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fertility, and lower investment in physical and human capital. Furthermore, the feedback effect from economic prosperity to …
Persistent link: https://www.econbiz.de/10005504520
productivity catch-up is rejected. A number of potential `ultimate' causes behind the slowdown are explored. An increasingly …
Persistent link: https://www.econbiz.de/10005791604
overall production strategy and productivity trends. In the United States a strategy of standardized mass production led to … high levels of labour productivity and concentration on the development of managerial capabilities, but neglect of the …
Persistent link: https://www.econbiz.de/10005136671
Business support policies designed to raise productivity and employment are common worldwide, but rigorous micro … positive program treatment effect on employment, investment and net entry but not on TFP. OLS underestimates program effects …,300 suggesting that in some respects investment subsidies can be cost effective. …
Persistent link: https://www.econbiz.de/10011084352
fixed investment that became excessive and proved to be unsustainable, while the productivity acceleration helps to account … productivity growth linked to the delayed effects of previously invented 'general purpose technologies' stimulated an increase in …-01 collapse of investment and the stock market proves that good public policy matters, going beyond the narrowly defined …
Persistent link: https://www.econbiz.de/10005792478
The MRC National Survey of Health and Development provides data on the hourly pay of males and females at age 26 in 1972 and in 1977. These have been subjected to regression analysis to see how far the gap between men's and women's pay is statistically explicable by (a) a "human capital" model...
Persistent link: https://www.econbiz.de/10005504211
employment relationship, enhanced by employment protection, is also favourable to the productivity of the job. We analyse … employment protection focusing on this trade-off between adjustment costs and productivity. We show that from a welfare point of …
Persistent link: https://www.econbiz.de/10005504274
We develop a model of human capital formation with endogenous labour supply and heterogeneous agents to explore the optimal level of education subsidies along with the optimal progressive schedule of the labour income tax and optimal capital income taxes. Subsidies on education ensure efficiency...
Persistent link: https://www.econbiz.de/10005504308
There are few studies on occupational choices in Germany, and second-generation occupational choice and mobility is even less investigated. Such research is important because occupations determine success in the labour market. In a country like Germany occupations also reflect a general...
Persistent link: https://www.econbiz.de/10005504309
This paper investigates the human capital investments of migrants whose duration in the host country is limited, either by contract or by their own choice. The first part of the paper develops a model, distinguishing between migrants who immigrate on a fixed contract, and migrants who choose...
Persistent link: https://www.econbiz.de/10005504475