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Avoiding the Trap: The Dynamic Interaction of North-South Capital Mobility and Technology Diffusion

Hübler, Michael - Institut für Weltwirtschaft (IfW) - 2009

This paper analyzes a stylized model of international capital mobility and diffusion of embodied technologies from North to South. The South can fall behind in terms of technologies or get trapped in a situation, in which it is unable to attract foreign capital and embodied technologies, if its...

Persistent link: https://www.econbiz.de/10005076090

The Optimal Transfer of Capital and Embodied Technologies to Developing Countries

Hübler, Michael; Lontzek, Thomas S. - Institut für Weltwirtschaft (IfW) - 2009

We study the North-South diffusion of technologies embodied in internationally mobile capital in a framework of intertemporal global welfare maximization. Convergence of the growth rates of technical change in the North and South always occurs in the long-run. However, the degree to which the...

Persistent link: https://www.econbiz.de/10005818868

Determinants of the weight for leisure in preferences

Elgin, Ceyhun; Yucel, Emekcan - Institut für Weltwirtschaft (IfW) - 2013

In this paper, the authors investigate the determinants of weight for leisure in preferences. First, using a dynamic … general equilibrium model, they back out the weight for leisure for an unbalanced panel of 52 countries over the period from … leisure as the dependent variable. Estimation results imply that trade openness, GDP per-capita and average temperature …

Persistent link: https://www.econbiz.de/10010956054

Active Labor Market Programs - Employment Gain or Fiscal Drain?

Brown, Alessio J. G.; Koettl, Johannes - Institut für Weltwirtschaft (IfW) - 2012

This paper provides a new perspective in classifying ALMPs depending on their main objective, also in light of their relevance and cost-effectiveness during normal times, during a crisis, and during recovery. We distinguish ALMPs that provide incentives for retaining employment, incentives for...

Persistent link: https://www.econbiz.de/10010887030

Incentives and Complementarities of Flexicurity

Brown, Alessio J. G.; Snower, Dennis - Institut für Weltwirtschaft (IfW) - 2009

This paper analyses how and to which degree the Danish flexicurity concept and its various elements achieve the renowned Danish miracle by evaluating their unemployment and inequality effects and their complementarities. We develop a microfounded model of searching workers and firms, calibrate...

Persistent link: https://www.econbiz.de/10005079106

Reservation Wages, Offered Wages, and Unemployment Duration ; New Empirical Evidence

Christensen, Björn - Institut für Weltwirtschaft (IfW) - 2002

This paper studies the reservation wages of unemployed persons and the wages offered them in Germany from 1987 to 1998, whereby special focus is placed on unemployment duration. The results of the study indicate that in contrast to reservation wages, offered wages decline considerably with...

Persistent link: https://www.econbiz.de/10005755168

The Determinants of Reservation Wages in Germany Does a Motivation Gap Exist?

Christensen, Björn - Institut für Weltwirtschaft (IfW) - 2001

This paper investigates the reservation wages of unemployed persons on the basis of a job-search model with non-static reservation wages using panel data from Germany from 1987 to 1998. The results suggest that reservation wages are relatively high in Germany compared to other countries....

Persistent link: https://www.econbiz.de/10005755186

New Evidence, Old Puzzles: Technology Shocks and Labor Market Dynamics

Balleer, Almut - Institut für Weltwirtschaft (IfW) - 2009

Can the standard search-and-matching labor market model replicate the business cycle fluctuations of the job finding rate and the unemployment rate? In the model, fluctuations are prominently driven by productivity shocks which are commonly interpreted as technology shocks. I estimate different...

Persistent link: https://www.econbiz.de/10005700638

Can Oil-led Growth and Structural Change Go Hand in Hand in Ghana? A Multi-sector Intertemporal General Equilibrium Assessment

Breisinger, Clemens; Diao, Xinshen; Wiebelt, Manfred - Institut für Weltwirtschaft (IfW) - 2012

Unlike in Asia, the manufacturing sector has not (yet) become a driver of structural change in Africa. One common explanation is that the natural resource-focus of many African economies leads to Dutch disease effects. To test this argument for the case of newly found oil in Ghana we develop a...

Persistent link: https://www.econbiz.de/10010886853

Government Ideology in Donor and Recipient Countries: Does Political Proximity Matter for the Effectiveness of Aid?

Dreher, Axel; Minasyan, Anna; Nunnenkamp, Peter - Institut für Weltwirtschaft (IfW) - 2013

Political proximity between donor and recipient governments may impair the effectiveness of aid by encouraging favoritism. By contrast, political misalignment between donor and recipient governments may render aid less effective by adding to transaction costs and giving rise to incentive...

Persistent link: https://www.econbiz.de/10010886870

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