Showing 1 - 7 of 7
The time series of various economic variables often exhibit asymmetry: decreases in the values tend to be sharp and fast, whereas increases usually occur slowly and gradually. We detect signs of an analogous asymmetry in firms’ wage setting behaviour on the basis of managerial surveys, with...
Persistent link: https://www.econbiz.de/10009640829
enforcement we study a Lindahl-equilibrium where people invest in asset portfolios and simultaneously choose to relax their … allow for optimal risk sharing as long as markets are complete, default is prevented in equilibrium and intermediaries … provide costly enforcement competitively. In equilibrium, costly enforcement translates into both agent-specific borrowing …
Persistent link: https://www.econbiz.de/10009636542
Persistent link: https://www.econbiz.de/10010343060
Persistent link: https://www.econbiz.de/10010478775
Understanding how working time is organised and how this is impacting on balance of work versus private life is of fundamental importance. This general statement is very much in accordance with the main objective of the Europe 2020 employment strategy, stating that at least 75% of the population...
Persistent link: https://www.econbiz.de/10011863911
The study suggests that the EU's eastward enlargement will be beneficial to the new members, while most EU countries will record minor welfare gains. Poland is expected to gain 3.4% of GDP, and Hungary almost 7%. The new members will experience production increases across almost all sectors,...
Persistent link: https://www.econbiz.de/10009636869
development expenditures, and 70% target on the employment rate. Using CPBu0092s general equilibrium model for the world economy … and economic growth, Lisbon agenda, general equilibrium model …
Persistent link: https://www.econbiz.de/10009637702