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Trade, wages, and profits
Egger, Hartmut; Egger, Peter; Kreickemeier, Udo - 2012
This paper formulates a structural empirical model of heterogeneous firms whose workers exhibit fair-wage preferences, leading to a link between a firm's operating profits and wages of workers employed by this firm. We estimate the parameters of the model in a data-set of five European...
Persistent link: https://www.econbiz.de/10009581985
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Beyond Balassa and Samuelson : real convergence, capital flows, and competitiveness in Greece
Belke, Ansgar; Haskamp, Ulrich; Schnabl, Gunther; … - 2015
We scrutinize the role of capital flows for competitiveness in seven euro-area countries in the context of real convergence and crisis with a specific focus on Greece. The paper extends the seminal Balassa-Samuelson model to include international capital markets. Capital flows are assumed to be...
Persistent link: https://www.econbiz.de/10011350203
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Sectoral trends and cycles in Germany
Cheung, Yin-Wong; Westermann, Frank - 2001
We examine the comovements between the output indexes of three German sectors (manufacturing, mining, and agriculture …
Persistent link: https://www.econbiz.de/10011398919
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Why is measured productivity so low in agriculture?
Herrendorf, Berthold; Schoellman, Todd - 2015
In poor countries, labor productivity in agriculture is considerably lower than in the rest of the economy. We assess … between the marginal value products of agriculture and non-agriculture are considerably smaller when measured through wages … than through labor productivities. Third, labor productivity in agriculture is severely mis-measured in the US. …
Persistent link: https://www.econbiz.de/10011309213
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Geography vs. institutions at the village level
Grimm, Michael (contributor); Klasen, Stephan (contributor) - 2008
Persistent link: https://www.econbiz.de/10003662858
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Why is there a spike in the job finding rate at benefit exhaustion?
Boone, Jan; Ours, Jan C. van - 2009
Putting a limit on the duration of unemployment benefits tends to introduce a spikeʺ in the job finding rate shortly before benefits are exhausted. Current theories explain this spike from workers’ behavior. We present a theoretical model in which also the nature of the job matters....
Persistent link: https://www.econbiz.de/10003897555
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Inside post-socialist courts : the determinants of adjudicatory outcomes in Slovenian commercial disputes
Dimitrova-Grajzl, Valentina; Grajzl, Peter; Zajc, Katarina - 2014
two decades after the start of transition in Slovenia, the judicial system is still a source of legal inconsistency and …
Persistent link: https://www.econbiz.de/10010383306
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Debt recovery in firm liquidations : do liquidation trustees matter?
Cepec, Jaka; Grajzl, Peter; Zajc, Katarina - 2016
of the liquidation proceedings. To this end, we draw on a novel dataset of firm liquidations from Slovenia and exploit …
Persistent link: https://www.econbiz.de/10011518156
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Economic sanctions and agricultural trade
Larch, Mario; Luckstead, Jeff; Yotov, Yoto - 2021
Combining two new datasets on sanctions and agricultural trade and implementing step-by-step the latest developments in the empirical structural gravity literature, we investigate the effects of sanctions on international trade of agricultural products. We find that trade sanctions have been...
Persistent link: https://www.econbiz.de/10012668821
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Measuring the immeasurable : the evolution of the size of informal economy in the agricultural sector in the EU-15 up to 2019
Schneider, Friedrich; Morkunas, Mangirdas; Quendler, Erika - 2021
This study is the first scientific attempt to calculate the size of the informal economy in agriculture. The Multiple … indicators multiple causes model (MIMIC) was developed for the estimation of levels of informal economy in 15 "Old" European … higher levels of informal economy in agriculture compared to the overall economy. The impact of subsidies and farm …
Persistent link: https://www.econbiz.de/10012486396