or Not? Fiscal Policy, Volatility and Welfare in the EU-3
Year:                     
2007
Person:  Malley, Jim; Philippopoulos, Apostolis; Woitek, Ulrich
Availability:  PDF Full text PDF Full text   

subject the model to productivity shocks and use either government consumption or investment to react to ... incorporates real wage rigidity which is the particular market failure justifying policy intervention. We ...

 
 
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29
Book / Working Paper
Constrained after college : student loans and early career occupational choices
Year:                     
2007
Person:  Rothstein, Jesse; Rouse, Cecilia Elena
Publisher:  Cambridge, Mass. : National Bureau of Economic Research
Availability: 

people make optimal educational investment decisions if they are able to finance these investments by ... Subject of study ... Wage ...

 
 
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30
Book / Working Paper
Economic growth : new directions in theory and policy
Year:                     
2007
Publisher:  Cheltenham [u.a.] : Elgar
Affiliated person:  Arestis, Philip; Baddeley, Michelle; McCombie, John S. L.
Availability:  Table of Contents 
 
Is growth theory a real subject? / Franklin M. Fisher -- What is endogenous growth theory? / Mark ... controversies in capital theory for econometric practice / Geoff C. Harcourt -- Foreign direct investment and ... wage-setting in a growth strategy for Europe / Andrew Watt -- Economic growth and beta-convergence in ...

 
 
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31
Article
Trade-related Job Loss, Wage Insurance and Externalities: An Ex Ante Efficiency Rationale for Wage Insurance
Year:                     
2007
Person:  Kaivanto, Kim
Publisher:  Wiley Blackwell
Published in:  The World Economy
Availability:  Full text   

should take, namely wage insurance, is also the subject of wide agreement. Nevertheless, the formal ... rationale for the provision of adjustment assistance in the specific form of wage insurance. Job ... ante. Wage insurance - whether publicly underwritten, privately underwritten (as in

 
 
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32
Book / Working Paper
School Drop-Out and Push-Out Factors in Brazil: The Role of Early Parenthood, Child Labor, and Poverty
Year:                     
2006-12
Person:  Cardoso, Ana Rute; Verner, Dorte
Institution:  Institute for the Study of Labor (IZA)
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pushing teenagers out of school is subject to particular attention. The potential endogeneity of some of ... instrumented using the declared reservation wage (minimum salary acceptable to work). Results indicate that ... investment in human capital ...

 
 
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33
Book / Working Paper
Self-Promoting Investments
Year:                     
2006-04-21
Person:  Pitchik, Carolyn
Institution:  University of Toronto, Department of Economics
Availability:  PDF Full text PDF Full text   

investment and minimizes the bond subject to individual rationality constraints and the zero profit condition ... potential inefficiency in human capital investment arises. If a worker's ability and investments are ... ) guarantees a minimum wage. The model predicts that, under both the spot market contract and the efficient ...

 
 
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34
Book / Working Paper
Entrepreneurial talent, occupational choice, and trickle up policies
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entrepreneurial talent is subject to private information. Untalented entrepreneurs depress the returns to ... Economic Development: Financial Markets; Saving and Capital Investment; Corporate Finance and ... wage ...

 
 
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35
Article
Macroeconometric Modelling in an Oil-Exporting Country: The case of Iran
Year:                     
2006-03-03
Person:  Valadkhani, Abbas
Publisher:  Research Online
Availability:  Full text   

capital formation, price, wage, investment, exchange rate, unemployment, channels of distribution and ... constructed for other developing countries, only a few models have been subject to various parametric and ...

 
 
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36
Book / Working Paper
Conditions for Rational Investment Short-Termism
Year:                     
2006-03-01
Person:  Christodoulakis, George A.
Institution:  Manchester Business School
Availability:  Open Website   

approach considers a context in which investment horizon is subject to randomness and its length is ... optimally choose investment projects of duration that deviates from its stated horizon objective. Our ... expected wage. Our framework derives the distribution of optimal horizon choices for which all managers ...

 
 
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37
Book / Working Paper
Optimal Monetary Policy in a Two Sector with Different Degree of Price and Wage Stickiness
Year:                     
2005-11-11
Person:  Marzo, Massimiliano; Lubik, Thomas A.
Institution:  Society for Computational Economics - SCE
Availability: 

reassess this issue in a two sector economy with capital accumulation subject to adjustment costs. Our main ... point of departure is whether the presence of different degrees of wage stickiness across sector makes a ... consumption, labor output and investment are obtained according to CES aggregator. The government collects ...

 
 
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38
Book / Working Paper
Trade and employment : stylized facts and research findings
Year:                     
2005-08-01
Person:  Hoekman; Bernard; Winters, L. Alan
Institution:  Economics Research, World Bank Group
Availability:  PDF Full text PDF Full text   

enterprises in sectors that become subject to greater import competition. Wage responses to trade and trade ... or wage impacts within sectors. This reflects a pattern of expansion of more productive firms ... general increase in wage inequality observed in both industrial and developing countries in recent decades ...

 
 
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39
Book / Working Paper
Noname - A new quarterly model for Belgium
Year:                     
2005-05
Person:  Jeanfils, Philippe; Burggraeve, Koen
Institution:  National Bank of Belgium (NBB)
Availability:  PDF Full text PDF Full text   

relatively compact. The intertemporal optimisation problem of households and firms is subject to polynomial ... -dependent wage contracting à la Dotsey, King and Wollman. Most of the equations taken individually have ... Macroeconomics: Consumption, Saving, Production, Employment, and Investment ...

 
 
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40
Book / Working Paper
Inflation Inertia- THe Role of Multiple, Interacting Pricing Rigidities
Year:                     
2004-09
Person:  Kumhof, Michael
Institution:  Hong Kong Institute for Monetary Research (HKIMR), Government of Hong Kong
Availability:  PDF Full text PDF Full text   

-looking price setting in a fully specified microfounded model. While price and wage setters are subject to ... rate and the hump-shaped responses of consumption, investment and output. To remedy this, the ... persistence in consumption, time to build investment with an initial quadratic capital stock adjustment cost ...

 
 
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41
Article
Wage Flexibility and Unemployment: The Keynesian Perspective Revisited
Year:                     
2004
Person:  Amendola, Mario; Gaffard, Jean-Luc; Saraceno, Francesco
Institution:  Scottish Economic Society
Availability:  Full text   

employment equilibrium when subject to a (negative) demand shock. He maintains that money wages cuts may not ... , wage rigidity may be necessary for avoiding that a cumulative process propels the economy far away the ... full employment equilibrium. Co-ordination failures in the investment-saving market are behind this ...

 
 
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42
Book / Working Paper
Capital accumulation and employment cycles in a model of creative destruction
Year:                     
2003
Person:  Palokangas, Tapio K.
Publisher:  Munich : Univ., Center for Economic Studies [u.a.]
Availability: 

A Schumpeterian growth model is constructed for an economy with wage bargaining. It is shown that ... the economy is subject to cycles in which capital, output and employment vary in fixed proportion ... Wage bargaining model ...

 
 
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43
Book / Working Paper
Optimal factor taxation under wage bargaining : a dynamic perspective
Year:                     
2003
Person:  Koskela, Erkki; Thadden, Leopold von
Publisher:  Munich : Univ., Center for Economic Studies [u.a.]
Availability: 

instruments for raising revenues, and ii) labour markets are subject to a static inefficiency resulting from ... wage bargaining. If considered in isolation, under broad assumptions the two distortions create ... conflicting demands on the wage tax, while calling for a zero capital tax. By combining the two distortions ...

 
 
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44
Book / Working Paper
The demand for higher education in the Netherlands 1950-'99
Year:                     
2002-08
Person:  Canton, Erik
Institution:  Centraal Planbureau (CPB), Government of the Netherlands
Availability:  PDF Full text PDF Full text   

idea that education is an investment. Collecting student enrollment data for eight subject categories ... and grants), the college premium on future labour market earnings, and the alternative wage are ...

 
 
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45
Book / Working Paper
Optimal factor taxation under wage bargaining - a dynamic perspective
Year:                     
2002
Person:  Koskela, Erkki; Thadden, Leopold von
Publisher:  Frankfurt am Main : Dt. Bundesbank
Availability: 
 
instruments for raising revenues, and ii) labour markets are subject to a static inefficiency resulting from ... wage bargaining. If considered in isolation, under broad assumptions the two distortions create ... conflicting demands on the wage tax, while calling for a zero capital tax. By combining the two distortions ...

 
 
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46
Book / Working Paper
Wage Flexibility and Unemployment: The Keynesian Perspective Revisited
Year:                     
2001
Person:  Amendola, Mario; Gaffard, Jean-Luc; Saraceno, Francesco
Institution:  Centre de recherche en Économie (OFCE), Sciences économiques
Availability:  PDF Full text PDF Full text   

employment equilibrium when subject to a (negative) demand shock. He maintains that money wages cuts may not ... , wage rigidity may be necessary for avoiding that a cumulative process propels the economy far away the ... full employment equilibrium. The consideration of co-ordination failures in the investment ...

 
 
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47
Book / Working Paper
Crowding Out and Distributional Effects of FDI Policies
Year:                     
2000-08-01
Person:  Glass, Amy Jocelyn; Saggi, Kamal
Institution:  Econometric Society
Availability:  PDF Full text PDF Full text   

country with the smallest labor supply per firm has the highest wage in the absence of foreign direct ... investment (FDI). When FDI is allowed without intervention, wages become equalized across countries. Firms ... source country. The source country subject to the larger tax would benefit from a nondiscrimination ...

 
 
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48
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ENDOGENOUS CREDIT CONSTRAINTS AND HUMAN CAPITAL FORMATION
Year:                     
2000-07-05
Person:  Monge, Alex; Lochner, Lance
Institution:  Society for Computational Economics - SCE
Availability: 

, age, and the productivity of investment all affect the maximum credit attainable by an individual ... , because they determine the likelihood that he will be willing (and able) to re-pay the loan subject to the ... , human capital of individuals (e.g. wage garnishments). Since default probabilities and the consequences ...

 
 
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49
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General Purpose Technology and Within-Group Inequality
Year:                     
2000-06
Person:  Aghion, Philippe; Howitt, Peter; Violante, Giovanni L
Institution:  C.E.P.R. Discussion Papers
Availability:  Full text   

within-group wage inequality when workers are ex-ante equal, but their adaptability to new technologies ... is subject to stochastic factors that are history dependent. It is argued that the diffusion of a GPT ... inequality is mainly transitory, and is mirrored by a rise in wage instability. The key predictions of the ...

 
 
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50
Other
Labour market outcomes in the UK, NZ, Australia and the US: observations on the impact of labour market and economic reforms
Year:                     
1999
Person:  Gregory, R.G
Availability:  Full text   

the world, accepting foreign investment and developing a free enterprise culture. As a result Myanmar ... construction of a computer model of the pre-reform economy that is then subject to the reform change and the ... growth, employment and wage outcomes in the longer term. To make the task more manageable we describe the ...

 
 
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