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Incomes policy started with the San Valentine's decree of 1984, which marks the beginning of the process that led to the abolishment of Scala Mobile and reached its peak with the Protocollo d'intesa of 1993. The work proposes to study by cointegration analysis the effects of incomes policy on...
Persistent link: https://www.econbiz.de/10008592998
This paper investigates which different views have occurred on the main lines of the Dutch incomes policy. To this end the implications of the incomes policies pursued by different cabinets have been analyzed, mainly since 1973. It appears that distributive policies are heavily influenced by a...
Persistent link: https://www.econbiz.de/10005616576
In 1951 the United States began moving toward an incomes policy, an attempt to end postwar wage and price inflation by linking changes in these prices to gains in productivity. Other countries later followed suit; some countries had already adopted wage and price control policies. The...
Persistent link: https://www.econbiz.de/10005622182
Recent Post-Keynesian proposals for an economic policy to overcome stagnation and mass unemployment also stress the necessity of incomes policy without precisely specifying the role of such a policy. Starting from the theories of distribution by Kalecki and Kaldor this paper therefore tries to...
Persistent link: https://www.econbiz.de/10008587489
The question this paper poses relates to the role of economic theories in gaining wider support around political agendas. That is their ability to describe a problem in such a way, so that the “answer” would appear not as a political demand in favor of one class, but as a prerequisite for...
Persistent link: https://www.econbiz.de/10011258546
establish an accurate risk-return ratio. The efficiency of banks involved in the shipping industry is particularly important … shipping companies. This paper presents an effort to assess the shipping banks’ efficiency, and the determination of those … factors which affect their technical efficiency, through the application of Data Envelopment Analysis. The results of this …
Persistent link: https://www.econbiz.de/10011210480
Major factors of efficiency of the economy of Ukraine, which influence is formalized in the form of valid regression … models, are revealed. On the basis of the constructed models the forecast of dynamics of the basic parameters of efficiency … of efficiency of economy of Ukraine are revealed. …
Persistent link: https://www.econbiz.de/10011267889
We analyze how the possibility of resale affects efficiency in multi-object uniform-price auctions with asymmetric … participate in a resale market after the auction. In all treatments, the possibility of resale increases efficiency after the … auction, but it also induces demand reduction by high-value bidders during the auction, which reduces auction efficiency. In …
Persistent link: https://www.econbiz.de/10011272701
innovations, trends and efficiency. In particular, we focus on controversial issues of microfinance, such as commercialization …
Persistent link: https://www.econbiz.de/10011258789
intangible assets on efficiency of professional football clubs. Econometric approach was used to establish econometric models for … three indicators of efficiency – total income, total cash flow and rank of club in the national championship. In all models … intangible assets (professional players) have reliable positive effect on efficiency of English football clubs. …
Persistent link: https://www.econbiz.de/10011258843