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Sacred values differ from material or instrumental values in that they incorporate moral beliefs that drive action in ways dissociated from prospects for success. Across the world, people believe that devotion to essential or core values – such as the welfare of their family and country, or...
Persistent link: https://www.econbiz.de/10008792893
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
This paper considers the role mergers and acquisitions on employment. First, it considers the importance of different … post-takeover period, with employees of the acquired firm having a lower probability of continued employment with the new … takeover activity in a similar manner, employment authorities may be able to anticipate the regions in which takeovers are more …
Persistent link: https://www.econbiz.de/10010750965