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Labour market dynamics in Australia : what drives unemployment?
Karanassou, Marika (contributor); Sala, Hector (contributor) - 2009
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
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Venture capital investment and labor market performance : new empirical evidence for OECD countries
Belke, Ansgar (contributor); Schaal, Andreas (contributor) - 2004
Anglo-Saxon countries have been successful in the 1990s concerning labor market performance compared to the former role models Germany and Japan. This reversal in relative economic performance might be related to idiosyncracies in financial markets with bank-based financial markets as in Germany...
Persistent link: https://www.econbiz.de/10002540743
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Offshoring and labor markets
Hummels, David; Munch, Jakob Roland; Chong, Xiang - 2016
In this paper we survey the recent empirical literature on the effects of offshoring on wage, employment and displacement. We start with an overview of the measurement of offshoring, organizing our discussion around the three key elements of offshoring: that it involves intermediate inputs for...
Persistent link: https://www.econbiz.de/10011452576
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Infinite dimensional VARs and factor models
Chudik, Alexander (contributor);  … - 2007
that this will lead to a dynamic factor model with the dominant unit acting as the factor. The problems of estimation and … documented by Monte Carlo experiments. An empirical application to modelling of real GDP growth and investment-output ratios … dominant effects are found. The results also suggest that increase in investment as a share of GDP predict higher growth rate …
Persistent link: https://www.econbiz.de/10003646695
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Capital accumulation and growth : a new look at the empirical evidence
Bond, Steve (contributor); Leblebicioglu, Asli (contributor) - 2004 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10002093538
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The rise of the East and the Far East : German labor markets and trade integration
Dauth, Wolfgang; Findeisen, Sebastian; Südekum, Jens - 2012
and export exposure. We find that the rise of "the East" in the world economy caused substantial job losses in German …
Persistent link: https://www.econbiz.de/10009558995
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An empirical growth model for major oil exporters
Esfahani, Hadi Salehi; Mohaddes, Kamiar; Pesaran, M. Hashem - 2012
This paper develops a long-run growth model for a major oil exporting economy and derives conditions under which oil revenues are likely to have a lasting impact. This approach contrasts with the standard literature on the "Dutch disease" and the "resource curse", which primarily focuses on...
Persistent link: https://www.econbiz.de/10009535794
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The linkages between FDI and domestic investment : unravelling the developmental impact of foreign investment in Sub-Saharan Africa
Ndikumana, Léonce (contributor);  … - 2008
While the recent increase in foreign direct investment (FDI) to African countries is a welcome development, the … the impact of FDI on development is through its effects on domestic factor markets, especially domestic investment and … employment. In this context, this study analyses the two-way linkages between FDI and domestic investment in Sub-Saharan Africa …
Persistent link: https://www.econbiz.de/10003652696
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The causal effects of an industrial policy
Criscuolo, Chiara; Martin, Ralf; Overman, Henry G.; Van … - 2012
positive program treatment effect on employment, investment and net entry but not on TFP. OLS underestimates program effects …,300 suggesting that in some respects investment subsidies can be cost effective. -- industrial policy ; regional policy ; employment … ; investment ; productivity …
Persistent link: https://www.econbiz.de/10009530771
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Investment crowding-out and labor market effects of financialization in the US
González, Ignacio; Sala, Hector - 2013
financial markets work, and stress the vital need of preventing financial devices that result in productive investment crowding …
Persistent link: https://www.econbiz.de/10009721371