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In this paper we present an overview of a number of issues relating to the equilibrium exchange rates of transition economies of the former soviet bloc. In particular, we present a critical overview of the various methods available for calculating equilibrium exchange rates and discuss how...
Persistent link: https://www.econbiz.de/10009477512
The productivity is possible measure by different defined type of productivity indicators with considerable differences … analysis’s range. For comparison productivity at the national level is better to use aggregates at constant prices, which show … us the level and growth rate of physical product. For comparison productivity at the international level is better to use …
Persistent link: https://www.econbiz.de/10011315894
between infrastructure and private productivity. The second subject is the determinants of regional infrastructure investment … infrastructure to private production; the essays three to five study besides the productivity effects also the determinants of …
Persistent link: https://www.econbiz.de/10009467016
rigidity. The third essay analyses how different unionisation structures affect firm productivity and firm performance in a … among heterogeneous producers and increases average productivity and profit levels, firm-level bargaining allows less … productive entrants to remain in the market. The positive effect of centralised bargaining on average productivity can, however …
Persistent link: https://www.econbiz.de/10009467258
on productivity growth, and additionally export behavior has to be persistent over time. Both conditions are empirically …
Persistent link: https://www.econbiz.de/10009449074
-, consultation-, and co-determination rights. The effects works councils have on productivity and profits are estimated for medium …-sized manufacturing firms using information from the IAB establishment panel. The results indicate a positive effect on productivity of 6 …
Persistent link: https://www.econbiz.de/10009451164
Persistent link: https://www.econbiz.de/10010353281
We study the behavior of real exchange rates in a two-country dynamic equilibrium model. In this model, consumers can only consume domestic goods but can invest costlessly in capital stocks of both countries. Nevertheless, transporting goods between the two countries is costly and, hence, the...
Persistent link: https://www.econbiz.de/10009440709
the Harrod-Balassa-Samuelson effect (the effect of productivity differentials on real exchange rates) in a nonlinear …
Persistent link: https://www.econbiz.de/10009440727