Showing 1 - 8 of 8
This collaborative event was organised to coincide with International celebrations by the International Council of Societies of Industrial Design (ICSID). The panel discussion involved industrial designers from a variety of backgrounds including academics, theorists and practitioners. Each...
Persistent link: https://www.econbiz.de/10009437946
The aim of this paper is to construct theoretical models which help to shed light on the recent criticisms of volatile investment flows. We do not make any empirical attempt to establish the exisitence or gauge the importance of the adverse affects of flows in recent exchange rate crises....
Persistent link: https://www.econbiz.de/10009440114
A competitive business cycle model is developed in which internal increasing returns translate a white noise random shock into temporarily agglomerated economic activity. Te qualitative nature of the economy varies over the cycle due to changes in the underlying economic structure, giving rise...
Persistent link: https://www.econbiz.de/10009440218
We examine the effect of introducing price stickiness into a stochastic growth model subject to a cash in advance constraint. As has been previously documented the introduction of price rigidities provides a substantial source of monetary non-neutrality, leads to a strong positive correlation...
Persistent link: https://www.econbiz.de/10009440283
We examine the ability of six labour market models to account for the business cycle behaviour of UK labour markets when embedded in a stochastic growth model. WE assess the models in terms of : (i) their ability to mimic general business cycle correlations and volatility (ii) their success at...
Persistent link: https://www.econbiz.de/10009440293
We estimate a version of the Melitz and Ottaviano [Melitz, Marc J. and Ottaviano, Giannnarco I.P., 2008, Market size, trade, and productivity, Review of Economic Studies 75(l), pp. 295-316.] model of international trade with firm heterogeneity. The model is constructed to yield testable...
Persistent link: https://www.econbiz.de/10009469076
We study the employment and distributional effects of regulating (reducing) working time in a general equilibrium model with search-matching frictions. Job creation entails fixed costs, but existing jobs are subject to diminishing returns. We characterize the equilibrium in the de-regulated...
Persistent link: https://www.econbiz.de/10009458575
We study the evolution of sectoral employment and labor cost in eleven European countries in the last two decades. Our statistical approach consists in decomposing for country, industry and temporal effects. Virtual economies are constructed by filtering country effects. We find that sectoral...
Persistent link: https://www.econbiz.de/10009458576