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The debate in Australia on the (constant-output) elasticity of labour demand with respect to wages has wrongly sidelined the role of capital stock as a determinant of employment (Webster, 2003). As far back as 1991, Pissarides had argued that the influence of capital stock on the performance of...
Persistent link: https://www.econbiz.de/10003793964
This paper analyzes the joint effect of EPL and financial market imperfections on investment, capital … stronger in firms with lower levels of internal resources. We find that, on average, EPL reduces investment per worker, capital …
Persistent link: https://www.econbiz.de/10003832294
Trade and migration have become more important in recent years for Austria and Germany. The transition in Central and …
Persistent link: https://www.econbiz.de/10011294537
by immigrants in such diverse immigrant-receiving countries as Canada, Germany, Israel and the United States. It is …
Persistent link: https://www.econbiz.de/10011318595
This paper studies inequalities in labour market outcomes, incomes and economic concerns across workers in Germany … pillars of Germany's policy response to the crisis, prevented a further widening of labour market inequalities. In spite of …
Persistent link: https://www.econbiz.de/10013343261
Persistent link: https://www.econbiz.de/10002036022
Persistent link: https://www.econbiz.de/10002157921
arise once specialized investment is made. Therefore, this paper investigates whether such agreements affect firm …-level investment. Based on the IAB Establishment Panel Survey 2001-2010 our estimates reveal that the adoption of a company-level pact … leads to a higher investment rate than in other firms driven by re-investment. However, the Great Recession has damped this …
Persistent link: https://www.econbiz.de/10009700205
beginning of the century. Germany is an exception. A large increase in the prices of buildings, structures and lands for private …
Persistent link: https://www.econbiz.de/10009715724
By applying a stochastic production frontier approach to the matching process of unemployed and vacancies, this paper provides novel detailed insights into the process of job creation. For different labor markets as defined by occupation and region, the methodology produces estimates of the...
Persistent link: https://www.econbiz.de/10011412710