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(VECM). The empirical results suggest that a bivariate relationship between inflation and productivity is spurious, as the … unit root pre‐tests that account for oil shock episodes show that inflation and productivity are integrated of a different … estimation showed that productivity growth and inflation are an econometrically endogenous variable and this suggests that bi …
Persistent link: https://www.econbiz.de/10014863909
Abstract Productivity growth in many advanced economies has decelerated in the last decades. There is increasing … evidence that the misallocation of production function has contributed to the weakness in productivity. Factors behind this … misallocation of production factors on productivity and assess their role for the weakness in productivity growth in Germany …
Persistent link: https://www.econbiz.de/10014630912
economic activity in the USA around 2015, the date when “free time” will occupy over half of total individual lifetime activity …
Persistent link: https://www.econbiz.de/10014742707
The relative impacts of the monetised and non‐monetised deficit on output and inflation in the United States are … affected real GNP growth, nominal GNP growth or inflation. For the period 1961‐1982, monetisation is found to have fuelled … inflation with no effect on real GNP. Non‐monetised deficits provided a negative short‐run impact on the rate of inflation over …
Persistent link: https://www.econbiz.de/10014863848
Investigates whether consumers are subject to the money illusion during a period of accelerated inflation. Looks at how … carried out in the USA and Germany into differences between national reactions to economic changes. Reveals that consumers are …
Persistent link: https://www.econbiz.de/10014725091
manufacturer in the USA. Reveals that, in an inflationary period, pricing has to anticipate the expected rate of inflation if the …
Persistent link: https://www.econbiz.de/10014725102
short‐run Fisher relationships. Applies them to the UK, USA, Canada and Japan, using 1978‐1997 monthly data and Eurocurrency … interest rates to explore the relationship between nominal interest rates and inflation rates. Finds a significant positive … significance only at the 10 per cent level for the USA.  …
Persistent link: https://www.econbiz.de/10014940346
Evaluation and development of personnel in the materials management area is a major concern for today′s growth‐oriented organisations. A model is provided for evaluating both the routine and non‐routine areas of employee responsibilities and an effective behaviourally oriented approach to...
Persistent link: https://www.econbiz.de/10014795248
concern for public sector productivity. Gives examples of performance measures attempted on the state and local levels. Also …
Persistent link: https://www.econbiz.de/10014799272
. Productivity improvement approaches were also investigated and related to performance. Multiple quality and productivity … interventions were correlated with eight actual quality, three productivity, and three financial performance measures. Results … indicate that a specific profile of quality and productivity improvement approaches was significantly related to performance …
Persistent link: https://www.econbiz.de/10014800968