Showing 1 - 10 of 38
Persistent link: https://www.econbiz.de/10011624493
In this paper, we examine the empirical relationship between current account balance and output volatility in a panel data framework using annual data from 185 countries over the period from 1950 to 2010. In our static panel data analysis, we find that a larger current account deficit is...
Persistent link: https://www.econbiz.de/10010737994
The Walrasian theory of labor market equilibrium predicts that in the absence of any market frictions, workers earn a wage rate equal to their marginal productivity. In this paper, based on the neoclassical tradition, the authors define the ratio of the marginal product of labor to real wages as...
Persistent link: https://www.econbiz.de/10010954753
The Walrasian theory of labor market equilibrium predicts that in the absence of any market frictions, workers earn a wage rate equal to their marginal productivity. In this paper, based on the neoclassical tradition, the authors define the ratio of the marginal product of labor to real wages as...
Persistent link: https://www.econbiz.de/10009742947
Persistent link: https://www.econbiz.de/10014226023
Persistent link: https://www.econbiz.de/10013329521
In this paper, we use a two-period one-to-one matching model with incomplete information to examine the effect of changes in divorce costs on marital dissolution. Each individual who has a nontransferable expected utility about the quality of each potential marriage decides whether to marry or...
Persistent link: https://www.econbiz.de/10009754874
Persistent link: https://www.econbiz.de/10011997753
Persistent link: https://www.econbiz.de/10011797706
Persistent link: https://www.econbiz.de/10012313849