Showing 1 - 10 of 27
This paper investigates a dynamic general equilibrium model with search. In particular, search externalities are reßected by an increasing returns to scale matching function, which may imply an indeterminate equilibrium. Hence, the model is capable to generate business ßuctuations, driven by...
Persistent link: https://www.econbiz.de/10009635902
This paper develops a model with multiple steady states (low tax and unemployment rate versus high tax and unemployment rate) in which equilibrium selection is not conditioned on a sunspot variable. Instead, large enough shocks initiate unavoidable transitions from one regime to the other. The...
Persistent link: https://www.econbiz.de/10009635968
In order to explain the joint fluctuations of output, inflation and the labor market, this paper first develops a general equilibrium model that integrates a theory of equilibrium unemployment into a monetary model with nominal price rigidities. Then, it estimates a set of structural parameters...
Persistent link: https://www.econbiz.de/10009636527
Persistent link: https://www.econbiz.de/10009637555
The aim of this study is to provide an updated version of the study entitled Recruitment and Equal Opportunities … Systems published by the European Parliament in November 2000 (Gonzalez Garcia, I., Recruitment and Equal Opportunities … offers an overview, based on the most recent data and information, of the recruitment and equal opportunities systems in the …
Persistent link: https://www.econbiz.de/10009638895
supporters and find new recruits. It finds that Islamist militant recruitment efforts have largely been driven underground, with … little overt propagation and recruitment now occurring at mosques. Prisons and other ‘places of vulnerability’ continue to be … ‘activists’ are now the ‘engines’ of Islamist militant recruitment. They often draw on recruits from so-called ‘gateway …
Persistent link: https://www.econbiz.de/10011799461
Persistent link: https://www.econbiz.de/10012116923
This paper investigates the relationship between bilateral FDI positions and cross-country business cycle correlations in the period 1982–2001. We find that countries that have comparatively intensive FDI relations also have more synchronized business cycles during 1995–2001. Before 1995, we...
Persistent link: https://www.econbiz.de/10009639461
Does schooling generate social returns in excess of the private returns captured by the individual who makes the human capital investment? As a strategy to detect human capital externalities I use Dutch survey data to estimate the impact of the average human capital stock in a region on...
Persistent link: https://www.econbiz.de/10009640175
Analyzing data from the Structure of Earnings Surveys we find that wage dispersion in Austria increased marginally between 1996 and 2002. There was an increase in the returns to education which accrued only to male workers. The positive effects of tenure and especially of experience on wages...
Persistent link: https://www.econbiz.de/10009640271