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Equilibrium unemployment and capital intensity under product and labor market imperfections
Kauppi, Heikki (contributor); Koskela, Erkki (contributor);  … - 2004
We study the implications of product and labor market imperfections for equilibrium unemployment under both exogenous and endogenous capital intensity. With endogenous capital intensity, stronger labor market imperfections always increase equilibrium unemployment. The relationship between the...
Persistent link: https://www.econbiz.de/10002521703
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Regulation, institutions and aggregate investment : new evidence from OECD countries
Égert, Balázs - 2017
This paper investigates the relationship linking investment (capital stock) and structural policies. Using a panel of … with less investment (lower capital stock). The paper also sheds light on the existence of non-linear effects of product …, barriers to entrepreneurship and barriers to trade and investment) tend to amplify the negative relationships between product …
Persistent link: https://www.econbiz.de/10011638226
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The Ifo industry growth accounting database
Roehn, Oliver (contributor); Eicher, Theo S. (contributor);  … - 2007
Persistent link: https://www.econbiz.de/10003495711
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Effects of unilateral climate policy on terms of trade, capital accumulation, and welfare in a world economy
Farmer, Karl (contributor); Friedl, Birgit (contributor);  … - 2008
We present a two-good, two-country overlapping generations model where emissions arise from production and each country has a domestic emission permit system. When one country unilaterally reduces her cap on emissions, her output available for domestic and foreign consumption diminishes more...
Persistent link: https://www.econbiz.de/10003749461
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Physical capital estimates for China's provinces, 1952-2015 and beyond
Holz, Carsten A.; Yue, Sun - 2017
Capital estimates are widely used in economic growth and productivity studies, for profitability considerations and wealth accounting exercises. Yet the calculation of "capital" frequently receives only cursory attention, despite the challenges posed by conceptual difficulties, the complexity of...
Persistent link: https://www.econbiz.de/10011653808
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Understanding PRC investment statistics
Holz, Carsten A. - 2020
Investment statistics of the People's Republic of China are a source of many puzzles. Some investment data are of … dubious quality, while the particular concepts of investment and their changing definitions over time are often poorly … understood. Fixed asset investment, a remnant of the planned economy, comes with severe limitations in terms of data coverage and …
Persistent link: https://www.econbiz.de/10012165950
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Labor in the boardroom
Jäger, Simon; Schoefer, Benjamin; Heining, Jörg - 2019
reduces owners' capital investment -we find that granting formal control rights to workers raises capital formation. The … relations whereby shared governance raises capital by permitting workers to bargain over investment or by institutionalizing …
Persistent link: https://www.econbiz.de/10012138860
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Voice at work
Harju, Jarkko; Jäger, Simon; Schoefer, Benjamin - 2021
We estimate the effects of worker voice on job quality and separations. We leverage the 1991 introduction of worker representation on boards of Finnish firms with at least 150 employees. In contrast to exit-voice theory, our difference-in-differences design reveals no effects on voluntary job...
Persistent link: https://www.econbiz.de/10012486389
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New firms, capital intensity and the labor share : new theoretical and empirical insights
Grazzini, Jakob; Rossi, Lorenza - 2020
intensity are endogenously determined through business dynamics. It shows that a shock to the relative price of investment goods …
Persistent link: https://www.econbiz.de/10012211092
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The sustainability of Chinese growth and the aggregate factor substitution elasticity
Whalley, John; Xing, Chunbing - 2012
We discuss the sustainability of Chinese high growth relative to growth experience elsewhere, and specifically Soviet Russia in the 1950s to the 1960s by asking if the aggregate technology can eventually similarly constrain high growth performance in the Chinese case as argued by Weitzman in a...
Persistent link: https://www.econbiz.de/10009490607