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been reversed (e.g., after wages relative to productivity have fallen). We suggest that the longer people are unemployed … due to a drop in the replacement rate or firing costs, leading to a fall in wages, (ii) hiring subsidies, and (iii …
Persistent link: https://www.econbiz.de/10003758672
proximate causes have been reversed (e.g., after wages in the highunemployment regions have fallen relative to those in the low … negotiations due to a drop in the replacement rate or firing costs, leading to a fall in wages, (ii) hiring subsidies, and (iii …
Persistent link: https://www.econbiz.de/10003775079
proximate causes have been reversed (e.g., after wages in the highunemployment regions have fallen relative to those in the low … negotiations due to a drop in the replacement rate or firing costs, leading to a fall in wages, (ii) hiring subsidies, and (iii …
Persistent link: https://www.econbiz.de/10003414301
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Persistent link: https://www.econbiz.de/10001786363
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This paper presents a new approach to the theory of the firm by identifying factor complementarities as central to the determination of the firm's boundaries. The factor complementarities, as well as economies of scale and scope. We examine the tradeoff between the gains froom these...
Persistent link: https://www.econbiz.de/10001817353
Persistent link: https://www.econbiz.de/10002006147
This paper provides a theoretical and quantitative analysis of various types of wellknown employment subsidies. Two important questions are addressed: (i) How should employment subsidies be targeted? (ii) How large should the subsidies be? We consider measures involving targeting workers with...
Persistent link: https://www.econbiz.de/10003384689