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TAX INCIDENCE IN A MODEL WITH EFFICIENCY WAGES AND UNEMPLOYMENT
Rapanos, Vassilis T - EconWPA - 2004
above market-clearing levels, whenever the productivity of labor depends positively on the real wage paid by the firm …
Persistent link: https://www.econbiz.de/10005076602
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A Simple Model of Keynesian Unemployment
Nakajima, Tetsuya - EconWPA - 2005
Constructing a general equilibrium model which compactly incorporates the markets for outputs, labor, money, and 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...
Persistent link: https://www.econbiz.de/10005076693
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Contracting with Repeated Moral Hazard and Private Evaluations
Fuchs, William - EconWPA - 2005
A repeated moral hazard setting in which the Principal privately observes the Agentfs output is studied. It is shown that there is no loss from restricting the analysis to contracts in which the Agent is supposed to exert effort every period, receives a constant efficiency wage and no feedback...
Persistent link: https://www.econbiz.de/10005407578
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Equilibrium unemployment under negotiated profit sharing
Koskela, Erkki; Stenbacka, Rune - EconWPA - 2004
We study employment, employee effort, wages and profit sharing when firms face stochastic revenue shocks and when base wages and profit shares are determined through collective bargaining. The negotiated profit share depends positively on the relative bargaining power of the trade union and has...
Persistent link: https://www.econbiz.de/10005556797
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Does firm size really affect earnings?
Söderbom, Måns; Teal, Francis; Wambugu, Anthony - EconWPA - 2004
In this paper we investigate the implications of labour and capital market imperfections for the relationship between firm size and earnings. To establish that such a question is of interest we need to show that the firm size-wage effect cannot be explained by either the observed or unobserved...
Persistent link: https://www.econbiz.de/10005118838
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Technical Efficiency of Australian Wool Production: Point and Confidence Interval Estimates
Fraser, Iain; Horrace, William C. - EconWPA - 2002
A balanced panel of data is used to estimate technical efficiency, employing a fixed-effects stochastic frontier specification for wool producers in Australia. Both point estimates and confidence intervals for technical efficiency are reported. The confidence intervals are constructed using the...
Persistent link: https://www.econbiz.de/10005076575
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Industrial Sector Growth Accounting of Some Indian States and Union Territories: A Data Envelopment Analysis
Mathur, Somesh Kumar; Ahmed, Shahid - EconWPA - 2005
productivity change is of 11.66%. The overall averages provide evidence of productivity improvements of 173.29 over 1980-81(base ….20 while the contribution of capital deepening is 42.52% TO ACCOUNT for 173.20% overall PRODUCTIVITY CHANGE(not point to point … below for the growth accounting exercise which can totally account for point to point and overall productivity changes from …
Persistent link: https://www.econbiz.de/10005125622
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Growth Accounting for Some Selected Developing, Newly Industrialized and Developed Nations from 1966-2000: A Data Envelopment Analysis
Mathur, Somesh Kumar - EconWPA - 2004
1966-2000. We also decompose labor productivity growth into components attributable to technological changes (shifts in the … the European countries it is the technical changes which has contributed to labour productivity changes between 1966 … primarily responsible for the existence of bimodal labour productivity distribution for countries included in our sample …
Persistent link: https://www.econbiz.de/10005408241
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Growth Accounting for Some Selected Developing, Newly Industrialized and Developed Nations from 1966-2000: A Data Envelopment Analysis
Mathur, Somesh Kumar - EconWPA - 2005
1966-2000. We also decompose labor productivity growth into components attributable to technological changes (shifts in the … the European countries it is the technical changes which has contributed more to labour productivity changes between 1966 … be responsible for productivity accounting on point to point basis. For all the seven periods(point to point basis) we …
Persistent link: https://www.econbiz.de/10005556715
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Efficiency of Delhi International Airport Using Data Envelopment
Mathur, Somesh Kumar - EconWPA - 2004
We work out the efficiency index of the Delhi Airport using monthly data(March 2000 through July 2004) of international and total traffic of aircraft's, passengers & cargo movements . The study compares the Delhi Airport technical efficiency index with the efficiency indexes of some selected...
Persistent link: https://www.econbiz.de/10005561389