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expected wage income in a sector. Goods demand depends on real household (workers) income and on relative prices given by unit … costs. A simulation experiment shows that an ex ante aggregate neutral demand shift from the secondary to the primary sector … might have a positive impact on aggregate unemployment, while a demand shift from the primary to the secondary sector could …
Persistent link: https://www.econbiz.de/10011435056
Persistent link: https://www.econbiz.de/10014305030
The United States of America is the top trading partner of the Philippines and also the top destination of highly skilled and professional Filipino workers. This paper explores the possibility of a free trade agreement (FTA) that covers the asymmetries of the two countries in labor, services and...
Persistent link: https://www.econbiz.de/10011429833
(profits, output and labour demand elasticities, bargaining power) and generates wages that reflect empirical wage …
Persistent link: https://www.econbiz.de/10010298083
This paper analyzes how mobility of post-graduate skilled workers and students across different countries affects the quality level of higher education and the way education is financed. We start by examining a closed economy. In the presence of imperfect credit markets the education level with...
Persistent link: https://www.econbiz.de/10010264408
demand equations suggest that cuts in working time may have slightly increased employment as firms substituted workers for …
Persistent link: https://www.econbiz.de/10010321430
demand equations suggest that cuts in working time may have slightly increased employment as firms substituted workers for …
Persistent link: https://www.econbiz.de/10010282277
adjustment to region-specific labour demand shocks and only a little more in the US than in Europe, where adjustment takes twice … as long. In Europe labour mobility is a less important adjustment mechanism in response to country-specific labour demand …
Persistent link: https://www.econbiz.de/10011605812
This paper analyzes the creation, destruction and reallocation of jobs in order to understand the micro-dynamics of aggregate employment change in African manufacturing. The nature and magnitude of gross job flows are examined using a unique panel data of Ethiopian manufacturing establishments...
Persistent link: https://www.econbiz.de/10010271798
This paper introduces aging of workers into the neoclassical theory of labor demand. Among other things, it is shown …
Persistent link: https://www.econbiz.de/10010322058