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? How are wages determined? What role do labor market dynamics play in explaining business cycles and growth? The survey …
Persistent link: https://www.econbiz.de/10005822179
productivity growth, i.e. bad times, "increase the political support for more labor market rigidity only where labor appropriates … labor market flexibility, in a general equilibrium model of dynamic labor demand where the productivity of firms evolves ….e. unexpected changes in the drift and standard deviation of the stochastic process describing the dynamics of productivity, depends …
Persistent link: https://www.econbiz.de/10010268688
productivity growth, i.e. “bad times,” increase the political support for more labor market rigidity only where labor appropriates … labor market flexibility, in a general equilibrium model of dynamic labor demand where the productivity of firms evolves ….e. unexpected changes in the drift and standard deviation of the stochastic process describing the dynamics of productivity, depends …
Persistent link: https://www.econbiz.de/10005763652
sometimes on output (GDP) levels and volatility of output. This survey of the literature on Monetary policy and growth shows …In this paper we review the literature on the impact that monetary policy has on growth and employment in developing … countries. Much of the literature focusses on the impact of monetary policy on inflation levels and inflation volatility, and …
Persistent link: https://www.econbiz.de/10012005898
of product market regulation on mark-ups, firm dynamics, investment, employment, innovation productivity, and output … growth. A summary of what we learn from the econometric results concludes the paper. …
Persistent link: https://www.econbiz.de/10005822371
, and (iii) productivity and growth, relative to the contributions of the entrepreneurs’ counterparts, i.e. the ‘control … very important - but specific - function in the economy. They engender relatively much employment creation, productivity … growth and produce and commercialize high quality innovations. They are more satisfied than employees. More importantly …
Persistent link: https://www.econbiz.de/10005822686
China has achieved impressive growth over the last three decades. However, there has been debate over the sources of … the growth, and the role of the intensive versus extensive margin. Growth accounting exercises at the aggregate level … have been doubts about the contribution of TFP improvements to growth. For the period between 1978 and 1998, Young (2003 …
Persistent link: https://www.econbiz.de/10008615448
This paper is no longer available.
Persistent link: https://www.econbiz.de/10010552468
in the U.S. private sector affect economic performance - productivity, profitability, investment, and growth. Freeman and … investment and, subsequently, lower employment and productivity growth. There is little evidence that unionization leads to … Medoff are clearly correct that union productivity effects vary substantially across workplaces. Their conclusion that union …
Persistent link: https://www.econbiz.de/10010261606
show a significant impact of openness on productivity growth. We find also an effect, significant at the ten per cent level …, of the level of human capital on the level of income but no effect on underlying productivity growth. Our preferred … MENA countries. To answer the question: whether either human capital or openness can be shown to cause productivity, we use …
Persistent link: https://www.econbiz.de/10010262187