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Combining Balassa–Samuelson effects with strategic complementarities between prices of tradables and non-tradables … yields a novel determinant of tradables’ prices. A larger productivity difference between tradables and non-tradables raises … the non-tradables’ price. With strategic complementarities, producers of tradables also increase prices. …
Persistent link: https://www.econbiz.de/10011189504
The paper uses a two-sector DSGE model with nominal and real rigidities to analyse the stabilising properties of fiscal policy rules in a small open economy in monetary union. The focus is on the potential of budgetary-neutral rules that adjust the composition of government purchases between...
Persistent link: https://www.econbiz.de/10011241865
This article examines the factors that explain inflation in prices of non-tradable items in the CPI. Non-tradable goods and services by definition have relatively little exposure to international competition. Consequently, their prices are more likely to be influenced by developments in the...
Persistent link: https://www.econbiz.de/10010949109
Public investments are key policy instruments used by governments in pursuing their overall development goals and strategies. Given the limited resources available to an economy, the chosen projects should fit into the overall development strategy, which usually concerns many stakeholder groups....
Persistent link: https://www.econbiz.de/10010958972
The World Bank's International Comparison Program (ICP) data on national price levels for tradables and non-tradables … (and goods compared to services) reveals that New Zealand has relatively high prices of both tradables and non-tradables … observed international variations in non-tradables and tradables prices in general, and New Zealand's especially high prices in …
Persistent link: https://www.econbiz.de/10010904177
ILO pub-WEP pub. Working paper on the effects of petroleum exports and agrarian reform on rural area labour markets in the 1970s in Ecuador - discusses agrarian structure, land tenure, absorption of family labour in family farms and agricultural employment across farm size categories, rural...
Persistent link: https://www.econbiz.de/10010966605
ILO pub-WEP pub. Working paper on labour contract issues in rural area labour markets, comprising a case study of Kenya - discusses the theoretical background relating to resource allocation among the rural population, changes in rural factor markets including land ownership and agricultural...
Persistent link: https://www.econbiz.de/10010966759
Soziologische Theorien postulieren seit langem Zusammenhänge zwischen sozialer Ungleichheit und dem Empfinden von Emotionen. Der Vielfalt theoretischer Arbeiten steht jedoch ein Mangel an empirischen Studien gegenüber, insbesondere mit Blick auf die präzise Erfassung von Emotionen. Aus diesem...
Persistent link: https://www.econbiz.de/10010981055
Zwischen 2007 und 2012 haben wir die Lebensentwürfe und Lebensverläufe von jungen Frauen und Männern verfolgt. Heute sind die Befragten 21 bis 34 Jahre alt. Welche Einstellungen haben sie zu Familie, Arbeit und Leben? Wie haben sich ihre Hoffnungen, Träume und Pläne über die Zeit...
Persistent link: https://www.econbiz.de/10010984690
Persistent link: https://www.econbiz.de/10005037314