Showing 1 - 10 of 2,421
easing entrepreneurial investments for credit-constrained individuals whose investment possibilities depend on their income …
Persistent link: https://www.econbiz.de/10003225929
Paper addresses the recent initiatives of EU Lisbon Agenda to increase level of R&D expenses in EU Member States by studying firm-level panel data in most advanced transition economy, Slovenia. Previous empirical literature mainly cross-sectional has tested the demand-pull hypothesis and found...
Persistent link: https://www.econbiz.de/10003595837
This paper documents an increasing intergenerational income persistence in China since economic reforms were introduced in 1979. The intergenerational income elasticity increases from 0.390 for the 1970-1980 birth cohort to 0.442 for the 1981-1988 birth cohort; this increase is more evident...
Persistent link: https://www.econbiz.de/10012139270
tax imposed on owners of small and medium sized businesses affects their firms' investment and employment decisions …
Persistent link: https://www.econbiz.de/10012295610
The interest rate is generally considered as an important driver of macroeconomic investment. As an innovation, this … paper derives the exact shape of the "hysteretic" impact of changes in the interest rate on macroeconomic investment under … capital stock and, explicitly, of stochastic changes on the interest rate-investment hysteresis. Starting with hysteresis …
Persistent link: https://www.econbiz.de/10012099522
We extend the benchmark model of Aghion and Blanchard (1994), assuming two segments of the emerging private sector that differ in workers' productivity. We look at the paths of employment, wages, taxes, labor costs and profits during and after the transition, up until the shock is fully...
Persistent link: https://www.econbiz.de/10003339774
We present a model of wage contract violation that implies a possibility of multiple equilibria in the level of arrears. Positive feedback arises because each employer's arrears affect the costs of late payment faced by other employers operating in the same labor market, resulting in a network...
Persistent link: https://www.econbiz.de/10011339102
We develop a theory of endogenous regimes transitions (with a focus on democratic consolidation), which emphasizes the …
Persistent link: https://www.econbiz.de/10009755330
The rate at which workers switch employers without experiencing a spell of unemployment is one of the most important labor market indicators. However, Employer-to-Employer (EE) transitions are hard to measure in widely used matched employer-employee datasets such as those available in the US. We...
Persistent link: https://www.econbiz.de/10012805855
We review the foundations of the economic development-contraception nexus, focusing on the pathways through which economic factors drive contraceptive adoption and change. We investigate the channels through which the relationship between economic development and contraceptive dynamics are...
Persistent link: https://www.econbiz.de/10013500602