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The Role of Migrants in the Production of Tradeables and Non-tradables. The Case of Austria
Biffl, Gudrun - 2003
capital investment, for example, highly skilled labour which moves with multinational companies ... …
Persistent link: https://www.econbiz.de/10011435124
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Sectorial shifts and inequality: How to relate macroeconomic events to inequality changes
Villalobos Barría, Carlos - 2012
This paper presents a way to explore how macroeconomic shifts cause inequality changes. It is based on the backwardness observed in the agricultural sector in rural areas. It shows why highly dualistic economies tend to be more unequal than economies with flexible and integrated labour markets....
Persistent link: https://www.econbiz.de/10010332688
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The dynamics of inequality change in a highly dualistic economy: Honduras, 1991 - 2007
Klasen, Stephan; Otter, Thomas; Villalobos Barría, Carlos - 2012
We examine the drivers of inequality change in Honduras between 1991-2007, trying to understand why inequality increased in Honduras until 2005, while it was falling in most other Latin American countries. Using annual household surveys, we document first rising inequality between 1991-2005,...
Persistent link: https://www.econbiz.de/10010319838
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Economic Integration, Imperfect Competition, and International Policy Coordination
Holmlund, Bertil; Kolm, Ann-Sofie - 1999
The paper examines policy externalities between imperfectly competitive open economies where unemployment prevails in general equilibrium. We develop a two-country and two-sector model with monopolistic competition in the goods market and wage bargaining in the labor market. Policy externalities...
Persistent link: https://www.econbiz.de/10010321760
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Capital Accumulation and Growth : A New Look at the Empirical Evidence
Schiantarelli, Fabio; Leblebicioglu, Asli; Bond, Steve - 2004
We present evidence that an increase in investment as a share of GDP predicts a higher growth rate of output per worker … coefficients. They are robust to model specifications and estimation methods. The evidence that investment has a long-run effect on …
Persistent link: https://www.econbiz.de/10010261921
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Regulation and investment in network industries: Evidence from European telecoms
Grajek, Michał; Röller, Lars-Hendrik - 2009
We provide evidence of an inherent trade-off between access regulation and investment incentives in telecommunications … accommodates: different investment incentives for incumbents and entrants; a strategic interaction of entrants' and incumbents … investment. Thus promoting market entry by means of regulated access undermines incentives to invest in facilities …
Persistent link: https://www.econbiz.de/10010270806
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Regulation and Investment in Network Industries: Evidence from European Telecoms
Grajek, Michał; Röller, Lars-Hendrik - 2009
We provide evidence of an inherent trade-off between access regulation and investment incentives in telecommunications … accommodates: different investment incentives for incumbents and entrants; a strategic interaction of entrants' and incumbents … investment. Thus promoting market entry by means of regulated access undermines incentives to invest in facilities …
Persistent link: https://www.econbiz.de/10010352072
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Investment, protection, ownership, and the cost of capital
Himmelberg, Charles P.; Hubbard, R. Glenn; Love, Inessa - 2002
We investigate the cost of capital in a model with an agency conflict between inside managers and outside shareholders. Inside ownership reflects the classic tradeoff between incentives and risk diversification, and the severity of agency costs depends on a parameter representing investor...
Persistent link: https://www.econbiz.de/10011506547
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Net worth ratio and financial instability
Watanabe, Toshio - In: Journal of Economic Structures 2 (2013), pp. 1-18
formulate a model of financing. New Keynesian theory emphasizes that a firm's net worth influences investment decisions and … banks lending reaction to the net worth ratio is more elastic than investment reaction. When the steady state is the saddle …
Persistent link: https://www.econbiz.de/10011551998
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Effizienzkonsum: Produktivitätssteigerung als Beschreibungsrahmen bestimmter Konsum-Entscheidungen
Siemoneit, Andreas - 2017
terms, 'efficiency consumption' is introduced theoretically as a means for securing an income (consumer investment). It is …
Persistent link: https://www.econbiz.de/10011600412