Showing 1 - 10 of 15
In this paper we analyze the long run effect of exogenous technological growth on the employment rate in a labor market … really much the effect. The result that appears in most cases is that growth has a negative effect on the long run rate of … employment meaning that, in general, growth is bad for employment. …
Persistent link: https://www.econbiz.de/10011154595
the empirical evidence, we develop a simple model combining the standard Ak growth model with the tax evasion phenomenon …
Persistent link: https://www.econbiz.de/10008922980
sizable effect on productivity growth. According to my estimates, moreover, the social returns to investment in human capital …
Persistent link: https://www.econbiz.de/10008804600
We study a dynamic model where growth requires both long-term investment and the selection of talented managers. When …
Persistent link: https://www.econbiz.de/10009151035
We introduce wage setting via efficiency wages in the neoclassical one-sector growth model to study the growth effects …. We also study the growth effects of permanent technological and fiscal policy shocks in these two economies. During the … transition, the growth effects of technological shocks obtained when wages exhibit inertia may be the opposite from the ones …
Persistent link: https://www.econbiz.de/10009151199
monopolistic competition with an infinite horizon model of growth. We compare the wages set at the firm, sector and national … (centralized) levels, their unemployment rates and growth of the economic variables, for the Cobb-Douglas production function, in … growth. …
Persistent link: https://www.econbiz.de/10008580428
Increasing evidence support the claim that international trade enhances innovation and productivity growth through an … increase in competition. This paper develops a two-country endogenous growth model, with firm specific R&D and a continuum of … growth by reducing domestic firm's market power. …
Persistent link: https://www.econbiz.de/10008592872
Understanding the mechanism through which financial globalization affects economic performance is crucial for evaluating the costs and benefits of opening financial markets. This paper is a first attempt at disentangling the effects of financial integration on the two main determinants of...
Persistent link: https://www.econbiz.de/10005572150
This paper analyses the theoretical relevance of the dynamical aspects of growth on the discussion about the observed … growth model where the internal, external and intertemporal equilibrium conditions of a typical macroeconomic model are … imposed; this last one through the inclusion of a balanced growth path for the foreign assets accumulation. The main result …
Persistent link: https://www.econbiz.de/10005572218
We extend the basic tax evasion model to a multi-period economy exhibiting sustained growth. When individuals conceal … static setups. Moreover, high tax rates on income are typically associated with low growth rates as occurs in standard growth …
Persistent link: https://www.econbiz.de/10005572247