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employment in the industrial sector, but this decline is more than counterbalanced by the rise of productivity, so that the …
Persistent link: https://www.econbiz.de/10005407637
The present paper develops a basic framework for evaluating and optimizing profits in a business operation. In developing a business we are often faced with an infinity of choices ranging from what products or services to sell and what customers to target to how to structure and manage the...
Persistent link: https://www.econbiz.de/10005561773
wage debate. Employment might not be affected if firms are able to pass through to prices the higher labour costs …
Persistent link: https://www.econbiz.de/10005076509
paper estimates the effects of the minimum wage on both wages and employment using panel data techniques and monthly … summarized in a “menu” of minimum wage variables. (2) An employment decomposition that separately estimates the effect of the … wages distribution with moderately small adverse effects on employment. …
Persistent link: https://www.econbiz.de/10005076541
in addition to its social role. This paper estimates the effects of the minimum wage on employment using monthly … affected” and “Kaitz index” as a minimum wage variable; (3) The decomposition of the minimum wage employment effect into hours … moderately small adverse effects on employment. …
Persistent link: https://www.econbiz.de/10005125721
This paper untangles the causes behind real exchange rate devaluation events with particular attention paid to the Sudden Stop of capital flows. By utilizing cumulative impulse response function and variance decomposition analysis, we argue that there is the asymmetric response across Sudden...
Persistent link: https://www.econbiz.de/10005125513
By applying the newly developed nonlinear stationary test advanced by Kapetanois et al. [Journal of Econometrics 112 (2003) 359 - 379] in examining the stationary property of 11 Asian real exchange rates, this paper rejects unit root in 8 US dollar based and 6 Japanese yen based rates, whereas...
Persistent link: https://www.econbiz.de/10005125552
DEVELOPMENT IS THE MOST IMPORTANT CHALLENGE FACING THE HUMAN RACE BUT THE PROCESSES DRIVING ECONOMIC DEVELOPMENT ARE BY NO MEANS FULLY UNDERSTOOD. HOWEVER, THE CORE CHALLENGE FOR DEVELOPMENT IS TO ENSURE PRODUCTIVE WORK AND A BETTER QUALITY OF LIFE FOR ALL THE PEOPLE OF THE WORLD. THIS CHALLENGE...
Persistent link: https://www.econbiz.de/10005125934
The book encapsulates the ways and means of doing business with China, and the opportunities out there. It reveals how China has transformed itself for the investors by creating a friendly environment; but,nevertheless, cultural and social aspects must not be forgotten while dealing with them....
Persistent link: https://www.econbiz.de/10005408008
, ie third generation theories, for the crisis episodes in Asia. It also compares the theories and Asian events to …
Persistent link: https://www.econbiz.de/10005556609