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Do Small and Medium-Sized Enterprises Stabilize Employment? Theoretical Considerations and Evidence from Germany

Fendel, Ralf; Frenkel, Michael - EconWPA - 1996

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

New Trade Theory Takes Over Monetary Theory

Gani, M - EconWPA - 2004

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

THE IMPACTS OF LABOUR MARKET LIBERALISATION AND GOVERNMENT COMMITMENT TO REFORM: ZIMBABWE, 1991-2000

Chiripanhura, Blessing - EconWPA - 2005

This paper analyses labour market liberalisation and government commitment to economic reforms in Zimbabwe. The paper briefly analyses the economic policies that were implemented between 1980 and 1990 that were characterised by massive interventions in the labour market. It problematises the...

Persistent link: https://www.econbiz.de/10005408350

Eurosclerosis or Financial Collapse: Why Did Swedish Incomes Fall Behind?

Cerra, Valerie; Saxena, Sweta C. - EconWPA - 2005

Sweden represents an archetypal welfare state economy, with extensive government safety nets. Some scholars have … policies. This paper argues rather, that the permanent loss in output following Sweden’s banking crisis in the early 1990s …

Persistent link: https://www.econbiz.de/10005126428

Monitoring Banking Sector Fragility

Kibritcioglu, Aykut - EconWPA - 2002

In the financial crisis literature, it is usually argued that, contrary to the case of currency crises, building a time series index to identify banking crisis episodes is highly difficult, particularly because of the lack of reliable data on banking sector variables (non-performing loans,...

Persistent link: https://www.econbiz.de/10005126447

Labor Market Conditions, Political Events and Palestinian Suicide Bombings

Sayre, Edward A. - EconWPA - 2005

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

A Simple Model of Keynesian Unemployment

Nakajima, Tetsuya - EconWPA - 2005

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

Money in Market Clearing

Gani, Mohammad - EconWPA - 2004

unemployment, undue instability, and excess debt. …

Persistent link: https://www.econbiz.de/10005076719

Aging, Labor Markets and Pension Reform in Austria

Christian, Keuschnigg; Mirela, Keuschnigg - EconWPA - 2004

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

Unemployment and re-employment of displaced workers

Murtough, Greg; Waite, Matthew - EconWPA - 2001

Examines the incidence and adjustment experiences of workers who are displaced by economic change. Since the mid-1970s, the aggregate annual rate of retrenchment has fluctuated in a counter-cyclical pattern around a relatively stable long-term trend of about 5 per cent. The paper shows that the...

Persistent link: https://www.econbiz.de/10005125741

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