Showing 1 - 10 of 5,170
relationship between profits and employment. The concept of ‘wasted profits' is first presented and developed. This is followed by … an assessment of the alleged opposition between profits and employment. Finally, the employment effects that the …
Persistent link: https://www.econbiz.de/10013074584
Persistent link: https://www.econbiz.de/10011313586
) steady state per capita growth, income distribution and employment rate are endogenous, and depend on the capitalists … employment rate and the labor share; (iv) an increase in workers' bargaining power raises the labor share, while reducing … employment and per-capita growth; (v) a balanced budget increase in the R&D subsidy also fosters per-capita growth, at the …
Persistent link: https://www.econbiz.de/10010225421
. Lobel asks, what is the future of employment and labor law protections when reality is rapidly transforming the ways we work … and simplify the notoriously malleable classification doctrine; the second is to expand certain employment protections to …
Persistent link: https://www.econbiz.de/10012981823
This study finds that a model with internal habit memory allowsto simultaneously explain a series of business cycle and asset pricing puzzles. Compared to the literature, the equity premium puzzle can be resolved in a model with endogenous labor, without giving rise to excessive risk free rate...
Persistent link: https://www.econbiz.de/10005858035
impacts on employment and on real wages. The results offered to support this argument, however, are controversial. So far the …/or labour markets also increases the equilibrium employment and wage rates. However, with boundedly rational firms and trade …
Persistent link: https://www.econbiz.de/10013152352
The paper provides an overview of the role of the fiscal imbalances and the ensuing public debt in explaining major episodes in Israel`s recent economic developments. The main conclusions from the Israeli budgetary developments may have more general validity: (a) deficits lead to inflation and...
Persistent link: https://www.econbiz.de/10012782064
paper quantifies to what extent structural trends and the reform pace affect employment growth under the new normal. Delays …
Persistent link: https://www.econbiz.de/10013016606
We examine the equilibrium wage and employment outcomes in a labor market model comprised of informationally … employment interactions between workers and employers in terms of a quantal response equilibrium and produces an equilibrium …
Persistent link: https://www.econbiz.de/10012581603