Showing 1 - 10 of 177
model jointly to services trade and commercial presence (i.e. FDI), using a composite model of delivery that offers testable … hypotheses about the roles of different modes of services supply as complements or substitutes. We further link our estimates to … and financial services as showing the largest potential for cross-border trade when market regulations are reduced and …
Persistent link: https://www.econbiz.de/10010294854
This study investigates the general equilibrium effects of a fertility shock under different intergenerational transfer schemes. The effects on lifetime income and utility for different generations, as well as the effects on factor prices, are analyzed in a three-period overlapping generations...
Persistent link: https://www.econbiz.de/10010321536
In this paper we examine the effect of family structure on children’s educational outcomes by exploiting the sibling structure in the NLSY and NLSY-Child to control for unobserved heterogeneity across families and individuals. We also compare outcomes for children within the same...
Persistent link: https://www.econbiz.de/10010397445
This paper examines the causal link between education and democracy. Motivated by a model whereby educated individuals …, the empirical analysis uses World Values Surveys to study the link between education and democratic attitudes. Controlling … for a variety of characteristics, the paper finds that higher education levels tend to result in prodemocracy views. These …
Persistent link: https://www.econbiz.de/10010278288
The paper evaluates the performance of three popular monetary policy rules when the central bank is learning aboutthe parameter values of a simple New Keynesian model. The three policies are: (1) the optimal non-inertial rule; (2)the optimal history-dependent rule; (3) the optimal price-level...
Persistent link: https://www.econbiz.de/10005870371
New data on individual worker’s outputs show that New England ring spinners exhibited substantial on the job learning c. 1905. Despite this, variable capital-labour ratios meant high labour turnover reduced aggregate labour productivity only fractionally. The combination of variable...
Persistent link: https://www.econbiz.de/10005870600
Virtual assignments are characterized by the spatial separation of private and business life.The virtual delegate lives and interacts in one culture, yet he or she works together mainlywith people from another culture. While the virtual assignee is physically located in theheadquarters, from an...
Persistent link: https://www.econbiz.de/10005869234
Human resource management is one of the key factors in the productivity, growth and value of companies in which knowledge plays a key role. However, especially the shrinking of industrialized societies, in which the population is ageing rapidly, will dramatically influence the structure of the...
Persistent link: https://www.econbiz.de/10010307458
Time series regressions indicate that age structure has significant forecasting power on Swedish inflation. The results agree with a Phillips-Okun framework, assuming that the demographic composition affects productivity. The relative age effects are also relatively well in accordance with what...
Persistent link: https://www.econbiz.de/10010321784
We provide evidence that lower fertility can simultaneously increase income per capita and lower carbon emissions, eliminating a trade-off central to most policies aimed at slowing global climate change. We estimate the effect of lower fertility on carbon emissions accounting for the fact that...
Persistent link: https://www.econbiz.de/10011669327