Similar Search Results

Cost Structure Analysis Under Disequilibrium: Price, Scale, Efficiency and Capacity Utilisation Effects.

Sarkis, Z. - Department of Economics, Oxford University - 1999

of firm-level heterogeneity in technical and allocative efficiency levels. FDM is implemented on a G-5 banking dataset …

Persistent link: https://www.econbiz.de/10005047831

Trade, skill-biased technical change and wages in Mexican manufacturing

Caselli, Mauro - Department of Economics, Oxford University - 2010

This paper analyses and quantifies the effects of trade liberalisation and skill-biased technical change, both exogenous and trade-induced, on the skill premium and real wages of unskilled and skilled workers in the Mexican manufacturing sector, using industry- and firm-level data for 1984-1990...

Persistent link: https://www.econbiz.de/10011004125

Asymmetric Information and Adverse Selection

Jewitt, Ian; Leaver, Clare; Bar-Isaac, Heski - Department of Economics, Oxford University - 2014

efficiency. We adopt Akerlof's (1970) unit-demand model extended to a setting with multidimensional public and private … information. Adverse selection and efficiency are defined quantitatively as real valued random variables. We characterize how … efficiency. These results are applied to inform welfare and empirical analysis and, in an employer learning setting, to study …

Persistent link: https://www.econbiz.de/10011004465

Private Sector Wages and Poverty in Ghana: 1988-1998

Teal, Francis - Department of Economics, Oxford University - 2000

population. There is evidence that high rates of inflation and low investment are two factors explaining these falls in real …

Persistent link: https://www.econbiz.de/10010604922

How Flexible are Wages in Response to Local Unemployment in South Africa?

Kingdon, Geeta; Knight, John - Department of Economics, Oxford University - 2005

It is commonly claimed that the South African labor market is unusually inflexible owing to the strength of the unions and the system of centralized collective bargaining. One aspect of labor market inflexibility concerns the responsiveness of wages to local unemployment. Examining this spatial...

Persistent link: https://www.econbiz.de/10010605106

Wage and Price Phillips Curves An empirical analysis of destabilizing wage-price spirals

Krolzig, Hans-Martin; Flaschel, Peter - Department of Economics, Oxford University - 2003

In this paper we introduce a small Keynesian model of economic growth which is centered around two advanced types of Phillips curves, one for money wages and one for prices, both being augmented by perfect myopic foresight and supplemented by a measure of the medium-term inflationary climate...

Persistent link: https://www.econbiz.de/10010605118

Consumption, Welfare and Well-Being in Ghana in the 1990s

Teal, Francis - Department of Economics, Oxford University - 2005

In this paper the links from measures of consumption to welfare and well-being are discussed drawing on a study of changes in consumption in Ghana in the 1990s. It is argued that household consumption can act as an opportunity measure of welfare. The widespread distrust of such a welfare measure...

Persistent link: https://www.econbiz.de/10010605173

Education, incomes, poverty and inequality in Ghana in the 1990s

Teal, Francis - Department of Economics, Oxford University - 2001

Three issues are addressed in this paper. First, we use both household and macro data to establish how fast per capita consumption and incomes grew in Ghana in the 1990s. Second, we ask how much of the rise in incomes was due to rises in the level of human capital and how much reflected...

Persistent link: https://www.econbiz.de/10010605176

Is There a Growth-Unemployment Trade-Off?

Toche, Patrick - Department of Economics, Oxford University - 2001

Why might there be a long-run trade-off between growth and unemployment? In general equilibrium, the returns on the factors of production are interdependent. This paper develops a model where the determination of the wage is central to the evolution of these incentives. The incentive to hire...

Persistent link: https://www.econbiz.de/10010605230

The Nature of Employment in India's Services Sector: Exploring the Heterogeneity

Nayyar, Gaurav - Department of Economics, Oxford University - 2009

For some observers, the dramatic growth of the services sector in India reflects rapid strides made by educated professionals. Some others see it as the expansion of an employer of last resort. Given this heterogeneity, the object of the paper is to analyze the nature of employment being...

Persistent link: https://www.econbiz.de/10008481991