Showing 1 - 10 of 402
This paper examines the impact of labour and product market reforms on economic growth in 25 OECD countries between 1985 and 2013, and tests whether this impact is conditioned by the fiscal policy stance, i.e. whether there are fiscal expansions or adjustments. Our local projection results...
Persistent link: https://www.econbiz.de/10012829322
This paper examines the impact of labour and product market reforms on economic growth in 25 OECD countries between 1985 and 2013, and tests whether this impact is conditioned by the fiscal policy stance, i.e. whether there are fiscal expansions or adjustments. Our local projection results...
Persistent link: https://www.econbiz.de/10012238489
Persistent link: https://www.econbiz.de/10010355096
consistent with a model of limited commitment in which a shock to household resources can alter bargaining power. We discuss the …
Persistent link: https://www.econbiz.de/10011502878
macroeconomic model of commitment and credibility. As the dependent variable, we calculate a post-reform inflation rate. The … exogenous variables are the degree of legal commitment and the constraining influence of institutions. The paper allows for the … conclusion that monetary commitment, the consideration of institutional constraints and abstinence from the money press are …
Persistent link: https://www.econbiz.de/10001906719
Persistent link: https://www.econbiz.de/10013191729
intrahousehold commitment regimes: full commitment, no commitment, and limited commitment. We propose a test that distinguishes among … limited commitment. We then use our results to highlight several issues and caveats that arise when testing for commitment. …
Persistent link: https://www.econbiz.de/10012257592
Persistent link: https://www.econbiz.de/10011600051
We investigate the relation of further training and employees' affective commitment. In doing so, we distinguish … training is associated with the affective commitment of their employees and on the other hand how individual participation in … further training relates to affective commitment. Using the Linked Personnel Panel (LPP), which is a longitudinally linked …
Persistent link: https://www.econbiz.de/10011815960
's relative commitment value would have heterogenous effects by asset-holding, both of which appear to hold in US data. …
Persistent link: https://www.econbiz.de/10011764661