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the respective amount of profit accruing to the two sectors as well as the corresponding employment. The consequences for …
Persistent link: https://www.econbiz.de/10014363137
Helmedag (2012) derives effects on employment caused by changes in (a) uncompensated wage hours, (b) output, (c …
Persistent link: https://www.econbiz.de/10014363182
Technical, vocational education, and training has remained an explosive topic because it can create a divided society in terms of education and the benefits associated with it. Internationally, it has always been a complex and controversial topic compared to the general education strand. It has...
Persistent link: https://www.econbiz.de/10010352729
The role of first principles in economics is examined through the lens of dominant methodological approaches of the classical and neoclassical periods. First principles are most clearly displayed in pure deductive systems. The tension between first principles as the basis for deductivist...
Persistent link: https://www.econbiz.de/10011613817
We analyze how the structure of organizational form of legislative institutions affects interest groups ’incentives to lobby.Lobbying is modelled the strategic provision of information by an interest group to a multi-person legislature.We show that the effectiveness of lobbying lies in...
Persistent link: https://www.econbiz.de/10012142251
) steady state per capita growth, income distribution and employment rate are endogenous, and depend on the capitalists … employment rate and the labor share; (iv) an increase in workers' bargaining power raises the labor share, while reducing … employment and per-capita growth; (v) a balanced budget increase in the R&D subsidy also fosters per-capita growth, at the …
Persistent link: https://www.econbiz.de/10010460555
employment. We identify three sources of technological progress in the sharing sector and find that an expansion of this sector …, in line with recent predictions, will lead to modest GDP growth and declines in both wage share and employment, if …
Persistent link: https://www.econbiz.de/10011892148
-production economy. The demand effect of investment on output, assumed much faster than its supply effect, works through employment …. The link between changes in employment, capacity utilization and investment has weakened, while productivity became more …
Persistent link: https://www.econbiz.de/10013269235
analysed time period is short, a comparison is made with the hypotheses or predictions of the model regarding employment, rate … a negative chock to employment on Bornholm in 1988 permanently reduced the level of employment has not been confirmed …
Persistent link: https://www.econbiz.de/10012142225
The principle of effective demand, and the claim of its validity for a monetary production economy in the short and in the long run, is the core of heterodox macroeconomics, as currently found in all the different strands of post-Keynesian economics (Fundamentalists, Kaleckians, Sraffians,...
Persistent link: https://www.econbiz.de/10011381299