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Beyond Okun's law : output growth and labor market flows
Lim, Guay C.; Dixon, Robert J.; Ours, Jan C. van - 2018
This paper studies the relationship between the change in the unemployment rate and output growth using an approach based on labor market flows. The framework shows why the Okun coefficient may be constant/time-varying and/or symmetric/asymmetric and that the outcome lies with the behavior of...
Persistent link: https://www.econbiz.de/10011940045
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The microfoundations of macroeconomics : an evolutionary perspective
Bergh, Jeroen C. J. M. van den; Gowdy, John M. - 2000
We consider the microfoundations controversy from the perspective ofeconomic evolution and show that the debatecan …, it has rarely focused on clarifying the micro-macro distinction in economic theory and modelling.The macroevolution … topicsincorporating ideas from evolutionary theory into economics are:economic exaptations, macroeconomic consequencesof institutions, and …
Persistent link: https://www.econbiz.de/10011303317
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The microfoundations of macroeconomics : an evolutionary perspective
Bergh, Jeroen C. J. M. van den; Gowdy, John M. - 2000
Persistent link: https://www.econbiz.de/10001464964
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An experimental investigation of wage taxation and unemployment in closed and open economies
Riedl, Arno; Winden, Frans A. A. M. van - 2000
We investigate experimentally the economic effects of wage taxation to finance unemployment benefits for a closed economy and an international economy. The main findings are the following. (i) There is clear evidence of a vicious circle in the dynamic interaction between the wage tax and...
Persistent link: https://www.econbiz.de/10011304623
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Optimal government spending and unemployment
Linnemann, Ludger; Schabert, Andreas - 2008
Persistent link: https://www.econbiz.de/10003690042
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Microfoundations
Janssen, Maarten C. W. - 2006
Persistent link: https://www.econbiz.de/10003314804
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Microfoundations
Janssen, Maarten C. W. - 2006
This paper gives an overview and evaluates the literature on Microfoundations. …
Persistent link: https://www.econbiz.de/10011349210
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Value of time by time of day : a stated-preference study
Tseng, Yin-Yen; Verhoef, Erik T. - 2007
Persistent link: https://www.econbiz.de/10003644033
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A monopolist in public transport : undersupply or oversupply?
Karamychev, Vladimir A.; Reeven, Peran A. van - 2009
Persistent link: https://www.econbiz.de/10003874334
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Value of time by time of day : a stated-preference study
Tseng, Yin-yen; Verhoef, Erik T. - 2007 - This version: 07/11/07
This paper proposes an alternative, dynamic framework for estimatingtime-varying values of travel time savings and values of schedule delay, in whichtime-preferences are represented as the time-varying excess willingness to pay(EWPT) to being in the one location, over being elsewhere. It is...
Persistent link: https://www.econbiz.de/10011372988