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second-best tool. Globalization that increases labor mobility reduces governments’ incentives to provide subsidized education … and increases private individuals’ incentives for investment in their human capital. Globalization can improve welfare …. Globalisierung erhöht die Mobilität der produktiven Individuen. In der Folge bestehen geringere Anreize für die Regierungen …
Persistent link: https://www.econbiz.de/10009367858
This paper considers education investment and public education policy in closed and open economies with an extortionary government. The extortionary government in a closed economy chooses an education policy in order to overcome a hold-up problem of time-consistent taxation similar to benevolent...
Persistent link: https://www.econbiz.de/10005406324
globalisation of trade and investment in goods and services. The poor foreign trade performance of recent years is related to a …
Persistent link: https://www.econbiz.de/10005034051
The paper combines under a literature review, secondary and tertiary data analysis, a unique construct of three perspectives: the new classical macroeconomics theory related to unemployment, a finance approach of the relationship with exchange rates and the legal repercussions of the social...
Persistent link: https://www.econbiz.de/10010691692
This paper demonstrates that the current economic crisis has its roots in the evolution of the global economy during the 1960s. The gradual increase of US debt from the 1960s accompanied by the deficit in the US trade balance due to international competition from EU, Japan, and later from China...
Persistent link: https://www.econbiz.de/10009352458
There are many events that led up to the financial crisis of 2008. This study looks at the political policies in place before the crisis happened. Focusing on the decade and a half prior to the crisis, the incentives in the financial industry led to risk mitigation. This response to mitigate...
Persistent link: https://www.econbiz.de/10009352774
We adopted a restricted version of Source Differentiated Almost Ideal Demand System (RSDAIDS) to analyse the US import demand for fresh apples, apple juice and other processed apples after differentiating each type of apple by import origins. Seasonality and time trend variables were included in...
Persistent link: https://www.econbiz.de/10009352787
To fully maximise profitability, strategies regarding reverse logistics must be analysed and implemented. This study researches several such logistics constructs such as resource commitment, production route efficiency and others. A thorough survey instrument was developed and mailed in effort...
Persistent link: https://www.econbiz.de/10010668823
This article presents the US experience from periodical business failures and collapses of the financial markets. It could be a lesson for the Central and Eastern European countries on their economies during the post-transition era. International management is one of the strongest aspects of...
Persistent link: https://www.econbiz.de/10010670058
The compensation hypothesis predicts a positive causation from international economic openness to the size of the public sector, as governments step in to perform a risk mitigating role to counterbalance the increasing exposure to external risk and the economic dislocations caused by growing...
Persistent link: https://www.econbiz.de/10010670287