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The celtic tiger faces the factor price frontier: Labour market adjustment in Ireland
Schimmelpfennig, Axel - 1998
Labour market flexibility is the key to sustainable economic development in advanced economies. The factor price frontier is used to analyse labour market adjustment in Ireland from the sixties to the present. The theoretical and empirical analysis lend support to the wideheld belief that...
Persistent link: https://www.econbiz.de/10010275160
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Globalisation, wage adjustment, and unemployment: An empirical analysis based on the factor price frontier
Hornung, Dietmar; Schimmelpfennig, Axel; Wapler, Rüdiger - 1997
the United States and for Germany with the Johansen procedure. While the U. S. economy adjusts along a single factor price …
Persistent link: https://www.econbiz.de/10010275285
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Supply shocks and the factor price frontier: Labour market adjustment in the United States and Germany
Hornung, Dietmar; Schimmelpfennig, Axel; Wapler, Rüdiger - 1998
shift of relative labour demand towards skilled labour. The theoretical results are confirmed by our estimation of the … factor price frontier for the United States and Germany. …
Persistent link: https://www.econbiz.de/10010435514