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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
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 everything to do with storing value. But now a new trade theory takes over …
Persistent link: https://www.econbiz.de/10005408069
Supplement to the Household Labour Force Survey allows tracking of dwellings and people in two consecutive June quarterly weeks …, and thus allows observation of changes in equivalised household disposable income over a June year. This project is the …
Persistent link: https://www.econbiz.de/10005134624
farm household survey conducted during the first six month of the year 2000 in Sagatalla Rayon. The results show the Rayon …
Persistent link: https://www.econbiz.de/10005407696
Recently municipal household income has been estimated with spatial econometrics techniques explicitly including … alternative way to estimate household income in small areas with a space-time model, which both correct spatial effects and … estimation of municipal household income in the Region of Murcia. …
Persistent link: https://www.econbiz.de/10005556266
Models of household consumption used to estimate the relative needs of people living in different family types need to … take account of economies of household size, price-like substitution effects and the allocation of consumption among the … individuals of the household. No existing estimation method tackles all three of these issues in a simultaneous and transparent …
Persistent link: https://www.econbiz.de/10005077071
Objectives. This paper analyzes the relationship between Palestinian suicide bombings and economic and political conditions from 1993 to 2001. Labor market conditions could affect the number of terror attacks because when the economy worsens, the opportunity cost of engaging in suicide terrorism...
Persistent link: https://www.econbiz.de/10005076534
equities, we examine equilibrium unemployment. While a mechanism of an efficiency wage brings about nominal wage rigidity …, unemployment occurring in our model definitely has Keynesian features. For instance, a reduction in wages rather enhances … unemployment through a decrease in consumption. In addition, our paper shows a possibility of Pareto improvement through an …
Persistent link: https://www.econbiz.de/10005076693
peculiar to barter, and that money overcomes this inconvenience. This is a fallacy. It prevents the development of a theory of … unemployment, undue instability, and excess debt. …
Persistent link: https://www.econbiz.de/10005076719
unemployment. The public sector is decomposed into general government and an unfunded pension system with a tax benefit linkage … effects. They strengthen labor supply both in terms of job search intensity, leading to lower unemployment rates, and hours …
Persistent link: https://www.econbiz.de/10005125671