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Persistent link: https://www.econbiz.de/10010313012
prove scientifically the relation transaction costs – institutions. …
Persistent link: https://www.econbiz.de/10008464292
This paper focuses on the role of institutions in enhancing economic growth. Attention to the institutional environment … specialization and the division of labor. Instead, development is seen as a response to the evolution of institutions that support …. That is, institutions do matter when it comes to costs minimizing or, in other words, the secret of obtaining efficient …
Persistent link: https://www.econbiz.de/10005669010
The paper formalises the interaction between active labour market programmes and ordinary higher education in a general equilibrium framework. Both education in prorgammes and ordinary higher education serve to increase the supply of high-skilled labour. The model features a dual labour market...
Persistent link: https://www.econbiz.de/10005648524