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In this paper, substitutional relationships between capital, labour, material, electricity, and fossil fuels in German … the Morishima elasticity of substitution, labour and capital are substitutes in all sectors. Labour is generally a …
Persistent link: https://www.econbiz.de/10011444715
This paper examines the effects that purchased services and imported intermediate materials have on the labour demand … output and capital growth are more important in explaining the demand for heterogeneous labour than substitution effects … between labour and non-labour inputs. Similarly, the increasing use of both imported materials and purchased services is …
Persistent link: https://www.econbiz.de/10011445002
Using German panel data, we assess the causal effect of job loss, and thus of an extensive income shock, on risk attitude. In line with predictions of expected utility reasoning about absolute risk aversion, losing oneś job reduces the willingness to take risks. This effect strengthens in...
Persistent link: https://www.econbiz.de/10011405097
Persistent link: https://www.econbiz.de/10001916093
Persistent link: https://www.econbiz.de/10001516138
In this paper, substitutional relationships between capital, labour, material, electricity, and fossil fuels in German … the Morishima elasticity of substitution, labour and capital are substitutes in all sectors. Labour is generally a …
Persistent link: https://www.econbiz.de/10014074816
In this paper, substitutional relationships between capital, labour, material, electricity, and fossil fuels in German … the Morishima elasticity of substitution, labour and capital are substitutes in all sectors. Labour is generally a …
Persistent link: https://www.econbiz.de/10013428329
We evaluate the effects of the transition from cohabitation to marriage on household domestic and market work hours using a sample of working couples. For this purpose we use the 21 first waves of the German Socio-Economic Panel (GSEOP). We adapt the estimator introduced by Semykina and...
Persistent link: https://www.econbiz.de/10011628747
The purpose of this paper is threefold. First, we survey the way in which the tax burden on labour has been proxied for … extent the conclusions of some studies change if some alternative indicator for the tax burden on labour is employed. We … indicator for the tax burden on labour is also shown to affect the conclusions of some well-known empirical models. …
Persistent link: https://www.econbiz.de/10011507980