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New Trade Theory Takes Over Monetary Theory

Gani, M - EconWPA - 2004

Prevailing trade theory is a neglected stepchild of economics. Micro rejects the sole reason for trade’s occurrence. It declares zero profit in equilibrium. Monetary theory and macroeconomics dismiss concerns of trade financing. They assert that money has nothing to do with traded output, but...

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

Labor Force Status Dynamics in the German Labor Market: Individual Heterogeneity and Cyclical Sensitivity

Kluve, Jochen; Schaffner, Sandra; Schmidt, Christoph M. - Institut für Wirtschafts- und Sozialstatistik, … - 2006

between the three core labor force states, employment, unemployment, and inactivity. The dynamics of these transitions depend …The aggregate average unemployment rate in a given country is essentially the result of individual workers' transitions … factors to translate unobserved shocks to the labor market into observed cellspecific unemployment rates as well as bilateral …

Persistent link: https://www.econbiz.de/10009216945

Land Inequality and the Origin of Divergence and Overtaking in the Growth Process

Galor, Oded; Moav, Omer; Vollrath, Dietrich - EconWPA - 2004

associated with inequality adversely affected the emergence of institutions that promote human capital accumulation. The research …

Persistent link: https://www.econbiz.de/10005125614

Land Inequality and the Emergence of Human Capital Promoting Institutions

Galor, Oded; Moav, Omer; Vollrath, Dietrich - EconWPA - 2005

distribution of land ownership, adversely affected the implementation of human capital promoting institutions (e.g., public …

Persistent link: https://www.econbiz.de/10005062436

The Emergence of Human Capital Promoting Institutions in the Process of Development

Galor, Oded; Moav, Omer; Vollrath, Dietrich - EconWPA - 2005

distribution of land ownership, adversely affected the implementation of human capital promoting institutions (e.g., public …

Persistent link: https://www.econbiz.de/10005408243

Do Small and Medium-Sized Enterprises Stabilize Employment? Theoretical Considerations and Evidence from Germany

Fendel, Ralf; Frenkel, Michael - EconWPA - 1996

The hypothesis that the behavior of firms in adjusting the number of their employees along a business cycle depends on the size of the firms has often been mentioned in the literature. Several authors argue that small and medium sized enterprises are more hesitant in hiring additional employees...

Persistent link: https://www.econbiz.de/10005135008