Showing 1 - 10 of 79
Guided by a simple theory of task assignment and time allocation, we investigate the long run response to national … differences in tax rates on labor income, payrolls and consumption. The theory implies that higher tax rates reduce work time in …
Persistent link: https://www.econbiz.de/10002099742
This paper investigates the relative labor productivity level for total manufacturing in Germany, Sweden and the US for the period 1980-2001. The paper also presents estimates of labor productivity levels for 18 different manufacturing industries for the period 1993-2000. The results show that...
Persistent link: https://www.econbiz.de/10001923058
This paper deals with a dynamic adjustment process in which adjustment of a key variable input (labor) towards its desired level is modeled in a panel data context. The partial adjustment type model is extended to incorporate firm- and time-specific adjustment parameter. A flexible (translog)...
Persistent link: https://www.econbiz.de/10001600035
wages, and the issue of how the existence of task structures, or career ladders, affect wages becomes paramount. Using data … artifact of the data rather than an accurate description of the world. -- wages ; plant size ; occupational hierarchies …
Persistent link: https://www.econbiz.de/10001607833
This paper identifies the pertinent institutions governing the structure of payoffs with regard to female career progression. Drawing on recent insights in behavioral economics, we hypothesize that interactions between psychological mechanisms and the institutional setup may be important...
Persistent link: https://www.econbiz.de/10002482570
Persistent link: https://www.econbiz.de/10002679578
The recent 'scientification' of commercial technology has brought the interface between universities and industry into sharp focus. In particular, academic entrepreneurship, i.e., the variety of ways in which academics take direct part in the commercialization of research, is widely discussed....
Persistent link: https://www.econbiz.de/10001600032
A structural rational expectations model of U.S. monetary policy is used to make a counterfactual experiment of a strongly inflation averse Federal Reserve Bank. Results for U.S. interest rates, output, and inflation over 1965-1999 are discussed. -- Optimal monetary policy ; rational...
Persistent link: https://www.econbiz.de/10001600069
We develop a structural bond pricing approach and implement it on a large panel of US industrial bonds using an efficient maximum likelihood methodology. We evaluate the model's ability to predict yield spread levels and changes out-of-sample. Errors are smaller and distinctly less variable than...
Persistent link: https://www.econbiz.de/10001600071
OBJECTIVE: This article examines whether there are differences in men's and women's use of the Internet and whether any such gender gaps have changed in recent years. METHODS: We use data from several surveys during the period 1997 to 2001 to show trends in Internet usage and to estimate...
Persistent link: https://www.econbiz.de/10001657651