Showing 1 - 10 of 168
In this note we compare the laissez-faire steady-state solution in the Howitt and Aghion (1998) model to the social optimum. The analysis offers several new insights in comparison to the welfare analysis in Aghion and Howitt (1992). We find various new distortions between private and optimal...
Persistent link: https://www.econbiz.de/10005703487
organization (featuring job rotation, integration of tasks and learning across tasks). We examine four driving forces behind this …
Persistent link: https://www.econbiz.de/10005761774
This paper develops a conceptual framework that can explain why economic development goes along with increases in body weight and obesity rates. We first introduce the concept of novelty consumption, which refers to an increase in food availability due to trade or innovation. Then we study how...
Persistent link: https://www.econbiz.de/10011264784
This article analyses IMF estimates of economic growth in 180 countries (IMF, 2009), and inks the results to the "Re-orient" approach, put forward by Frank, 1998. With global economic gravitation shifting to the Indian Ocean/Pacific region, the article also analyses the role of MNC (foreign...
Persistent link: https://www.econbiz.de/10005015499
This paper provides a critique of the "unemployment invariance hypothesis," according to which the behavior of the labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity, and the labor force. Using Solow growth and endogenous growth...
Persistent link: https://www.econbiz.de/10005822664
return to agricultural investment, triggered selection and learning processes that had a persistent positive effect on the …
Persistent link: https://www.econbiz.de/10010959583
In EU countries, opening up of telecommunications markets and regulations have helped to reduce the price of digital services which is an important quasi-input factor in all firms. Integrating the use of telecommunications in a macroeconomic production function is the analytical starting point...
Persistent link: https://www.econbiz.de/10005233868
This paper investigates the impact of working while in school on learning outcomes through the use of a unique micro … learning outcomes is addressed through the use of a difference-in-difference estimator and it is shown that the results are … robust. A negative and significant effect of working on learning outcomes in both math and Portuguese is found. The effects …
Persistent link: https://www.econbiz.de/10010884083
understand better how subjects with different cognitive abilities learn differently, we estimate a structural model of learning … ability to that of character skills, and find that both cognition and personality affect behavior and learning. More agreeable …
Persistent link: https://www.econbiz.de/10010886141
density on productivity but we also consider many other local determinants supported by theory. Empirical issues are then …
Persistent link: https://www.econbiz.de/10010959614