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comparison. Poverty is also small in such a comparison. The economy has recovered from the shock in 2008 and the main economic … parameters have never been as favorable as at the moment. The nation's standard of living depends on productivity, employment …
Persistent link: https://www.econbiz.de/10014306513
in China's Business System', 'Recent Changes to Korea's Innovation Governance', 'Standardization and Institutional … Complementarities and Economic Performance in China. A "Varieties of Capitalism" Approach', 'The Current State of Research on Networks …
Persistent link: https://www.econbiz.de/10010302335
Unterschiedliche Startbedingungen und Entscheidungsmechanismen regionaler Integration in Europa und Ostasien werden … und mit der Gefahr einer Überexpansion. Ostasien besitzt noch liquidere Mechanismen. Damit konnte es sein ökonomisches … Ebene reagiert Ostasien auf verschiedene Weise, erhöht aber die Intransparenz. Beide Regionen haben bisher ihre potenziellen …
Persistent link: https://www.econbiz.de/10010296981
The debt crisis in several member states of the euro area has raised doubts on the viability of European Economic and Monetary Union (EMU) and the future of the euro. While the launch of the euro in 1999 stirred a lot of interest in regional monetary integration and even monetary unification in...
Persistent link: https://www.econbiz.de/10010397310
productivity. …
Persistent link: https://www.econbiz.de/10011324967
innovators from high-productivity firms. These findings suggest that innovation subsidies contribute to economic renewal and the …
Persistent link: https://www.econbiz.de/10012037680
We develop an equilibrium model of wages and estimate it using administrative data from Norway. Coworkers interact through a task-assignment model, and wages are determined through multilateral bargaining over the surplus that accrues to the workforce. Seniority affects wages through workplace...
Persistent link: https://www.econbiz.de/10010269360
Why do employed persons in large firms earn more than employed persons in small firms, even after controlling for observable characteristics? Complementary to previous results, this paper proposes a mechanism that gives an answer to this question. In the model, individuals accumulate human...
Persistent link: https://www.econbiz.de/10010279870
with respect to productivity, we demonstrate that productivity growth affects the labour share in the long run due to … frictional growth (that is, the interplay of wage dynamics and productivity growth). In the light of this result, we consider a … (or, equivalently, the wage-productivity gap) deserves the attention of policy makers. …
Persistent link: https://www.econbiz.de/10010280741
We develop an equilibrium model of wages and estimate it using administrative data from Norway. Coworkers interact through a task-assignment model, and wages are determined through multi-lateral bargaining over the surplus that accrues to the workforce. Seniority affects wages through workplace...
Persistent link: https://www.econbiz.de/10010290421