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Center for Business and Economic Research
... The outlook for compensation increases in 2009 is much worse than in the three previous years. About 53 percent of panelists expect compensation to be flat or decline in 2009; this contrasts to about 22 percent in 2008. For employees who see an increase in non-benefit compensation, it will generally ...
... The outlook for compensation increases in 2009 is much worse than in the three previous years. About 53 percent of panelists expect compensation to be flat or decline in 2009; this contrasts to about 22 percent in 2008. For employees who see an increase in non-benefit compensation, it will generally ...
full text
... 2005). Empirical studies provided evidence that the wage convergence process and GDP are interlinked; for instance, based on a panel estimation of wage elasticity in respect to GDP per capita growth in the four so-called cohesion countries in the EU, namely Greece, Ireland, Portugal and Spain, Gács ...
... 2005). Empirical studies provided evidence that the wage convergence process and GDP are interlinked; for instance, based on a panel estimation of wage elasticity in respect to GDP per capita growth in the four so-called cohesion countries in the EU, namely Greece, Ireland, Portugal and Spain, Gács ...
Effects of smart specialization on regional economic resilience in EU
... industrial performance (McCann and Ortega-Argilés, 2015). The differences in industrial performance have been explained via two broad themes. The first one originating from the differences in industrial structure where according to Mathieu and van Pottelsberghe de la Potterie (2008) European traditi ...
... industrial performance (McCann and Ortega-Argilés, 2015). The differences in industrial performance have been explained via two broad themes. The first one originating from the differences in industrial structure where according to Mathieu and van Pottelsberghe de la Potterie (2008) European traditi ...
Mankiw 6e PowerPoints
... Why per capita (Y/L) vs. per effective worker (Y/EL)? Useful in the model we will study. Over time, output and output per worker grow. Difficult to define an equilibrium value for a variable that is trending over time. Example: unemployment vs. output per worker. Therefore, while we don’ ...
... Why per capita (Y/L) vs. per effective worker (Y/EL)? Useful in the model we will study. Over time, output and output per worker grow. Difficult to define an equilibrium value for a variable that is trending over time. Example: unemployment vs. output per worker. Therefore, while we don’ ...
This PDF is a selection from an out-of-print volume from... Bureau of Economic Research
... desirable improvements from the viewpoint of linkage into a regional model of the Pacific Basin. ...
... desirable improvements from the viewpoint of linkage into a regional model of the Pacific Basin. ...
MONEY MARKET EQUILIBRIUM IN THE CZECH REPUBLIC
... The objective of this paper is the modelling of equilibrium in the domestic money market in the Czech Republic (CR), which is determined, on the one hand, by the money supply and, on the other hand, by the money demand. In terms of further development of the CR and its sustainable economic growth t ...
... The objective of this paper is the modelling of equilibrium in the domestic money market in the Czech Republic (CR), which is determined, on the one hand, by the money supply and, on the other hand, by the money demand. In terms of further development of the CR and its sustainable economic growth t ...
Economic Freedom and Fiscal Performance: A Regression Analysis
... It is often argued that economic freedom and fiscal performance are positively correlated one with another. Indeed, the argument that economic freedom drives economic prosperity lies at the center of much of the ongoing political debate in the United States as it forms neoliberal political philosoph ...
... It is often argued that economic freedom and fiscal performance are positively correlated one with another. Indeed, the argument that economic freedom drives economic prosperity lies at the center of much of the ongoing political debate in the United States as it forms neoliberal political philosoph ...
Daily Lecture and Discussion Notes - The Official Site
... A. Factors of production are resources necessary to produce what people want or need. B. Land is the society’s limited natural resources—landforms, minerals, vegetation, animal life, and climate. C. Capital is the means by which something is produced such as money, tools, equipment, machinery, and f ...
... A. Factors of production are resources necessary to produce what people want or need. B. Land is the society’s limited natural resources—landforms, minerals, vegetation, animal life, and climate. C. Capital is the means by which something is produced such as money, tools, equipment, machinery, and f ...
The comparative statics of effective demand
... defines as ‘the elasticity of output or production’. This is therefore the most general expression for the slope of the ‘aggregate supply curve’ (in wage units): it equals the inverse of the output elasticity. Under conventional (neo)classical supply-side assumptions, which Keynes accepted in the Ge ...
... defines as ‘the elasticity of output or production’. This is therefore the most general expression for the slope of the ‘aggregate supply curve’ (in wage units): it equals the inverse of the output elasticity. Under conventional (neo)classical supply-side assumptions, which Keynes accepted in the Ge ...
A Growth Path towards Full Employment
... deepened in many respects, it is in the field of the economy and ideology that it has failed to take root. In class terms, democracy benefitted those who own economic resources than the working class and the poor. Decisions about the nature and pattern of capital accumulation, social and economic po ...
... deepened in many respects, it is in the field of the economy and ideology that it has failed to take root. In class terms, democracy benefitted those who own economic resources than the working class and the poor. Decisions about the nature and pattern of capital accumulation, social and economic po ...
This PDF is a selection from an out-of-print volume from... Bureau of Economic Research Volume Title: Studies in Income and Wealth
... their units operating within the territory were included in the national or colonial economy; their units operating abroad continued to be regarded as foreign. Hence all items of income and expenditure attributable to units operating within the colony, including the value of the service of capital p ...
... their units operating within the territory were included in the national or colonial economy; their units operating abroad continued to be regarded as foreign. Hence all items of income and expenditure attributable to units operating within the colony, including the value of the service of capital p ...
LECTURE 7. Unemployment and Economic Growth
... jobs can have a large negative multiplier effect on both the local and regional economy. One person’s spending is another’s income so to lose well-paid jobs can lead to a drop in demand for local services, downward pressure on house prices and ‘second-round employment effects’ for businesses supplyi ...
... jobs can have a large negative multiplier effect on both the local and regional economy. One person’s spending is another’s income so to lose well-paid jobs can lead to a drop in demand for local services, downward pressure on house prices and ‘second-round employment effects’ for businesses supplyi ...
Microfoundations
... last period’s permanent income, the longrun consumption-income ratio just equals the short-run consumption-income ratio and the functions intersect. ...
... last period’s permanent income, the longrun consumption-income ratio just equals the short-run consumption-income ratio and the functions intersect. ...
"Business Cycle Fluctuations and the Life Cycle: How Important is On-the-Job Skill Accumulation? with Selahattin Imrohoroglu
... We …nd that introducing OJT gives steady state and business cycle properties that are essentially identical to the case without skill accumulation. LBD, on the other hand, a¤ects both sets of properties signi…cantly. In particular, the impact of learning by doing is greater when labor supply is more ...
... We …nd that introducing OJT gives steady state and business cycle properties that are essentially identical to the case without skill accumulation. LBD, on the other hand, a¤ects both sets of properties signi…cantly. In particular, the impact of learning by doing is greater when labor supply is more ...
The Theory of Employment and Unemployment
... in Nordhaus (1972), but is part of the process by which relative prices adjust to real and nominal shocks. By taking the responses on other markets as given, we assume what has not been shown, chiefly that there is a rational explanation for the persistence and duration of fluctuations (or business ...
... in Nordhaus (1972), but is part of the process by which relative prices adjust to real and nominal shocks. By taking the responses on other markets as given, we assume what has not been shown, chiefly that there is a rational explanation for the persistence and duration of fluctuations (or business ...
Why Some Double Taxation Might Make Sense: The Special Case
... Pyramidal structures include those controlled by wealthy families, individuals, governments, and widely held firms. In addition, if intercorporate cross holdings of the sort described above in connection with Japanese keiretsu are found, ‘yes’ is also entered. If none of these structures are found i ...
... Pyramidal structures include those controlled by wealthy families, individuals, governments, and widely held firms. In addition, if intercorporate cross holdings of the sort described above in connection with Japanese keiretsu are found, ‘yes’ is also entered. If none of these structures are found i ...
85079098I_en.pdf
... actually compete, their competitiveness may be reinforced if the territorial environment is conducive to this dynamic and if the enterprises, for their part, recognize the importance of being enterprises “of the territory”, whose inhabitants are entitled to some benefit, rather than enterprises “in ...
... actually compete, their competitiveness may be reinforced if the territorial environment is conducive to this dynamic and if the enterprises, for their part, recognize the importance of being enterprises “of the territory”, whose inhabitants are entitled to some benefit, rather than enterprises “in ...
On the Origin and Causes of Economic Growth
... of human capital, Ben Porath (1967), who lays out a life-cycle model of human capital accumulation (Mincer, 1971 is a special case of Ben Porath, 1967 where the post schooling investment is assumed to be linear) and Lucas (1988), who specifies an infinite horizon model of human capital accumulation ...
... of human capital, Ben Porath (1967), who lays out a life-cycle model of human capital accumulation (Mincer, 1971 is a special case of Ben Porath, 1967 where the post schooling investment is assumed to be linear) and Lucas (1988), who specifies an infinite horizon model of human capital accumulation ...
VOLUME 1, ISSUE 1, March 2016 - Oradea Journal of Business and
... “The man who lives within his income is naturally contented with his situation, which, by continual, though small accumulations, is growing better and better every day. He is enabled gradually to relax, both in the rigour of his parsimony and in the severity of his application; and he feels with dou ...
... “The man who lives within his income is naturally contented with his situation, which, by continual, though small accumulations, is growing better and better every day. He is enabled gradually to relax, both in the rigour of his parsimony and in the severity of his application; and he feels with dou ...
Can Foreign Direct Investments Influence Sri Lankan Economic
... economic growth, but in this respect he recent economic history had highlighted additional factors such as total factor productivity, international trade and foreign direct investment. As a whole, the economic integration of developing countries has increased dramatically in 1990s, consequently most ...
... economic growth, but in this respect he recent economic history had highlighted additional factors such as total factor productivity, international trade and foreign direct investment. As a whole, the economic integration of developing countries has increased dramatically in 1990s, consequently most ...
View/Open
... the future. Where external economies play a role, future returns also depend on the factor allocation decisions of other people--which in turn depend on their expectations about future earnings. As a result, expectations about regional growth can become self-fulfilling and large enough to effect cos ...
... the future. Where external economies play a role, future returns also depend on the factor allocation decisions of other people--which in turn depend on their expectations about future earnings. As a result, expectations about regional growth can become self-fulfilling and large enough to effect cos ...
Migration, remittances and economic development in Yemen Arab
... The tested hypothesis is that, in the long run, emigration of workers has an overall negative impact on the economic growth of the country as a result of economic dependency on external resources and the labor shortage that becomes a bottleneck for the developmental performance of the economy. ...
... The tested hypothesis is that, in the long run, emigration of workers has an overall negative impact on the economic growth of the country as a result of economic dependency on external resources and the labor shortage that becomes a bottleneck for the developmental performance of the economy. ...
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... Deregulation however is fundamentally about reducing and redistributing rents, leading economic players to adjust in turn to this new distribution. Thus, even if deregulation eventually proves bene¯cial, it is likely to come with both strong distribution and dynamic e®ects. The transition may imply ...
... Deregulation however is fundamentally about reducing and redistributing rents, leading economic players to adjust in turn to this new distribution. Thus, even if deregulation eventually proves bene¯cial, it is likely to come with both strong distribution and dynamic e®ects. The transition may imply ...
Gagner Casino En Ligne - Better Advances Press
... assistance aimed primarily to support market reforms and private capital flows. Official assistance has been provided by Organization for Economic Cooperation and Development (OECD) in the form of foreign aids, grants, and loans. The private flows including foreign direct investment (FDI) and intern ...
... assistance aimed primarily to support market reforms and private capital flows. Official assistance has been provided by Organization for Economic Cooperation and Development (OECD) in the form of foreign aids, grants, and loans. The private flows including foreign direct investment (FDI) and intern ...