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The poor performance often attributed to many public employment services may be explained in part by a delegation problem between the central office and local job centers. In markets characterized by frictions, job centers function as match-makers, linking job seekers with relevant vacancies....
Persistent link: https://www.econbiz.de/10008564693
Discouragement is a process occurring during an unemployment spell. As the spell prolongs, an individual gradually realises that the returns to search can no longer outweigh search costs, and hence she may eventually leave the labour force. This is analysed theoretically in a framework of...
Persistent link: https://www.econbiz.de/10005822813
as an instrument for investment in cattle. We find average returns in the order of -2% at the mean, but they vary across …
Persistent link: https://www.econbiz.de/10010959581
positive program treatment effect on employment, investment and net entry but not on TFP. OLS underestimates program effects …,300 suggesting that in some respects investment subsidies can be cost effective. …
Persistent link: https://www.econbiz.de/10009646287
We study the implications of product market competition and investment for price setting, wage bargaining and thereby …
Persistent link: https://www.econbiz.de/10005761730
investment in skill-intensive technologies. A public education system funded by graduate taxes can restore efficiency. More …
Persistent link: https://www.econbiz.de/10005761924
The empirical identification of non-linearities in investment relies on how investment is assumed to be separated into … investment which allows us to observe regime separation, an aspect of the data that is typically absent from previous empirical … concentrating investment in a single year. Moreover, there is evidence that investment is more sensitive to fundamentals in the high …
Persistent link: https://www.econbiz.de/10005762023
In a survey published in the British Journal of Industrial Relations, Frege (2002) evaluates research on the German works council from the perspective of several disciplines, including economics. Ultimately, she concludes that economic analysis of the works council has reached a ‘dead end’....
Persistent link: https://www.econbiz.de/10005762185
Since the 1980s, China’s government has eased restrictions on internal migration. This easing, along with rapid growth of the Chinese economy and substantial increases in foreign and domestic investments, has greatly stimulated internal migration. Earlier studies have established that...
Persistent link: https://www.econbiz.de/10005703124
dynamics as investment conditions are similar. Our results are consistent with this hypothesis. Furthermore, there is no …
Persistent link: https://www.econbiz.de/10005703624