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In this paper, the Markov decision process with multi-objective Q-learning algorithm is proposed for setting minimum wage. The policy objectives are maximizing economic growth and income equality, and minimizing unemployment. The indicators based on ILO 131 are selected to support these...
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This paper analyzes whether taxation can be successfully used to reduce the incidence of labor informality and achieve higher equality in a globalized economy. To this purpose, it develops a two-area model: a developed country and an emerging country. The two areas differ according to the size...
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We use several data sets to consider the effect of teaching practices on student beliefs, as well as on organization of firms and institutions. In cross-country data, we show that teaching practices (such as copying from the board versus working on projects together) are strongly related to...
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