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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
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
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
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