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In a two-sector-economy with real wage rigidity, we examine how technical progress in one sector affects aggregate unemployment. We show that aggregate unemployment decreases for uneven technical change in the case of Cobb-Douglas production functions. For every type of technical progress there...
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In a two-sector-economy with real wage rigidity, we examine how technical progress in one sector affects aggregate unemployment. We show that aggregate unemployment decreases for uneven technical change in the case of Cobb-Douglas production functions. For every type of technical progress there...
Persistent link: https://www.econbiz.de/10013320565
Persistent link: https://www.econbiz.de/10000147702
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We explore the design of self-financing tax/subsidy mechanisms to solve hold-up problems in environmental regulation …. Under Cournot competition, announcing the subsidy rate seems to be preferable to announcing the tax rate. Moreover, for … be designed as self-financing tax/subsidy mechanisms. …
Persistent link: https://www.econbiz.de/10003147797
We explore the design of self-financing tax/subsidy mechanisms to solve hold-up problems in environmental regulation …. Under Cournot competition, announcing the subsidy rate seems to be preferable to announcing the tax rate. Moreover, for … be designed as self-financing tax/subsidy mechanisms. …
Persistent link: https://www.econbiz.de/10003120276
We explore the design of self-financing tax/subsidy mechanisms to solve hold-up problems in environmental regulation …. Under Cournot competition, announcing the subsidy rate seems to be preferable to announcing the tax rate. Moreover, for … be designed as self-financing tax/subsidy mechanisms …
Persistent link: https://www.econbiz.de/10013318281