Showing 1 - 10 of 4,812
Persistent link: https://www.econbiz.de/10002035589
This paper provides a long-term view by studying the effect of the underground or shadow economy on economic growth in the Unites States over the period 1870 to 2014. Shadow activities might spur or retard economic growth depending on their interactions with the formal sector and impacts on the...
Persistent link: https://www.econbiz.de/10011641560
This paper analyses the relation between US inflation and unemployment from the perspective of "frictional growth," a phenomenon arising from the interplay between growth and frictions. In particular, we examine the interaction between money growth (on the one hand) and various real and nominal...
Persistent link: https://www.econbiz.de/10003586564
This paper empirically revisits the impact of birthplace diversity on economic growth. We use panel data on US states over the 1960-2010 period. This rich data set allows us to better deal with endogeneity issues and to conduct a large set of robustness checks. Our results suggest that diversity...
Persistent link: https://www.econbiz.de/10011906484
In this paper we analyse a new Phillips curve (NPC) model and demonstrate that (i) frictional growth, i.e. the interplay of wage-staggering and money growth, generates a nonvertical NPC in the long-run, and (ii) the Phillips curve (PC) shifts with productivity growth. On this basis we estimate a...
Persistent link: https://www.econbiz.de/10003879334
Gavosto, Venturini, Villosio (1999) find that the impact of foreign workers on the wage of natives was positive. Such a result was partly to be expected, and therefore the effect of immigrants on native employment is analyzed here. Two aspects of the unemployment experience are taken into...
Persistent link: https://www.econbiz.de/10011410707
: competition, business environment, learning spillovers and human capital. Collectively, these drivers account for about a third of …
Persistent link: https://www.econbiz.de/10011641779
behavior by presenting a framework of competition between two contestants from two different groups. The results are examined …
Persistent link: https://www.econbiz.de/10008689021
Recent human capital theories predict that labor market frictions and product market competition influence firm …, product market competition does not have an effect on firm-sponsored training. We conclude that increasing competition through …-sponsored training ; labor market frictions ; product market competition ; matched worker-firm data …
Persistent link: https://www.econbiz.de/10003975223
effect of private-school competition on students' entrepreneurial intentions. We exploit Catholic-Church resistance to state … shares, students' academic skills, and parents' entrepreneurial occupation. -- Private school competition ; entrepreneurship …
Persistent link: https://www.econbiz.de/10003983640