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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
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
institutions. The study conducts a literature review on the theoretical and empirical works of economic growth, with emphasis in …
Persistent link: https://www.econbiz.de/10005062522
institutions. The study conducts a literature review on the theoretical and empirical works of economic growth, with emphasis in …
Persistent link: https://www.econbiz.de/10005407867
La presente obra se centra en uno de los problemas fundamentales de nuestra época: el desenvolvimiento económico de la convergencia y el crecimiento en las regiones considerando a las instituciones y el comercio internacional. A lo largo del libro el autor discute los modelos teóricos y...
Persistent link: https://www.econbiz.de/10005412726
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