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employment performance than decentralised ones. We apply static and dynamic panel data techniques to a panel of EU countries. Our …
Persistent link: https://www.econbiz.de/10005412493
The theoretical predictions of how employment protection affects firm productivity are ambiguous. In this paper I study … the effect of employment protection rules on labor productivity using micro data on Swedish firms. A reform of the … employment protection rules in 2001 made it possible for small firms with less than eleven employees to exempt two workers from …
Persistent link: https://www.econbiz.de/10011261209
This work is focused on identifying a circular pull production control system (PPCS) and make emphasis on the presence of a stability attribute. It is an introductory paper to an extended study of macroeconomic financial stability in a physically open but systemic closed system. Previous work...
Persistent link: https://www.econbiz.de/10005126234
hypothesis that higher inflation increases the share of the financial sector output and employment relative to the manufacturing …
Persistent link: https://www.econbiz.de/10005126418
This paper investigates the dynamics of output, employment and prices in an economy with costs of adjusting labor and … every shift in demand. Rather, firms adjust employment and prices discontinuously. Employment and prices are adjusted only … economy is very different from the behavior of a single firm. The dynamics of the price level, aggregate employment and output …
Persistent link: https://www.econbiz.de/10005412577
. Since the optimal level of the control variable (e.g., price, employment, stock of capital) decreases during the low season …
Persistent link: https://www.econbiz.de/10005412603
No abstract.
Persistent link: https://www.econbiz.de/10010818545
This paper argues that scarcities for non-transferable fixed-supply goods such as land, infrastucture and social capital, may affect European unemployment in two, mutually enforcing, ways. Firstly the existence of minimum non-transferable capital requirements per worker implies that in a growing...
Persistent link: https://www.econbiz.de/10005561085
This paper studies the effects of local interactions on the distribution of employment in a Keynesian-type model with … except autarky. Under adaptive expectations, the distribution of employment converges to a rational expectations equilibrium …
Persistent link: https://www.econbiz.de/10005126459
The standard Real Business Cycle literature mainly focuses on Walrasian models designed to fit the US institutional framework. Differences between the US and Europe, mostly evident in the labor market, suggest that a purely Walrasian model may be inappropriate to study European business cycles....
Persistent link: https://www.econbiz.de/10005126464