Showing 1 - 10 of 12
Prevailing trade theory is a neglected stepchild of economics. Micro rejects the sole reason for trade’s occurrence. It declares zero profit in equilibrium. Monetary theory and macroeconomics dismiss concerns of trade financing. They assert that money has nothing to do with traded output, but...
Persistent link: https://www.econbiz.de/10005408069
We look at a job-market model of bilateral uncertainty. Workers are uncertain about what job descriptions advertised by firms really mean and firms are uncertain about the qualifications of workers before they are interviewed. Both types of uncertainty can be resolved but both processes are...
Persistent link: https://www.econbiz.de/10005407591
has binary support, however, local trade networks are shown to generate spatial unemployment clusters which can persist …
Persistent link: https://www.econbiz.de/10005119308
institutions. The study conducts a literature review on the theoretical and empirical works of economic growth, with emphasis in …
Persistent link: https://www.econbiz.de/10005062522
institutions. The study conducts a literature review on the theoretical and empirical works of economic growth, with emphasis in …
Persistent link: https://www.econbiz.de/10005407867
of its detrimental impact on the formation of domestic institutions, such as the security of private property, the …
Persistent link: https://www.econbiz.de/10005556428
This paper offers a review of the main progress made in entrepreneurship analysis and institutional economics, discussing its possible integration to general theory of economic development, considering the increasing importance that these topics have gained in contemporary approaches of...
Persistent link: https://www.econbiz.de/10005119013
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/10005119236
second half of the 90s showed the necessity of creating sound financial institutions. In addition other institutions e.g. in …
Persistent link: https://www.econbiz.de/10005119261
Differences in regional unemployment rates are often used to describe regional economic inequality. This paper asks … whether changes in regional unemployment differences in West Germany are persistent over time. Only if such changes are … dispersion of unemployment rates. Our analysis follows a time-series approach to economic convergence and we test whether …
Persistent link: https://www.econbiz.de/10005118979