Showing 1 - 9 of 9
higher electricity prices. We examine the effect from changing electricity prices on manufacturing employment. Analyzing firm … employment more than less constrained firms. This implies a potentially mitigating role for monetary policy. …
Persistent link: https://www.econbiz.de/10012511480
, employment and investment over the 2009-2012 period 1 . The sector considered embraces not only the activities directly connected … employment). Brussels Airport is the country's biggest airport in terms of passenger traffic, but has seen its leading position …. Charleroi and Liège are the fastest growing airports in terms of value added and employment. With the exception of Ostend, the …
Persistent link: https://www.econbiz.de/10011587778
We characterize optimal monetary policy in a New Keynesian search-and-matching model where multiple-worker firms satisfy demand in the short run by adjusting hours per worker. Imperfect product market competition and search frictions reduce steady state hours per worker below the efficient...
Persistent link: https://www.econbiz.de/10011589012
Using firm-level data for Belgium over the period 1997-2005, we evaluate the elasticity of firms' labour and real average labour compensation to microeconomic total factor productivity (TFP). Our results may be summarised as follows. First, we find that the elasticity of average labour...
Persistent link: https://www.econbiz.de/10011599069
programs. This paper analyses how a firm-level tax (or subsidy) on deviations from a pre-set wage norm may promote employment … such that it yields a positive employment effect. We test the effect of the norm on the wages on a sample of Polish firms …
Persistent link: https://www.econbiz.de/10011596395
represents 6 % of Belgium's domestic employment and 10.6 % of the country's gross domestic product. By means of statistical … techniques, the microeconomic impact of R&D efforts on average annual growth of value added, average annual employment growth and … has generally had a positive impact on average annual growth of value added and average annual employment growth for …
Persistent link: https://www.econbiz.de/10012039093
indirect effects. The direct effects concern the contribution made within the sector itself in terms of value added, employment … the sector through its links with the rest of the economy are estimated for the variables employment and value added. The … and 3.3% of domestic employment (expressed in full-time equivalents). The total economic importance of the logistic sector …
Persistent link: https://www.econbiz.de/10011850542
only that first-generation immigrants face a substantial employment penalty (up to -36% points) vis-à-vis their native … counterparts, but also that their descendants continue to face serious difficulties in accessing the labour market. The employment …) citizenship acquisition is associated with significantly better employment outcomes, for both EU and non-EU-born immigrants; iii …
Persistent link: https://www.econbiz.de/10012161824
investigate whether and how employment decisions of small- and medium-sized enterprises (SMEs) have been affected by credit … counterparts not facing such constraints. Yet, findings also indicate that employment consequences of credit shortages depend … detrimental for employment among SMEs experiencing a negative demand shock or facing severe product market competition. Finally …
Persistent link: https://www.econbiz.de/10011772124