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2003. Als alternative Funktionsformen wurden verschiedene Spezialfälle auf Basis der Translog- Produktionsfunktion … unrestringierte Translog-Produktionsfunktion neoklassischen Produktionsfunktionen vorzuziehen ist. Aufgrund der besonderen Situation ….T. irreführend, die Produktionstechnologie durch eine neoklassische Produktionsfunktion zu beschreiben. So wird für den Faktor Arbeit …
Persistent link: https://www.econbiz.de/10011143160
and across equations. We find that there are significant substitution effects btween intra- and extra-euro area imports … high volatility and leads to substitution of trade away from higher-volatility regions towards lower-volatility regions. …
Persistent link: https://www.econbiz.de/10005700730
This paper examines the impact of innovations and wages on the demand for heterogeneous labour. Based on matched data from the IAB-establishment panel survey and the files of the employment statistics register for the year 1995, input shares derived from a generalised Leontief cost function are...
Persistent link: https://www.econbiz.de/10005700936
Persistent link: https://www.econbiz.de/10005701966
Persistent link: https://www.econbiz.de/10005706644
The effects of competition on growth are analyzed in the recent literature by comparing economies with the same market structure but different degrees of substitutability. In this note, we show that in a general equilibrium model with monopolistic competition à la Dixit- Stiglitz the effect of...
Persistent link: https://www.econbiz.de/10005763546
This paper presents a general equilibrium assignment model of workers to tasks with endogenous human capital formation and multidimensionality of skills. The model has 2 key features. First, skills are endogenous and multidimensional. Second, two types of assignment occur, workers self-select...
Persistent link: https://www.econbiz.de/10005763647
Electronic money (e-money), as a network good, could become an important form of currency in the future. Such a development could affect monetary policy effectiveness. If an increased use of e-money substantially limits the demand for central bank reserves, this limitation would require changes...
Persistent link: https://www.econbiz.de/10005769222
direction of substitution of factors of production, returns to scale, bias of technical progress, concentration of monopoly … distribution. Our main apparatus of analysis is ‘production functions’ that permit variable elasticities of factor substitution and …
Persistent link: https://www.econbiz.de/10005790330
firms, elasticity of substitution between goods and degree of transparency on equilibrium prices. The main result is that …
Persistent link: https://www.econbiz.de/10005791681