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Persistent link: https://www.econbiz.de/10001851027
Using annual data for 18 OECD countries over the period 1980-2004, we investigate how labour and financial factors interact to determine unemployment by estimating a dynamic panel model using the system generalized method of moments (GMM). We show that the impact of financial variables depends...
Persistent link: https://www.econbiz.de/10008596580
This study examines the impact of real estate brokers on the price of residential properties sold in 2005 in twelve French cities. The results indicate that brokers increase the prices of properties they sell even though they appear to have heterogeneous behaviours across cities. The impact of...
Persistent link: https://www.econbiz.de/10010905232
Museums have many different goals beyond efficiency such as social equity, financial revenue, attracting donors and gaining international, regional or local prestige. Various pricing schemes are being discussed with the aim of reaching these goals. The classical ones are entry prices and free...
Persistent link: https://www.econbiz.de/10008572533
The paper models a program of high‐activity nuclear‐waste management. The physics of cooling incites to store hot waste for a while to spare scarce disposal volume: indeed, colder parcels may be put in tighter conditions. The optimal unconstrained duration of storage is characterized....
Persistent link: https://www.econbiz.de/10011074064
This paper examines whether importing has contributed to skill upgrading among Indonesian plants. Our data records the distribution of years of employee schooling in each plant. We examine how importing affects the demand for highly educated workers within both production and non-production...
Persistent link: https://www.econbiz.de/10010877785
provide evidence for this, we analyze the effect of firms’ exporting behavior on the elasticity of labor demand. Using rich … extensive margins significantly increases the (absolute value of the) unconditional own-wage labor demand elasticity. This is …
Persistent link: https://www.econbiz.de/10010877822
labor force. Low-wage workers churn primarily among manufacturing sectors, where they are repeatedly exposed to subsequent … to move out of manufacturing conditional on separation. These findings reveal that import shocks impose substantial labor …
Persistent link: https://www.econbiz.de/10010948900
downward impact on wages. There is evidence that reductions in working time added to wage pressure; yet estimates of labor …
Persistent link: https://www.econbiz.de/10010545689
This paper presents a case study on reforming a very dysfunctional labor market with a deep insider-outsider divide … leads to purely marginal changes that do not alter the fundamental features of labor market institutions. While the Great … Recession and the start of the sovereign debt crisis triggered two labor reforms, the political economy equilibrium has not …
Persistent link: https://www.econbiz.de/10009386357