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Structural Change, Productivity and Employment in the New EU Member States
Havlik, Peter - 2005
growth of labour productivity went hand in hand with declining employment, and even with considerable job losses in the … resulted overwhelmingly from across-the-board productivity improvements in individual sectors of the economy while employment … 15 economies, implying a huge catching-up potential. The estimated elasticity of employment to production growth is low …
Persistent link: https://www.econbiz.de/10012100049
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Structural change ramifications of consumer credit expansion in a two sector growth model
Uægurlu, Esra Nur - 2021
This paper analyzes the structural change implications of consumer credit expansions in a dual-sector open economy growth model. Policy-induced increases in banks' willingness and ability to lend result in new consumer lending, boosting consumption demand and average wages in the nontradable...
Persistent link: https://www.econbiz.de/10012606449
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Resource Wealth, Innovation and Growth in the Global Economy
Peretto, Pietro F.; Valente, Simone - 2010
(lower) resource income, lower (higher) employment in the resource-intensive sector, higher (lower) knowledge creation and …
Persistent link: https://www.econbiz.de/10011753188
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Catching up, structural transformation, and inequality: Lessons from Asia
Martorano, Bruno; Park, Donghyun; Sanfilippo, Marco - 2016
While structural transformation, driven by technological progress, productivity growth, and capital deepening, has contributed to Asia's sustained rapid growth, its effect on income inequality is uncertain. The central objective of our paper is to empirically examine the effect of structural...
Persistent link: https://www.econbiz.de/10011725561
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Red tape and delayed entry
Ciccone, Antonio; Papaioannou, Elias - 2007
combining the time needed to comply with government entry procedures in 45 countries with industry-level data on employment …
Persistent link: https://www.econbiz.de/10011604804
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Does the instability of economic development affect the elasticity of the labour market?
Daňová, Monika; Vozárová, Ivana Kravčáková - In: Review of Economic Perspectives 21 (2021) 3, pp. 291-308
Despite extensive research, the estimates of changes in employment are heter-ogeneous in different conditions of … employment elasticity compared to its values in economies with a stable development trend. Based on this, we formulate the …
Persistent link: https://www.econbiz.de/10012819408
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Manufacturing productivity, deindustrialization, and reindustrialization
Tregenna, Fiona - 2011
, by decomposing changes in the level and share of manufacturing employment. The results indicate that in most countries … the decline in manufacturing employment is associated mainly with rising labour productivity in manufacturing …
Persistent link: https://www.econbiz.de/10010330122
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Product market deregulation and the US employment miracle
Ebell, Monique; Haefke, Christian - 2008
We consider the dynamic relationship between product market entry regulation and equilibrium unemployment. The main theoretical contribution is combining a job matching model with monopolistic competition in the goods market and individual bargaining. We calibrate the model to US data and...
Persistent link: https://www.econbiz.de/10010294024
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Product market deregulation and the US employment miracle
Ebell, Monique; Haefke, Christian - 2006
We consider the dynamic relationship between product market entry regulation and equilibrium unemployment. The main theoretical contribution is combining a job matching model with monopolistic competition in the goods market and individual wage bargaining. Product market competition affects...
Persistent link: https://www.econbiz.de/10010267312
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Efficiency in a search and matching economy with a competitive informal sector
Charlot, Olivier; Malherbet, Franck; Ulus, Mustafa - 2012
We consider a dual labor market with a frictional formal sector and a competitive informal sector. We show that the size of the informal sector is generally too large compared to the optimal allocation of the workers. It follows that our results give a rationale to informality-reducing policies.
Persistent link: https://www.econbiz.de/10010290000