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We consider a multi-sector overlapping generations model with oligopolistic firms in the output markets and wage-setting trade unions in the labour markets. A coordination problem between firms creates multiple temporary equilibria which are either Walrasian or of the Keynesian unemployment...
Persistent link: https://www.econbiz.de/10009471636
Within a macroeconomic disequilibrium model it turns out that stationary and simple adaptive policies are not capable of stabilizing efficient steady states and lead to periodic or irregular fluctuations for large sets of policy parameters. The application of recent control methods for chaotic...
Persistent link: https://www.econbiz.de/10009471677
This paper reviews Chilean stabilization policy during the 1990s andargues that, while the merits of Chilean policy should be praised, there are fourpuzzles in conventional interpretations of the Chilean experience worth studying.First, the policy of targeting indexed interest rates does not...
Persistent link: https://www.econbiz.de/10009450769
Die Verstaatlichungspolitik der sozialistischen Regierung spaltet die bolivianische Gesellschaft. Generell ist der Andenstaat ein Land voller Gegensätze: Das Nebeneinander unterschiedlicher Ethnien, starke ökonomische und regionale Disparitäten und die trotz Ressourcenreichtum verbreitete...
Persistent link: https://www.econbiz.de/10009467061
We consider a firm that designs a new product and wishes to bring it to market, but does not have ownership or control over all of the resources required to make that happen. The firm must select and contract with one of several possible tier 1 suppliers for necessary inputs, who do the same...
Persistent link: https://www.econbiz.de/10009476922
My dissertation contains three studies centering on the question: how to motivate people to share high quality information on online information aggregation systems, also known as social computing systems? I take a social scientific approach to identify the strategic behavior of individuals in...
Persistent link: https://www.econbiz.de/10009476980
The economic performances of North and South Korea over the past decade have differed significantly. This is largely due to the government policies of the two countries, which affect business in conflicting ways. Despite the differences in economic growth, there are a number of similarities...
Persistent link: https://www.econbiz.de/10009484035
Recent meta-analytic treatments of the Strategic Human Resource Management literature suggest a relationship between …
Persistent link: https://www.econbiz.de/10009433884
Research into the interrelationship between firm strategy and firm performance is fairly common. Not as common is the examination of firm behaviors as an intermediate construct between strategy and performance. Additionally, the construct of adaptability, found in previous research to be highly...
Persistent link: https://www.econbiz.de/10009433891
This dissertation sought to develop a grounded theory explaining how ENGOs assess the environmental performance of firms, select target industries and firms, and influence those targeted industries and firms. A preliminary model based on research in the fields of social movements,...
Persistent link: https://www.econbiz.de/10009433893