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natural gas markets and presents the changes due to liberalisation. -- regulation and liberalisation in energy supply …
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In the conventional textbook demand-supply model of competitive labour markets, introduction of a minimum wage above the market-clearing level must reduce employment. Empirical findings suggest, however, that this might not always be the case, which appears to be most readily explained by...
Persistent link: https://www.econbiz.de/10010494691
A 2008-ban kitört pénzügyi válság ráirányította a figyelmet a mainstream makroökonómiára, amely a válság elõrejelzésében és magyarázatában rossz teljesítményt nyújtott. Az újklasszikus és az újkeynesi iskola közötti konszenzus eredményeként létrejött DSGE-modellek...
Persistent link: https://www.econbiz.de/10008611432
In the conventional textbook demand-supply model of competitive labour markets, introduction of a minimum wage above the market-clearing level must reduce employment. Empirical findings suggest, however, that this might not always be the case, which appears to be most readily explained by...
Persistent link: https://www.econbiz.de/10003919807
level more than 94% of enterprises operate in this form. The main goal is to bring productivity and wage rise simultaneously … its labor productivity per employee, Hungary is somewhat below the average of the Visegrád countries (Czech Republic …, Hungary, Poland and Slovakia). In the Visegrád region, the productivity of Hungarian manufacturing SMEs grew to a small extent …
Persistent link: https://www.econbiz.de/10015262085
Enabling educated individuals to work abroad entails a brain drain and results in educated unemployment at home. Because the prospect of migration raises the expected returns to higher education it also facilitates a "brain gain": a eveloping economy ends up with a higher fraction of educated...
Persistent link: https://www.econbiz.de/10005577160
Previous research on optimal R&D subsidies has focussed on the long run. This paper characterizes the optimal time path of R&D subsidization in a semi-endogenous growth model, by exploiting a recently developed numerical method. Starting from the steady state under current R&D subsidization in...
Persistent link: https://www.econbiz.de/10008498993