In this paper we explore the possibility, heretofore unexplored in the marketing literature, that firms “invest funds” in their pricing processes. This builds on some of the recent economic work on the costs of price adjustment. To do this we undertook a two-year, cross- disciplinary,...

This paper investigates the determinants of TFP for Italian regions. We find strong evidence in favour of the factors commonly suggested by the theoretical literature. In particular, R&D expenditures and the number of researchers are positively related to regional TFP. Moreover, human capital is...

Gelir dagilimi, insanlik tarihinde hep bir sorun olarak var ola gelmistir. Fakat bu sorun, son bir kac yüzyildir varligini daha cok hissettirmistir. Modern caglarda ekonomi biliminin insanliga sundugu ekonomik optimizasyonlar, goz ardi edilen gelir daðilimi sorunu hakkinda cok fazla bir sey...

In this paper we consider different explanations for why the coefficient associated with human capital is often negative in growth regressions once country-specific effects are controlled for, whereas the coefficient in question is strongly positive in cross-sectional or panel results based on...

In a number of works on education of women, it has been asserted that educating a woman is equal to educating a family and that women are worth training more than their counterparts, men. However, despite the fact that positive contribution of women’s education to the economy and society has...

Kadýn eðitimiyle ilgili bir çok çalýþmada, bir kadýný eðitmenin, bir aileyi eðitmekle eþdeðer olduðu ve bir erkeði eðitmeye göre daha önemli olduðu vurgulanmaktadýr. Kadýn eðitiminin ekonomiye ve topluma olumlu katkýlarý bilinmesine raðmen özellikle geliþmekte olan...

This paper explores the consequences of skill biased technological progress on the savings rates. The literature, both theoretical and empirical, on the causes and consequences of skill biased technological progress in the past few years has burgeoned considerably. So has the literature on...

The paper analyzes the convergence dynamics of a log-linearized open- economy neoclassical growth model under the assumptions of large adjustment costs for human capital investment, moderate adjustment costs for physical capital investment, and perfect capital mobility. The model can be...

This paper studies the effects of distortionary taxes and public investment in an endogenous growth OLG model with knowledge transmission. Fiscal policy affects growth in two respects: First, work time reacts to variations of prospective tax rates and modifies knowledge formation; second, public...

This paper develops a model in which it is possible to evaluate alternatives of human capital financing. The alternative systems under discussion are: total feeing; graduates taxes and uniform taxes (this can be associated to the scheme presently used in the Argentina universitary system)....