Showing 1 - 10 of 11
profit function rationalizing consumption, labor supply and savings is specified, estimated and used to test commonly … maintained separability hypotheses. Both consumption- labor and time separability are rejected. Cross-price Frisch elasticities … are found not to equal zero and this in turns affects all estimates of consumption, labor supply and saving elasticities. …
Persistent link: https://www.econbiz.de/10005561778
If, in international agreements, governments “link'' trade to environmental policy (or other issues with non-pecuniary externalities), will this promote more cooperation in both policies or will cooperation in one policy be strengthened at the expense of the other? We analyze this question in...
Persistent link: https://www.econbiz.de/10005124914
profit function rationalizing consumption, labor supply and savings is specified, estimated and used to test commonly … maintained separability hypotheses. Both consumption- labor and time separability are rejected. Cross-price Frisch elasticities … are found not to equal zero and this in turns affects all estimates of consumption, labor supply and saving elasticities …
Persistent link: https://www.econbiz.de/10005125687
there is free circulation of labor, increasing returns to scale, and endogeneity of skills, this produces on the one hand …
Persistent link: https://www.econbiz.de/10005125704
This study uses data from a 1988 survey of Chinese individuals to estimate rates of return to schooling in China. The Mincer-type rate of return to schooling was estimated at 4.02 percent in rural areas and 3.29 percent in urban areas; these are fairly low estimates compared with similar...
Persistent link: https://www.econbiz.de/10005125753
This paper addresses a specific suggestion for immigration reform—that we must seek skilled immigrants—by examining support for a move to unlimited H-1B visa issuance. Great care is taken to include up to date media coverage as immigration policy is greatly affected by public opinion. This...
Persistent link: https://www.econbiz.de/10005408048
Is the pattern of trade correlated with cross-sector differences in job turnover? Theoretically, external shocks feed through to changes in domestic employment and cross-sector differences in turnover give rise to compensating wage differentials, which feed through to output prices. Using two...
Persistent link: https://www.econbiz.de/10005408072
level requires more skilled labor and thus workers to be trained and used efficiently in their organizational structure …
Persistent link: https://www.econbiz.de/10005408290
A key area of focus in the economic reform process and the design of a favorable business environment is labor market … five years since the beginning of Economic reforms, the new Labor Law was passed in July 2003. This is not the only … weakness of the labor market reform; more importantly is that the new law did not actually bring any significant changes that …
Persistent link: https://www.econbiz.de/10005076510
Some thoughtful questions and linear answers to the economic, social, and political consequencs that comes with restrictive regulating laws. 'Regulatory law is where Socialism meets Liberalism; or what might be called the highest form of Liberalism, the lowest form of Socialism.'
Persistent link: https://www.econbiz.de/10005076636