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Work ethics affect labour supply. This idea is modelled assuming that work is habit forming. We introduce working habits in a neoclassical growth model and compare its outcomes with a model without habit formation. In addition, we analyse the impact of different forms of technical progress. The...
Persistent link: https://www.econbiz.de/10014071914
Work ethics affects labor supply. This idea is modeled assuming that work is habit forming. This paper introduces working habits in a neoclassical growth model and compares its outcomes with a model without habit formation. In addition, it analyzes the impact of different forms of technical...
Persistent link: https://www.econbiz.de/10014087552
neoclassical theory, in 1956 Robert Solow constructed a simple, clean, and smooth-functioning "design" model that served many …
Persistent link: https://www.econbiz.de/10011617803
, measured by their count of utility models. The paper estimates two models: one for national grants and the other for regional … influences positively on the relationship of R&D grants and utility models. We also found that other capabilities, such as the … direct effect on utility models, regardless of the firm's funding scenario. Our results highlight the relevance of possessing …
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