research paper series Research Paper 2006/26
... groups. In a benchmark case with identical costs of entering domestic and foreign markets, there are gains from trade accompanied by distributional conflicts, which have so far not been accounted for in the literature: a simultaneous increase of average profits and involuntary unemployment as well a ...
... groups. In a benchmark case with identical costs of entering domestic and foreign markets, there are gains from trade accompanied by distributional conflicts, which have so far not been accounted for in the literature: a simultaneous increase of average profits and involuntary unemployment as well a ...
What explains the German labor market miracle in the Great
... (graph A), the 2008-2009 recession was unusually severe. By comparison, GDP declined by 2.4 percent from peak to trough in the 1973-1975 recession, little more than a third of the 2008-2009 decline. Conversely, as shown in graph B, the virtual absence of any employment decline in 20082009 is also u ...
... (graph A), the 2008-2009 recession was unusually severe. By comparison, GDP declined by 2.4 percent from peak to trough in the 1973-1975 recession, little more than a third of the 2008-2009 decline. Conversely, as shown in graph B, the virtual absence of any employment decline in 20082009 is also u ...
Structural and Cognitive Antecedents to Middle
... even though individual firms may change very little. Population shifts occur over time as unfit firms are replaced by those that are more closely aligned with their environments. Organizational ecology theory holds that organizational change is difficult, costly, and time consuming and that it carri ...
... even though individual firms may change very little. Population shifts occur over time as unfit firms are replaced by those that are more closely aligned with their environments. Organizational ecology theory holds that organizational change is difficult, costly, and time consuming and that it carri ...
NBER WORKING PAPER SERIES DYNAMIC BEHAVIOR OF IMPERFECTLY COMPETITIVE ECONOMIES WITH MULTIPLE EQUILIBRIA
... responses by players for these priors provides an initial vector of actions. The tracing procedure then selects an equilibrium by moving along a path from this initial vector of actions to the set of equilibria for the given game as ...
... responses by players for these priors provides an initial vector of actions. The tracing procedure then selects an equilibrium by moving along a path from this initial vector of actions to the set of equilibria for the given game as ...
Who Works for Whom? Worker Sorting in a Model of Entrepreneurship ∗
... entrepreneurial sector. First, the model generates a lower wage per unit of worker efficiency, as well as lower average worker earnings, in the entrepreneurial sector relative to the corporate sector. This difference is consistent with the observed firm age-worker earnings premium. In the model, highe ...
... entrepreneurial sector. First, the model generates a lower wage per unit of worker efficiency, as well as lower average worker earnings, in the entrepreneurial sector relative to the corporate sector. This difference is consistent with the observed firm age-worker earnings premium. In the model, highe ...
High-tech Enterprise R&D Integrated Financial Management Mechanism and Operation
... up the turnover of capital, reduces cost, use of personnel, promote the business enterprise technique innovation, opening and competition, thereby obtaining the external scale economy effect. In order to cooperate with industry of new and high technology zone enterprises truly realize the agglomerat ...
... up the turnover of capital, reduces cost, use of personnel, promote the business enterprise technique innovation, opening and competition, thereby obtaining the external scale economy effect. In order to cooperate with industry of new and high technology zone enterprises truly realize the agglomerat ...
advantages and disadvantages of the strategic management
... among othersy. Most organizations can afford to pursue only a few corporate level strategies at any given time. It is a critical mistake for manger to pursue too many strategies simultaneously, thereby spreading the firm’s resources so thin that all strategies are jeopardized. Joseph Charyk, CEO of ...
... among othersy. Most organizations can afford to pursue only a few corporate level strategies at any given time. It is a critical mistake for manger to pursue too many strategies simultaneously, thereby spreading the firm’s resources so thin that all strategies are jeopardized. Joseph Charyk, CEO of ...
Vertical Multinationals, Industry Characteristics, and Endogenous Technology Spillover
... the host economy usually arises. On the other hand, vertical multinationals involve trade-off between cost of producing whole process in source country and cost of breaking up the vertical production structure. The effects of horizontal and vertical multinational firms can be different in many aspec ...
... the host economy usually arises. On the other hand, vertical multinationals involve trade-off between cost of producing whole process in source country and cost of breaking up the vertical production structure. The effects of horizontal and vertical multinational firms can be different in many aspec ...
Class Conflict and the Cambridge Theory of
... for which the goods market clears (i.e. investment-saving balance holds), and for which the pro…t share and pro…t rate are consistent with the microeconomic pricing decisions of …rms given a level of product market competition. The (u; r) solution in turn allows determination of mark-up, m from m = ...
... for which the goods market clears (i.e. investment-saving balance holds), and for which the pro…t share and pro…t rate are consistent with the microeconomic pricing decisions of …rms given a level of product market competition. The (u; r) solution in turn allows determination of mark-up, m from m = ...
Kirn-post_fordism_and_its discontents
... reorganization of the capitalist mode of production, there was also a major change in the theoretical field. The critical approach to the field of the political economy had always been internally linked to the project of Marx, but in the last decades many progressive and revolutionary thinkers aband ...
... reorganization of the capitalist mode of production, there was also a major change in the theoretical field. The critical approach to the field of the political economy had always been internally linked to the project of Marx, but in the last decades many progressive and revolutionary thinkers aband ...
Institutions and Structural Unemployment: Do Capital Markets Matter
... Germany has voted this fall and the old government happens to stay in office albeit only by a very small margin. This outcome was certainly surprising for political economists who believe that voters are strongly influenced by economics in their voting decision considering the poor economic record o ...
... Germany has voted this fall and the old government happens to stay in office albeit only by a very small margin. This outcome was certainly surprising for political economists who believe that voters are strongly influenced by economics in their voting decision considering the poor economic record o ...
The Effects of Artificial Intelligence and Robotics on Business and
... This study presents evidence on the attitude of firms regarding artificial intelligence (AI), robotics, and Big Data, ―sometimes referred to as the “Fourth Industrial Revolution”―as well as their views in respect to the impacts that these new technologies may have on future business and employment. ...
... This study presents evidence on the attitude of firms regarding artificial intelligence (AI), robotics, and Big Data, ―sometimes referred to as the “Fourth Industrial Revolution”―as well as their views in respect to the impacts that these new technologies may have on future business and employment. ...
Contemporary Capitalism
... Communist Manifesto, Marx and Engels contend that capitalism spreads through imitation and emulation – the bourgeoisie fashioning a “world after its own image” (Marx 1998, p.40). The appeal to developments in ‘contemporary capitalism’ make the point that the remaking capitalism never stops, and comp ...
... Communist Manifesto, Marx and Engels contend that capitalism spreads through imitation and emulation – the bourgeoisie fashioning a “world after its own image” (Marx 1998, p.40). The appeal to developments in ‘contemporary capitalism’ make the point that the remaking capitalism never stops, and comp ...
Jobless Recoveries and the Wait-and-See Hypothesis
... Businesses might, however, have trouble observing business conditions, even in their own industries. In such cases, aggregate employment, as measured by a frequently released government indicator, can signal what other firms are doing, based on their own views of business conditions. If payrolls shr ...
... Businesses might, however, have trouble observing business conditions, even in their own industries. In such cases, aggregate employment, as measured by a frequently released government indicator, can signal what other firms are doing, based on their own views of business conditions. If payrolls shr ...
PRIVATIZATION IN SLOVENIA Jože Mencinger EIPF and University
... institutions similar to those which exist in developed market economies could be established quickly and, indeed, CEE countries were relatively quick in creating appropriate legal framework. This was eased by the existing legal tradition which could be revised and supplemented, and by their willingn ...
... institutions similar to those which exist in developed market economies could be established quickly and, indeed, CEE countries were relatively quick in creating appropriate legal framework. This was eased by the existing legal tradition which could be revised and supplemented, and by their willingn ...
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... capita, and many other macroeconomic aggregates. In Germany, for example, about 85 percent of all firms in the manufacturing sector are family-owned and managed (BDI, 2006). The small and medium enterprises (SMEs) of the so called German “Mittelstand”encompasses 99 percent of all German companies an ...
... capita, and many other macroeconomic aggregates. In Germany, for example, about 85 percent of all firms in the manufacturing sector are family-owned and managed (BDI, 2006). The small and medium enterprises (SMEs) of the so called German “Mittelstand”encompasses 99 percent of all German companies an ...
UNDERSTANDING CAPITALISM 3rd Edition By Samuel Bowles
... UNDERSTANDING CAPITALISM 3rd Edition By Samuel Bowles, Richard Edwards, and Frank Roosevelt ...
... UNDERSTANDING CAPITALISM 3rd Edition By Samuel Bowles, Richard Edwards, and Frank Roosevelt ...
NBER WORKING PAPER SERIES RECESSION? Michael C. Burda
... that employment rose less than expected in the preceding expansion, given changes in GDP and labor costs, and that half of this shortfall can be explained using data on employers’ business expectations. Employers lacked confidence that the boom would last, or were perhaps uncertain about how long it ...
... that employment rose less than expected in the preceding expansion, given changes in GDP and labor costs, and that half of this shortfall can be explained using data on employers’ business expectations. Employers lacked confidence that the boom would last, or were perhaps uncertain about how long it ...
MARXIAN CRISIS THEORY AND THE POSTWAR U. S. ECONOMY
... 3. What is necessary to increase the rate of profit? What does the Marxian theory presented above imply about what must be done in order increase the rate of profit, and thereby make possible a revival of capital investment and a return to the more prosperous conditions of the “golden age”? Accordi ...
... 3. What is necessary to increase the rate of profit? What does the Marxian theory presented above imply about what must be done in order increase the rate of profit, and thereby make possible a revival of capital investment and a return to the more prosperous conditions of the “golden age”? Accordi ...
Microeconomic adjustment in Hungary
... which accounted for around ten percent of the labor employed by Hungarian state-owned enterprises in industry in 1988. On the other hand, it introduces a bias into the analysis. However, many of these enterprises have undergone substantial organizational changes since then, and are by no means as la ...
... which accounted for around ten percent of the labor employed by Hungarian state-owned enterprises in industry in 1988. On the other hand, it introduces a bias into the analysis. However, many of these enterprises have undergone substantial organizational changes since then, and are by no means as la ...
isd10 Mueller 14072618 en
... values given model and data. Further, rather technical approaches are due to Hamilton (1989), or Beveridge and Nelson (1981). Of course, the distinction between technical and economic filters is not that clear-cut since many technical filters can be given an economic underpinning as Kim and Nelson ( ...
... values given model and data. Further, rather technical approaches are due to Hamilton (1989), or Beveridge and Nelson (1981). Of course, the distinction between technical and economic filters is not that clear-cut since many technical filters can be given an economic underpinning as Kim and Nelson ( ...
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... changes in unemployment rate and GDP growth rates, with an absolute value of the slope larger than one. The standard interpretation8 runs as follows. Suppose that in the economy there is a under-utilization of labor resources with respect to the full employment level (i.e. unemployment rates are hig ...
... changes in unemployment rate and GDP growth rates, with an absolute value of the slope larger than one. The standard interpretation8 runs as follows. Suppose that in the economy there is a under-utilization of labor resources with respect to the full employment level (i.e. unemployment rates are hig ...
Virtual organization
... – An organization in which specialists from functional departments are assigned to work on one or more projects led by a project manager ...
... – An organization in which specialists from functional departments are assigned to work on one or more projects led by a project manager ...
Monopoly Power and Endogenous Product Variety: Distortions and
... taxes that can implement the first-best equilibrium. The dividend/profit tax aligns firms’ entry incentives with consumers’ love for variety, while the VAT tax correct for the intertemporally inefficient allocation of resources that is due to the intertemporal misalignment of markups. Efficiency als ...
... taxes that can implement the first-best equilibrium. The dividend/profit tax aligns firms’ entry incentives with consumers’ love for variety, while the VAT tax correct for the intertemporally inefficient allocation of resources that is due to the intertemporal misalignment of markups. Efficiency als ...
Chapter 2 Sample File
... c. Communication between managers and employers improves decisions. d. Subordinates should be involved in the decision-making process. e. Managers should find ways to resolve interdepartmental conflict. 3. Chester Barnard (1886–1961)—viewed organizations as social systems that require employee coope ...
... c. Communication between managers and employers improves decisions. d. Subordinates should be involved in the decision-making process. e. Managers should find ways to resolve interdepartmental conflict. 3. Chester Barnard (1886–1961)—viewed organizations as social systems that require employee coope ...