Showing 1 - 8 of 8
In order to better understand relationships between the real economy and financial economy, it is necessary to formulate a model of financing. New Keynesian theory emphasizes that a firm’s net worth influences investment decisions and business cycles under an imperfect capital market. We have...
Persistent link: https://www.econbiz.de/10010186054
This paper develops and tests a mechanism by which job security affects the age-composition of employment. This … with a substantial decline in the wage employment-to-population rate of young workers. In contrast, we do not find such a … decline in young self-employment rates or in the wage employment rates of older workers. Comparing results for men and women …
Persistent link: https://www.econbiz.de/10009959084
This study examines the relationships between the employment and foreign direct investment (FDI) in Malaysia. The … employment opportunity in the country. Hence, we apply an empirical analysis to study the effect of FDI on the employment in …, and ECM-ARDL model. The results show that there is no cointegration relationship between employment and the FDI in the …
Persistent link: https://www.econbiz.de/10010009045
Spain and Ireland might seem at first to feature very different labour markets, which go from very tight to very flexible labour conditions. Our analysis, however, goes beyond this simplistic argument and brings to light some important similarities. For this purpose, we estimate a dynamic...
Persistent link: https://www.econbiz.de/10010118876
disproportionately falls on youths in countries with stricter employment protection. This implies that a higher adjustment cost of an … existing workforce induces the employment adjustment of new entrants into the labor market. -- unemployment ; labor market …
Persistent link: https://www.econbiz.de/10010118881
insurance on steady-state employment, the short-term effects of benefit reforms are not well-established. This paper contributes …
Persistent link: https://www.econbiz.de/10010118882
The possible short-run trade-off between the inflation (gap) and the output (gap) remains a critical policy issue for any emerging economy; particularly when an implicit or an explicit inflation targeting monetary policy is considered. The New Keynesian Phillips Curve (NKPC) has recently set up...
Persistent link: https://www.econbiz.de/10010160677
In this paper we apply the meta-regression technique to survey the empirical literature on the economic incidence of labour taxes and social security contributions. In particular, we focus on the effects of taxation on wages to test the conventional view that employees bear the burden due to...
Persistent link: https://www.econbiz.de/10010160829