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Taxation, inequality and the allocation of talent

Bergman, Malin L. (contributor) - 2003 - [Elektronische Ressource], Rev. April 16, 2003

This paper examines the implications of income redistribution on human capital accumulation and income inequality, presenting a model where human capital investment is indivisible and agents differ in economic opportunity as well as intellectual ability. It is shown that the impact of...

Persistent link: https://www.econbiz.de/10001753212

Is neoclassical economics still entrepreneurless?

Bianchi, Milo (contributor); Henrekson, Magnus (contributor) - 2005 - [Elektronische Ressource], Rev. March 29, 2005

We review and evaluate some recent contributions on the modeling of entrepreneurship within a neoclassical framework … describe it. However, each modeling attempt focuses only on one specific feature of entrepreneurship. The entrepreneurial … highlight how a simplistic interpretation of the existing mainstream approaches incorporating entrepreneurship runs the risk of …

Persistent link: https://www.econbiz.de/10002570545

Wage formation in a unionized economy

Sonnegård, Eva Uddén - 1993

Persistent link: https://www.econbiz.de/10000864467

Modelling macroeconomic time series with smooth transition autoregressions

Skalin, Joakim - 1999

Persistent link: https://www.econbiz.de/10000997092

Aggregate savings when individual income varies

Flodén, Martin (contributor) - 2005 - [Elektronische Ressource]

This paper examines aggregate savings in a general equilibrium model where infinitely lived households face volatile (and possibly uncertain) income paths, hold a risk-free asset, and face a liquidity constraint. I first show that the equilibrium capital stock in an economy without uncertainty,...

Persistent link: https://www.econbiz.de/10002679474

Error correction in DHSY

Eliasson, Ann-Charlotte (contributor); … - 2002 - [Elektronische Ressource]

In this note, we consider the contradiction between the fact that the best fit for the UK consumption data in Davidson et al. (1978) is obtained using an equation with an intercept but without an error correction term, whereas the equation with error correction and without the intercept has...

Persistent link: https://www.econbiz.de/10001714625

The labor-supply elasticity and borrowing constraints : why estimates are biased

Domeij, David (contributor); Flodén, Martin (contributor) - 2001 - [Elektronische Ressource]

The labor-supply elasticity is a central element in many macroeconomic models. We argue that assumptions underlying previous econometric estimates of the intertemporal labor supply elasticity are inconsistent with incomplete markets economies. In particular, if the econometrician ignores...

Persistent link: https://www.econbiz.de/10001626699

The impact of temporary contracts on gross job and worker flows

Araï, Mahmood (contributor); Heyman, Fredrik (contributor) - 2002 - [Elektronische Ressource]

Based on direct information on hires and separations for 11.000 establishments during 11 years, we report new evidence that around half of job and worker flows stem from temporary contracts which account for only around 10 percent of employment. The share of temporary contracts is positively...

Persistent link: https://www.econbiz.de/10001652356

Skill or luck? : Search frictions and wage differentials

Ellingsen, Tore; Rosén, Åsa - 1994

Persistent link: https://www.econbiz.de/10000881468

Entrepreneurship : a weak link in the welfare state

Henrekson, Magnus (contributor) - 2002 - [Elektronische Ressource], Rev. March 11, 2005

Entrepreneurship is largely ignored or treated in a highly simplified way in endogenous growth theory. Still, it is now … creation. This study consists of an in-depth examination of how the supply of productive entrepreneurship is likely to be … institutions have systematically reduced economic incentives both for opportunity-based and necessity entrepreneurship. Both …

Persistent link: https://www.econbiz.de/10001717909

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