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superior management expertise that allows them to predict market fluctuations and plan the expansion and investment strategies …) adjustment and validate the use of a discrete choice modelling thereafter. Investment process occurs more smoothly than … anticipate the investment spikes by hiring one year in advance in addition to the simultaneous hiring. These firms possess a …
Persistent link: https://www.econbiz.de/10005408290
of the Combrain will be to identify,plan&derive implementation methods for Basic Needs;Domestic Investment …
Persistent link: https://www.econbiz.de/10005118844
In this paper we analyze macroeconomic interactions among trade unions, the central bank and the fiscal policymaker. We explicitly model trade unionsconcern for public expenditure, paving the way for an analysis of the potential gains from cooperation between the fiscal policymaker and the trade...
Persistent link: https://www.econbiz.de/10005125759
A fundamental question in economics since the 1930s has been whether an administrative price system could simulate the results of perfect competition even without a true market for the means of production. The theoretical possibility of such a system has been known since the introduction of...
Persistent link: https://www.econbiz.de/10005407695
A key area of focus in the economic reform process and the design of a favorable business environment is labor market … five years since the beginning of Economic reforms, the new Labor Law was passed in July 2003. This is not the only … weakness of the labor market reform; more importantly is that the new law did not actually bring any significant changes that …
Persistent link: https://www.econbiz.de/10005076510
there is free circulation of labor, increasing returns to scale, and endogeneity of skills, this produces on the one hand …
Persistent link: https://www.econbiz.de/10005125704
This study uses data from a 1988 survey of Chinese individuals to estimate rates of return to schooling in China. The Mincer-type rate of return to schooling was estimated at 4.02 percent in rural areas and 3.29 percent in urban areas; these are fairly low estimates compared with similar...
Persistent link: https://www.econbiz.de/10005125753
„h Australia¡¦s surge in productivity growth in the 1990s fuelled an acceleration in growth in total income and average income (income per person in Australia). ¡V Annual average income growth accelerated from 1.4 per cent in the 1970s and 1980s to 2.5 per cent in the 1990s. ¡V Faster...
Persistent link: https://www.econbiz.de/10005556030
Subsequent to the economic difficulties of the 1980s, many Latin American governments reluctantly began to introduce market-oriented reform measures. In many cases, the new measures were adopted only as a means of participating in debt-relief programs such as the Brady Initiative. In no case,...
Persistent link: https://www.econbiz.de/10005550976
that individuals use their participation in a rosca as a device to discipline themselves to save money and commit against …
Persistent link: https://www.econbiz.de/10005118704