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Interrelationships Between Labor and Capital Adjustment Decisions
Narazani, Edlira - EconWPA - 2004
superior management expertise that allows them to predict market fluctuations and plan the expansion and investment strategies …) adjustment and validate the use of a discrete choice modelling thereafter. Investment process occurs more smoothly than … anticipate the investment spikes by hiring one year in advance in addition to the simultaneous hiring. These firms possess a …
Persistent link: https://www.econbiz.de/10005408290
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The macroeconomics of social pacts
Acocella, Nicola; Bartolomeo, Giovanni Di; Tirelli, Patrizio - EconWPA - 2004
In this paper we analyze macroeconomic interactions among trade unions, the central bank and the fiscal policymaker. We explicitly model trade unionsconcern for public expenditure, paving the way for an analysis of the potential gains from cooperation between the fiscal policymaker and the trade...
Persistent link: https://www.econbiz.de/10005125759
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GLOBALIZATION AND GOALS: Does soccer show the way?
Milnaovic, Branko - EconWPA - 2003
there is free circulation of labor, increasing returns to scale, and endogeneity of skills, this produces on the one hand …
Persistent link: https://www.econbiz.de/10005125704
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Rates of Return to Schooling in China
Chow, Gregory C. - EconWPA - 2003
This study uses data from a 1988 survey of Chinese individuals to estimate rates of return to schooling in China. The Mincer-type rate of return to schooling was estimated at 4.02 percent in rural areas and 3.29 percent in urban areas; these are fairly low estimates compared with similar...
Persistent link: https://www.econbiz.de/10005125753
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New Labor Legislation in Montenegro – Labor Law and Proposal of the General Collective Agreement
Krsmanovic, Ana - EconWPA - 2004
A key area of focus in the economic reform process and the design of a favorable business environment is labor market … five years since the beginning of Economic reforms, the new Labor Law was passed in July 2003. This is not the only … weakness of the labor market reform; more importantly is that the new law did not actually bring any significant changes that …
Persistent link: https://www.econbiz.de/10005076510