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A linear and lagged relationship between inflation, unemployment and labor force change rate, π(t)=A0UE(t-t0)+A1dLF(t-t1)/LF(t-t1)+A2 (where A0, A1, and A2 are empirical country-specific coefficients), was found for developed economies. The relationship obtained for France is characterized by...
Persistent link: https://www.econbiz.de/10005835964
This article re-examines Earl Hamilton’s famous 1929 thesis on ‘Profit Inflation’ and the ‘birth of modern industrial capitalism’: namely, that the inflationary forces of the Price Revolution era produced a widening gap between prices and wages, thus providing industrial entrepreneurs...
Persistent link: https://www.econbiz.de/10005836522
In 1997, the French government put into effect a law that permanently exempted young French male citizens born after Jan 1, 1979 from mandatory military service while still requiring those born before that cutoff date to serve. This paper uses a regression discontinuity design to identify the...
Persistent link: https://www.econbiz.de/10011212582
"Evidence-based medicine” approaches began to be formalized in the early 1990s to promote a conscientious, explicit and judicious use of current best evidence in decision-making on care for individual patients. These approaches were subsequently extended to other spheres of public decision...
Persistent link: https://www.econbiz.de/10011257826
How did modern and centralized fiscal institutions emerge? We develop a model that explains (i) why pre-industrial states relied on private individuals to collect taxes; (ii) why after 1600 both England and France moved from competitive methods for collecting revenues to allocating the right to...
Persistent link: https://www.econbiz.de/10011258689
Stable employment seems to be difficult to access for descendants of immigrants in contemporary France. This article discusses relative group size of ethnic communities as a possible explanation. Using data by Enquête Génération 98+7, I find empirical evidence that higher ethnic...
Persistent link: https://www.econbiz.de/10011204420
The paper presents the results of a research on railway regulation and liberalisation in Italy, France, Germany and Spain. The analysed fields of regulation are the relationship between the State and the rail companies, network access conditions by operators, slot allocating and pricing schemes...
Persistent link: https://www.econbiz.de/10008855557
This paper explores the rise of the fiscal state in the early modern period and its impact on legal capacity. To measure legal capacity, we establish that witchcraft trials were more likely to take place where the central state had weak legal insti- tutions. Combining data on the geographic...
Persistent link: https://www.econbiz.de/10009325592
This paper introduces a new way of investigating linear and nonlinear Granger causality between exports, imports and economic growth in France over the period 1961-2006 with using geostatistical models (kiriging and inverse distance weighting). Geostatistical methods are the ordinary methods for...
Persistent link: https://www.econbiz.de/10009325619
Significant employment differences between the US and Europe are concentrated among young workers. This paper constructs a labor search model that accounts for age patterns of employment. Work experience reduces the probability that workers lose their jobs. By introducing minimum wages, the...
Persistent link: https://www.econbiz.de/10008646827