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Do Market Pressures Induce Economic Efficiency: The Case of Slovenian Manufacturing, 1994-2001

Orazem, Peter F.; Vodopivec, Milan - 2003

The Slovenian transition represents a slow but steady liberalization of constraints on competition. Using a unique longitudinal data set on all manufacturing firms in Slovenia over the period 1994-2001, this study analyzes how firm efficiency changed in response to changing competitive...

Persistent link: https://www.econbiz.de/10010261614

Exchange Rate Volatility and Employment Growth : Empirical Evidence from the CEE Economies

Belke, Ansgar; Setzer, Ralph - 2004

According to the traditional 'optimum currency area' approach, not much will be lost from a very hard peg to a currency union if there has been little reason for variations in the exchange rate. This paper takes a different approach and highlights the fact that high exchange rate volatility may...

Persistent link: https://www.econbiz.de/10010261804

Reforms and Productivity Dynamics in Chinese State-Owned Enterprises

McGoldrick, Peter; Walsh, Patrick Paul - 2004

Institutional change has taken place gradually since 1978 for State-Owned Enterprises (SOEs) in the Industrial Sector of China. In this paper we estimate the effect of deep reform (the right to hire and fire labour, buy and sell capital and operate on international markets) on the productivity...

Persistent link: https://www.econbiz.de/10010261956

Labour supply and taxes: New estimates of the responses of wives to husbands' wages

Dostie, Benoit; Kromann, Lene - 2012

In this paper, we estimate income- and substitution- labour supply and participation elasticities for Canadian married … how the magnitude of the estimated elasticities varies depending on whether net or gross wages and income are used in the … rates vary significantly over the sample, we use quantile regressions to compare elasticities at different points of the …

Persistent link: https://www.econbiz.de/10010282396

Pay and Productivity in a Corporatist Economy: Evidence from Austria

Fuess, Jr. Scott M.; Millea, Meghan - 2001

Conventional theory predicts that productivity gains lead to hikes in real pay. Efficiency wage theory hypothesizes that pay increases can lead to productivity improvements. But would such results be observed in a corporatist economy with centralized bargaining? For the case of Austria, a...

Persistent link: https://www.econbiz.de/10010262451

Employment Adjustment in Portugal: Evidence from Aggregate and Firm Data

Addison, John T.; Teixeira, Paulino - 2001

This paper examines the pattern of employment adjustment in Portugal. First, the issue is addressed using a long time series of aggregate data. Although the employment data show persistence, there is nonetheless a fairly rapid rate of employment adjustment. Second, a much shorter time series of...

Persistent link: https://www.econbiz.de/10010262595

Google econometrics and unemployment forecasting

Askitas, Nikolaos; Zimmermann, Klaus F. - 2009

The current economic crisis requires fast information to predict economic behavior early, which is difficult at times of structural changes. This paper suggests an innovative new method of using data on internet activity for that purpose. It demonstrates strong correlations between keyword...

Persistent link: https://www.econbiz.de/10010269318

On the role of sectoral and national components in the wage bargaining process

Dreger, Christian; Reimers, Hans-Eggert - 2010

This paper provides an empirical analysis on the determination of wages at the sectoral level in main industrial economies. Nominal wages are bargained between labour unions and employers in imperfect competitive markets, where spillovers across sectors might occur. Using a principal component...

Persistent link: https://www.econbiz.de/10010269817

Disentangling Pay and Productivity in a Corporatist Economy: The Case of Germany

Fuess, Jr. Scott M.; Millea, Meghan - 2002

Conventional theory predicts that productivity gains lead to pay hikes. Pay increases, however, can influence labor productivity. But what about in a corporatist economy? Focusing on Germany, we use an innovative technique developed by Geweke to disentangle the relationship between pay and...

Persistent link: https://www.econbiz.de/10010273751

Dynamic evaluation of job search assistance

Kastoryano, Stephen; van der Klaauw, Bas - 2011

This paper evaluates a job search assistance program for unemployment insurance recipients. The assignment to the program is dynamic. We provide a discussion on dynamic treatment effects and identification conditions. In the empirical analyses we use administrative data from a unique...

Persistent link: https://www.econbiz.de/10010274574