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growth.The major source of the LP acceleration in services industrieswas a great expansion in services industry ….As MFP is always a small number, that is a huge expansion.[...] …
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[...]In this article, we examine the wage-puzzle phenomenon ofthe 1990s. Specifically, we explore whether changes in paystructure can account for the behavior of CPH during thedecade. Labor markets have changed considerably over the pasttwenty years: workers today receive a higher portion of...
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in compulsory schooling and to explain the timing of this expansion, several areas of research have been reviewed … openness appear to be the most important determinants of the expansion of compulsory schooling. Surprisingly, there is no …
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Although industrial production and growth in Greece during the interwar periodhas attracted considerable attention, there has not been any serious challengeeither in qualitative or quantitative terms to the orthodoxy established in theperiod itself. The literature usually sees the 1920s as a...
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The new institutional economics offers a bold and simple argument for how states promoted commercial expansion in early …; the main contribution of government to commercial expansion is thus supplying the formal framework that reduces certain …
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Endlich! Die Krise ist vorbei. Die Auftragsbücher der Unternehmensind voll wie lange nicht mehr, und die Konjunkturforschungsinstituteüberbieten sich mit optimistischen Prognosen.Deutschland hat im letzten Jahr mit einem Wachstum des Bruttoinlandsproduktsum 2,7 Prozent zu seiner Rolle als...
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