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This paper investigates the relationship between the size of government and economic growth in OECD countries in 1960 …?2000. The underlying idea is that government expenditures on public goods basically have a positive effect on growth, but this … growth effect tends to decline or even reverse when government is overdoing, e.g. by increasing expenditures in such a way …
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businesses boost the capital stock and the employment rate. No robust link between labour market regulation and MFP and capital … deepening could be established. But looser labour market regulation is found to go hand in hand with higher employment rates …
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Economic growth requires factor reallocation across firms and continuous replacement of technologies. Labor market institutions influence economic dynamism by their impact on the supply of a key factor, skilled workers to new and expanding firms, and the shedding of workers from declining and...
Persistent link: https://www.econbiz.de/10012844548
businesses boost the capital stock and the employment rate. No robust link between labour market regulation and MFP and capital … deepening could be established. But looser labour market regulation is found to go hand in hand with higher employment rates …
Persistent link: https://www.econbiz.de/10012920765
The objective of the paper is to investigate the relationship between education and employment level in 27 member … tertiary education, as well as the distribution of graduates, have a positive effect on employment, respectively. It is … expected that policymakers consider the effect of graduates from different education levels on employment to design substantial …
Persistent link: https://www.econbiz.de/10014516259