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Optimal Unemployment Insurance and Voting
Pollak, Andreas - EconWPA - 2005
The framework of a general equilibrium heterogeneous agent model is used to study the optimal design of an unemployment … insurance (UI) scheme and the voting behaviour on unemployment policy reforms. In a first step, the optimal defined benefit and …
Persistent link: https://www.econbiz.de/10005125042
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Equality of Demand and Supply Neither Determines Price Nor Clears the Market
Gani, Mohammad - EconWPA - 2004
The belief that equality of demand and supply determines price and clears the market is universal. Shockingly, this belief is unfounded. It contradicts macro’s claim that equality of demand and supply determines output. It contradicts (new) monetary theory, which claims that equality of demand...
Persistent link: https://www.econbiz.de/10005413280
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Caught On Tape: Predicting Institutional Ownership With Order Flow
Campbell, John; Ramadorai, Tarun; Vuolteenaho, Tuomo - EconWPA - 2004
institutions in aggregate demand liquidity, in that total buy (sell) volume predicts increasing (decreasing) institutional … ownership. Institutions also tend to trade in large or very small sizes, in that buy (sell) volume at these sizes predicts …
Persistent link: https://www.econbiz.de/10005134775
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The Economic Growth Effects of NAFTA in the Northern Border of Mexico
Diaz-Bautista, Alejandro - EconWPA - 2004
Luego de examinar el marco teórico y conceptual de la teoría del crecimiento y del comercio internacional, se mide la eficacia de la apertura comercial impulsada por el TLCAN para fomentar el intercambio comercial. Asimismo, se evalúan los efectos de éste en el crecimiento económico de los...
Persistent link: https://www.econbiz.de/10005413001
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Banken, instituties en zachte budgetbeperkingen tijdens de transitie
Haas, Ralph de - EconWPA - 2002
De juridische bescherming van banken en aandeelhouders beïnvloedt de omvang en kwaliteit van het financiële systeem en daarmee de economische groei. Gebrekkige (juridische) instituties in transitie-economieën kunnen de economische ontwikkeling van deze landen dan ook afremmen. Zo dragen...
Persistent link: https://www.econbiz.de/10005413152
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SECURITIES MARKETS AND SOCIAL CAPITAL INTEGRATION IN AFRICA: RISKS AND POLICY OPTIONS
NWAOBI, GODWIN - EconWPA - 2005
equity. Using the African scenario, this paper argued that although many of the institutions needed for strong income growth …
Persistent link: https://www.econbiz.de/10005561601
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Social Networks in Determining Employment and Wages: Patterns, Dynamics, and Inequality
Calvo-Armengol, Antoni; Jackson, Matthew O. - EconWPA - 2002
, unemployment exhibits persistence in the sense of duration dependence: the probability of obtaining a job decreases in the length …
Persistent link: https://www.econbiz.de/10005135002
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Do Small and Medium-Sized Enterprises Stabilize Employment? Theoretical Considerations and Evidence from Germany
Fendel, Ralf; Frenkel, Michael - EconWPA - 1996
The hypothesis that the behavior of firms in adjusting the number of their employees along a business cycle depends on the size of the firms has often been mentioned in the literature. Several authors argue that small and medium sized enterprises are more hesitant in hiring additional employees...
Persistent link: https://www.econbiz.de/10005135008