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stability and external stability namely, real GDP growth rate, budget deficit, inflation rate (internal stability) and real … the study confirmed that economic growth rate, real exchange rate, foreign trade to GDP and overall balance of the BOP has …
Persistent link: https://www.econbiz.de/10013135894
annual growth rate of the real wage in the manufacturing sector increases by a factor of three. No such increase occurs in a … control group of countries. The temporary increase in the growth rate of the real wage drives up the level of average annual …-liberalization salary. The increase in the growth rate of labor productivity in the aftermath of liberalization exceeds the increase in the …
Persistent link: https://www.econbiz.de/10013114145
annual growth rate of the real wage in the manufacturing sector increases by a factor of three. No such increase occurs in a … control group of countries that do not liberalize. The temporary increase in wage growth drives up the level of the average …
Persistent link: https://www.econbiz.de/10013106167
We integrate a canonical SIR epidemiological model into a general equilibrium framework with high-skill and low-skill workers, each choosing to work either from their work locations (onsite) or from their homes (remote). Onsite and remote labour are imperfect substitutes, but more substitutable...
Persistent link: https://www.econbiz.de/10012833589
We show that a dynamic general equilibrium model with efficiency wages and endogenous capital accumulation in both the formal and (non-agricultural) informal sectors can explain the full range of confounding stylized facts associated with minimum wage laws in less developed countries
Persistent link: https://www.econbiz.de/10012840605
partners) are better than internal ones (e.g., internal research and development), because external mechanisms provide ready …
Persistent link: https://www.econbiz.de/10012960427
theoretical functioning, is understood to be a contributing factor in affecting quality development and dispensing of monetary … policy, resulting in its inability to address desired economic growth per it legal mandate. Which the paper establishes the … major factorial phenomenon to be considered, as a means to enhance monetary instrument development and application in such …
Persistent link: https://www.econbiz.de/10012910821
understand sources of cross-country variations in agricultural TFP levels and its growth rates. Two factors affecting … rainfall shortages impede TFP growth, particularly in low-income countries (LICs). We also provide a new evidence that, within …
Persistent link: https://www.econbiz.de/10012889166
growth, it became an imperative assignment to investigate the effect of corporate taxes and it impacts on privates …
Persistent link: https://www.econbiz.de/10012891904
Indonesia, containing repeat measurements of risk aversion and patience, with province-level real GDP growth statistics. We … time preferences differently. Measured risk aversion changes in response to experienced growth volatility, with individuals … find weak evidence that measured patience changes in response to average experienced growth, with individuals living …
Persistent link: https://www.econbiz.de/10012942106