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by a central authority that taxes the profit of industrial firms to subsidy employment in innovative activities. We show …
Persistent link: https://www.econbiz.de/10008789114
Using both reduced-form and structural approaches, the spectrum of policy recommendations that can be drawn from empirical economic geography is pretty large. Reduced-form approaches allow the researchers to consider many variables that impact on regional disparities, as long as they are careful...
Persistent link: https://www.econbiz.de/10008793664
inflation, both as an objective and as an intermediate instrument. We want to show that other variables like employment can be … that they can be function of employment only, which then dominates inflation for use in the policy rule. …
Persistent link: https://www.econbiz.de/10010929093
This paper examines the effects of tourism on labor employment, capital accumulation and resident welfare for a small … open economy with unemployment. A tourism boom improves the terms of trade, increases labor employment, but lowers capital …
Persistent link: https://www.econbiz.de/10010930192
composite goods from private firms. Such a policy unambiguously increases employment. It also raises private consumption and … employment, welfare and private consumption rise. We provide magnitudes for different parameter values. …
Persistent link: https://www.econbiz.de/10009369658
This paper analyses the response of labor input to technology shocks in an estimated two-stage production framework with both price and wage stickiness and stage-specific shocks to productivity. Our model features a vertical input-output structure with imperfect mobility of labors across stages....
Persistent link: https://www.econbiz.de/10010750401
This paper deals with the consequence of public employment on labor market performances in 17 OECD countries over the … period 1960-2000. It is argued that public employment had an important crowding out e¤ect on the private sector and increased …
Persistent link: https://www.econbiz.de/10010750603
Most studies on the green tax reform issue point out that environmental taxes exacerbate pre-existing tax distortions, thereby increasing the welfare costs associated with the overall tax code. As a result, the optimal environmental tax should lie below the Pigovian level (or marginal social...
Persistent link: https://www.econbiz.de/10010750625
This paper considers the role mergers and acquisitions have on employment. First, it considers the importance of … activity in a similar manner, employment authorities may be able to anticipate the regions in which takeovers are more likely …
Persistent link: https://www.econbiz.de/10010750769
strategy. This paper evaluates the e®ect of this policy on employment and also on output and welfare. We construct an …
Persistent link: https://www.econbiz.de/10010750885