Showing 1 - 10 of 17
This paper is part of a project that attempts to reveal the way labour market institutions, human capital and labour productivity are interconnected. First we discuss two approaches in the human capital theory, stressing some difficulties that could be solved if the approaches are combined. It...
Persistent link: https://www.econbiz.de/10005125046
THIS STUDY INVESTIGATES THE DOMINANT RESOURCE CONSTRAINT LIMITING GROWTH IN NIGERIA AS WELL AS THE DETERMINATION OF FUTURE RESOURCES REQUIREMENTS NEEDED TO ACHIEVE SUCH GROWTH. USING A SMALL SCALE MACROECONOMETRIC SIMULATION MODEL, THREE DIFFERENT EXPERIMENTS WERE CARRIED OUT. THE RESULTS SHOWED...
Persistent link: https://www.econbiz.de/10005126164
In the article it is shown that year-to-year change of the S&P 500 does not depend on profits cycle. On the other hand, year-to-year change of earnings multiple P/E tends to anticorrelate with profits cycle. It shows sluggishness of market response in relation to profits cycle. It is shown that...
Persistent link: https://www.econbiz.de/10005413241
This paper considers the job satisfaction of academics using a detailed dataset of over two thousand academics from ten English higher education institutions. The results of our analysis suggest that one would be wrong to consider one single measure of job-satisfaction. Academics appear to be...
Persistent link: https://www.econbiz.de/10005125776
trading turnover as a measure of liquidity and the 1976-1993 Tokyo Stock Exchange data, I find that, cross-sectionally, stocks … with higher turnover tend to have a lower expected return. This evidence is consistent with predictions derived from an … Amihud-Mendelson type of transaction cost model in which the turnover measures investors’ trading frequency. The trading …
Persistent link: https://www.econbiz.de/10005413235
Labor contracts that result in dismissals are quite common in the real world. The question that arises is why employers do not just offer reduced wages instead of asking workers with low realized productivity to leave. This paper argues that such behavior can be explained by workers'...
Persistent link: https://www.econbiz.de/10005556777
In this paper, I examine the impact of employer-provided health benefits on job turnover. Because many employer … portability of health plans. The estimates suggest that spouse-provided benefits substantially increase the likelihood of turnover. …
Persistent link: https://www.econbiz.de/10005556849
This paper analyzes a simple model that captures the relationship between institutional quality, the shadow economy and corruption. It shows that an improvement in institutional quality reduces the shadow economy and affects the corruption market. The exact relationship between corruption and...
Persistent link: https://www.econbiz.de/10005125947
This paper carries out an empirical assessment of the relationship between social capital and labour productivity in small and medium enterprises in Italy. By means of structural equations models, the analysis investigates the effect of different aspects of the multifaceted concept of social...
Persistent link: https://www.econbiz.de/10005076902
In this paper labour productivity growth and its impacts are studied at the industry level. The development of productivity is analysed in 54 industries in 14 EU countries and in the US between 1979 and 2001. The conclusion of the study is that the industry structure that leads to fast...
Persistent link: https://www.econbiz.de/10005124953