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identification of consumption contexts based on their building blocks (actors, goods, relationships), the basic classification of … that services are produced in two contexts: in the first type, consumers interact directly with goods; in the second, the … intermediation of frontline personnel comes into play. Actors and goods present in the consumption contexts are knowledge …
Persistent link: https://www.econbiz.de/10014333070
Using a newly assembled, consistent and disaggregated dataset (12 goods and 7 services) on internal and bilateral trade … for 25 European countries, we analyse the difference between trade in goods and services. The measurement of both trade in … goods and trade in services is improved over earlier research, allowing us to compare trade in goods and services in a …
Persistent link: https://www.econbiz.de/10010377243
economy. It involves liberalization and facilitation of trade in goods, services, and investment, as well as protection and …
Persistent link: https://www.econbiz.de/10010397257
Market exchange is subject to an endogenously-determined level of predation which impedes specialization and gains from trade. Utility-maximizing agents opt between careers in specialized production and careers in predation. Three types of equilibria may emerge, autarky (with no predation and no...
Persistent link: https://www.econbiz.de/10010334715
Distributions of many variables of interest in developed economic and financial markets, including income and wealth, exhibit heavy tails as in the case of Pareto or power laws. Many commonly used income and wealth inequality measures are very sensitive to extremes and outliers generated by...
Persistent link: https://www.econbiz.de/10012311477
Leistungsorientierte Vergütungssyteme können mit nicht-intendierten Effekten einhergehen, die in der Personalwirtschaftslehre unter dem Stichwort der Motivationsverdrängung diskutiert werden. Die Evaluierung der Wirkung leistungsorientierter Vergütungssysteme durch Mitarbeiterbefragungen...
Persistent link: https://www.econbiz.de/10010292399
The paper estimates public sector wage differentials and their changes over time for men and women in the United Kingdom using the New Earnings Survey. It presents estimates that are robust to unobserved workforce characteristics and that also show the impact of policy changes and cyclical...
Persistent link: https://www.econbiz.de/10010292930
We measure accruals in defined benefit (DB) pension plans for public and private sector workers in Britain, using typical differences in scheme rules and sector-specific lifetime age-earnings profiles by sex and educational group. We show not just that coverage by DB pension plans is greater in...
Persistent link: https://www.econbiz.de/10010293032
There has been much discussion in the British general and specialised media over the last year on the adverse consequences of the economic and financial crisis on the British pension system. It should come as no surprise that the crisis has also adversely affected pension systems in most other...
Persistent link: https://www.econbiz.de/10010307655
Disability rolls have escalated in developed nations over the last 40 years. The UK, however, stands out because the numbers on these benefits stopped rising when a welfare reform was introduced that integrated disability benefits with unemployment insurance (UI). This policy reform improved job...
Persistent link: https://www.econbiz.de/10011288213