Showing 1 - 10 of 13,052
Measured rates of growth in real per capita income differ drastically depending on the data source. This phenomenon occurs largely because data sets differ in whether and how they adjust for changes in relative prices across countries. Replication of several recent studies of growth determinants...
Persistent link: https://www.econbiz.de/10010274158
In this paper, we study the effect of skill-biased technological change on unemployment when benefits are linked to the evolution of average income and when this is not the case. In the former case, an increase in the productivity of skilled workers and hence their wage leads to an increase in...
Persistent link: https://www.econbiz.de/10010297491
aggregate. The theory is simple and parsimonious and contains an analytical solution. The model can replicate shape and …
Persistent link: https://www.econbiz.de/10010316847
Using frequency domain techniques to separate short and long run dynamics and decomposing inflation into its common and idiosyncratic components, we study the regime dependence of the inflation-RPV relation in Argentina and the USA. Under High inflation, strong long-run comovement between RPV...
Persistent link: https://www.econbiz.de/10010325092
In "Capital-Skill Complementarity and Inequality: A Macroeconomic Analysis," Krusell et al. (2000) analyzed the capital-skill complementarity hypothesis as an explanation for the behavior of the U.S. skill premium. This paper shows that their model’s fit and the values of the estimated...
Persistent link: https://www.econbiz.de/10010397613
consumers both acquire numerous goods that increase their efficiency. This leads to positive feedback loops which can be … interpreted as growth imperatives. For firms, increases of efficiency are accepted since long as a main motive for investments … terms, 'efficiency consumption' is introduced theoretically as a means for securing an income (consumer investment). It is …
Persistent link: https://www.econbiz.de/10011600412
In this paper we analyse public sector efficiency in the new member states of the European Union compared to that in … emerging markets. After a conceptual discussion of expenditure efficiency measurement issues, we compute efficiency scores and … rankings by applying a range of measurement techniques. The study finds that expenditure efficiency across new EU member states …
Persistent link: https://www.econbiz.de/10011604627
global climate change. We employ six criteria to evaluate the policy proposals: environmental outcome, dynamic efficiency … environmental outcome and efficiency, and between cost-effectiveness and incentives for participation and compliance. …
Persistent link: https://www.econbiz.de/10011325094
Analysis (DEA). In particular, it estimates the efficiency of 78 SUCs based on available input data (i.e., expenditure data … results indicate that majority of the SUCs have efficiency score less than 1 and thus, they are considered inefficient. In …
Persistent link: https://www.econbiz.de/10011421205
costs. We used two different concepts of efficiency, namely, cost efficiency and alternative profit efficiency, and found … efficiency of CRBs. We failed to find very conclusive evidence that corporate governance theories apply to the Philippines' CRBs …. However, the results confirmed both managers' compensation theory and large stakeholders theory. The second proposition is …
Persistent link: https://www.econbiz.de/10011429687