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Do capitalists really want a recovery? Can they afford it? On the face of it, the question sounds silly: of course capitalists want a recovery; how else can they prosper? According to the textbooks, both mainstream and heterodox, capital accumulation and economic growth are two sides of the same...
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We characterize the Laffer curves for labor taxation and capital income taxation quantitatively for the US, the EU-14 and individual European countries by comparing the balanced growth paths of a neoclassical growth model featuring ”constant Frisch elasticity” (CFE) preferences. We derive...
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We empirically analyse the response of US manufacturing labour market variables to various shocks, notably to trade … standard set of labour-market related variables (employment, real compensation, productivity and capital stock) and exogenous … negatively affects real compensation, has negligible employment effects and leads to higher labour productivity. These impacts …
Persistent link: https://www.econbiz.de/10011604777
be transformed easily into a «classical» Phillips curve. Taking into account the existing mismatch in the labour markets … ineffectiveness (II), which origins in the «mismatch» prevailing in labour markets. Furthermore, the concept of the «modified output … function of the labour market. Our analysis concludes that only an adequate structural economic policy in the labour market …
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citizens. It analyses the impact of a change in financing health care on the labour market. Therefore microeconomic theory and … der Ermittlung der Höhe der Prämien und der Ausgestaltung der Versicherungspflicht möglich. Diese Arbeit soll mit Hilfe … Arbeitsmarkt aufzeigen. Des weiteren werden mögliche Konzepte für die Behandlung der bisher mitversicherten Kinder, sowie eine …
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