Showing 1 - 10 of 1,086
We estimate the relationship between investment and unemployment in order to explore whether the medium … up, both employment and investment fell although the estimated coefficient of investment is slightly smaller when the …
Persistent link: https://www.econbiz.de/10011782019
SMPEs with positive taxable income increased investment, interest expense and productivity. SMPEs in taxable losses did not …
Persistent link: https://www.econbiz.de/10012668013
IT investment in any sectors, it does significantly improve labor productivity for firms in manufacturing and in …, cloud usage is expected to increase the productivity of firms, as it allows them to quickly customize the IT they require to …
Persistent link: https://www.econbiz.de/10013368656
Using an intertemporal model of saving and capital accumulation we demonstrate that it is impossible for any binding minimum wage to increase the after-tax incomes of workers if the production function is Cobb-Douglas with constant returns to scale, or if there are no differences in ability...
Persistent link: https://www.econbiz.de/10010358969
Using an intertemporal model of saving and capital accumulation with two types of agents (workers and capitalists) we demonstrate that it is impossible for any binding minimum wage to increase the after-tax incomes of workers if the production function is Cobb-Douglas with constant returns to...
Persistent link: https://www.econbiz.de/10011481224
This paper analyzes long run outcomes resulting from adopting a binding minimum wage in a neoclassical model with perfectly competitive labour markets and capital accumulation. The model distinguishes between workers of heterogeneous ability and capitalists who do all the saving, and it entails...
Persistent link: https://www.econbiz.de/10010428828
reducing unemployment compared to most continental European OECD countries. As a rule they have also been and are still ahead …
Persistent link: https://www.econbiz.de/10011408964
In contrast to much recent work regarding the causes of European unemployment, in this paper, we emphasise the … accumulation and unemployment, we argue that what matters for the evolution of employment [and the unemployment rate] is not the …
Persistent link: https://www.econbiz.de/10009781506
We study the implications of product and labor market imperfections for equilibrium unemployment under both exogenous … equilibrium unemployment. The relationship between the long-run unemployment and the intensity of product market competition is … long-run equilibrium unemployment is an increasing function of product market imperfections when the elasticity exceeds …
Persistent link: https://www.econbiz.de/10002521703
The paper develops a unified general equilibrium model including savings with overlapping generations, investment and … search unemployment. Long-run analytical results for the small open economy identify capital accumulation as a prime … transmission channel. The effects of integration on unemployment, however, depend importantly on the nature of wage taxation and …
Persistent link: https://www.econbiz.de/10009781622