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<title>A<sc>bstract</sc> </title> This article analyses a Stackelberg differential game in which households' labour supply and fertility decisions are taken assuming husbands as leaders and wives as followers. The model solution yields the optimal number of children and labour supply of male and female. In equilibrium...
Persistent link: https://www.econbiz.de/10010974805
Workplace bullying or mobbing can be defined as the infliction of various forms of abuse (e.g., verbal, emotional, psychological) against a colleague or subordinate by one or more other members of a workplace. Even in the presence of academic tenure, workplace mobbing remains a prevalent issue...
Persistent link: https://www.econbiz.de/10011049047
Using the political-economic history of the development of telephony during the 1870s as a backdrop, this paper studies a two-player Tullock contest that includes both research effort (R&D) and legal effort (<i>i.e.</i>, rent-seeking effort). The two types of efforts complement each other and...
Persistent link: https://www.econbiz.de/10011030525
In a family context with endogenous timing, multiple public goods and alternative parental instruments, we show that the optimal timing for the sequential-action game played by rotten kids and a parent depends crucially on whether the kids are homogeneous or heterogeneous. For homogeneous kids,...
Persistent link: https://www.econbiz.de/10011615888
Previous work has documented inflation effects on Tobin's q in the long run. This paper examines whether the FED's different policies and chairmen tenure have an impact on Tobin's q, after a modified stylized AD-AS model shows that central banks affect q. We do find changing responses of q...
Persistent link: https://www.econbiz.de/10010576979
This paper proposes a simple model to classify economists according to their preferences towards quality and/or quantity of their publications. When more emphasis is placed on quantity they are defined as r-strategists. When they put more effort in the quality of their papers targeting top...
Persistent link: https://www.econbiz.de/10005009717
While a mind-altering-substance consumption alleviates current level of depression, it facilitates future depression. Our analysis incorporates this trade off and shows that the stationary state of a consistently overly ambitious sophisticated substance user is improved by impatience, and that...
Persistent link: https://www.econbiz.de/10005812444
The intertemporal substitution model of labor supply has been based on closed economy models. This paper studies the intertemporal substitution hypothesis in an open economy. It derives the long run labor supply as a function of the real wage, real interest rate and real exchange rate from a...
Persistent link: https://www.econbiz.de/10005763216
The derivation of the Balassa-Samuelson effect allows for different empirical specifications that may have important economic implications. Problems related to spurious regression could arise from the mixed order of integration of the series used and from the lack of a long run stable...
Persistent link: https://www.econbiz.de/10005763226
In this paper we address the following question: would a fully integrated world economy eliminate the widely reported decline in the terms of trade of primary commodities? We address the question by looking at the terms of trade within the US (a highly integrated economy). Our findings show two...
Persistent link: https://www.econbiz.de/10005554447