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Interrelationships Between Labor and Capital Adjustment Decisions

Narazani, Edlira - EconWPA - 2004

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

The macroeconomics of social pacts

Acocella, Nicola; Bartolomeo, Giovanni Di; Tirelli, Patrizio - EconWPA - 2004

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

Removing Tariffs on Goods Originating from Least Developed Countries

Commission, Productivity - EconWPA - 2003

This paper was one input to the Australian Government’s decision to remove tariffs on imports from the least developed countries. The Commission’s analysis suggests that removing tariffs on imports from these countries could significantly boost imports from these countries, particularly of...

Persistent link: https://www.econbiz.de/10005119295

Trade policy, cross-border externalities and lobbies: do linked agreements enforce more cooperative outcomes?

Limão, Nuno - EconWPA - 2002

If, in international agreements, governments “link'' trade to environmental policy (or other issues with non-pecuniary externalities), will this promote more cooperation in both policies or will cooperation in one policy be strengthened at the expense of the other? We analyze this question in...

Persistent link: https://www.econbiz.de/10005124914

GLOBALIZATION AND GOALS: Does soccer show the way?

Milnaovic, Branko - EconWPA - 2003

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

Rates of Return to Schooling in China

Chow, Gregory C. - EconWPA - 2003

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

Staying Competitive in the High-tech Global Economy: Another Look at the H-1B Visa

Cynamon, Barry - EconWPA - 2001

This paper addresses a specific suggestion for immigration reform—that we must seek skilled immigrants—by examining support for a move to unlimited H-1B visa issuance. Great care is taken to include up to date media coverage as immigration policy is greatly affected by public opinion. This...

Persistent link: https://www.econbiz.de/10005408048

Trade and Turnover: Theory and Evidence

Davidson, Carl; Matusz, Steven - EconWPA - 2005

Is the pattern of trade correlated with cross-sector differences in job turnover? Theoretically, external shocks feed through to changes in domestic employment and cross-sector differences in turnover give rise to compensating wage differentials, which feed through to output prices. Using two...

Persistent link: https://www.econbiz.de/10005408072

New Labor Legislation in Montenegro – Labor Law and Proposal of the General Collective Agreement

Krsmanovic, Ana - EconWPA - 2004

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

New Trade Theory Takes Over Monetary Theory

Gani, M - EconWPA - 2004

money has nothing to do with traded output, but everything to do with storing value. But now a new trade theory takes over … monetary theory, by reducing money into a mere tool of trade, as just a means of payment. It takes over theory of exchange … arbitrage, and payments through seigniorage (by creating and issuing money). Suddenly economics studies economy rather than …

Persistent link: https://www.econbiz.de/10005408069