Search Results - subject:"elasticity of substitution"

Real Effective Exchange Rate and the Constant Elasticity of Substitution Assumption

Spilimbergo, Antonio - 2011

Persistent link: https://www.econbiz.de/10013117573

Substitution between Immigrants, Natives, and Skill Groups

Borjas, George J. - 2011

The wage impact of immigration depends crucially on the elasticity of substitution between similarly skilled immigrants … and natives and the elasticity of substitution between high school dropouts and graduates. This paper revisits the …

Persistent link: https://www.econbiz.de/10013119968

The Frisch Elasticity in the Mercosur Countries : A Pseudo-Panel Approach

González, Roberto - 2011

This paper provides estimates for the Mercosur countries of the Frisch elasticity – i.e., the elasticity of … substitution between worked hours and real wages holding constant the marginal utility of wealth. We find a strong heterogeneity …

Persistent link: https://www.econbiz.de/10013120132

Factor Shares, the Price Markup, and the Elasticity of Substitution between Capital and Labor

Raurich, Xavier - 2011

the product market, and provides estimates of the elasticity of substitution under such product market imperfections. We … focus on Spain and the U.S. and show that the elasticity of substitution is above one in Spain and below one in the U.S. We … also show that the price markup drives the elasticity of substitution away from one, upwards in Spain, downwards in the U …

Persistent link: https://www.econbiz.de/10013120133

Firm Formation with Complementarities : The Role of the Entrepreneur

Roessler, Christian - 2011

We model entrepreneurship and the emergence of firms as a result of simultaneous bidding for labor services among heterogeneous agents. Unique to our approach is that occupational choices, job matching and organizational forms are determined simultaneously, so that the opportunity costs of...

Persistent link: https://www.econbiz.de/10013120909

Temporary Employment, Job Flows and Productivity : A Tale of Two Reforms

Cappellari, Lorenzo - 2011

We investigate the effects of two reforms of temporary employment using panel data on Italian firms. We exploit variation in their implementation across regions and sectors for identification. We find that the reform of apprenticeship contracts increased job turnover and induced the substitution...

Persistent link: https://www.econbiz.de/10013122251

Armington Elasticities : Estimates for Uruguayan Manufacturing Sectors

Flores, Manuel - 2011

Armington elasticities of substitution – AEs – are a crucial set of parameters that allows CGEMs applied to trade to be operational. In the case of Uruguay, no estimated values for these parameters have been available until now, forcing researchers to impose them arbitrarily. We here start...

Persistent link: https://www.econbiz.de/10013126120

Armington Elasticities Estimates for Uruguayan Manufacturing Sectors

Flores, Manuel - 2011

The high degree of openness of the Uruguayan economy and the fact that the country is characterised by being constantly subject to shocks, strongly suggest the use of simulation tools that allow for predicting its future evolution under different scenarios. Currently, Computable General...

Persistent link: https://www.econbiz.de/10013126123

The Elasticity of Substitution in Demand for Non-Tradable Goods in Costa Rica

Arce, Gilberto E. - 2011

-2001), this paper estimates the elasticity of substitution in demand for non-tradable goods in Costa Rica. The unit root and … cointegration properties of the time series are tested, and then controlling for exogenous variables, the elasticity of substitution …

Persistent link: https://www.econbiz.de/10013126737

The Elasticity of Substitution in Demand for Non-Tradable Goods in Bolivia

Daza, Gover Barja - 2011

This paper uses a CES function to estimate the constant elasticity of substitution in consumption for non …

Persistent link: https://www.econbiz.de/10013126738