Showing 684,501 - 684,510 of 689,953
Der Beitrag beschäftigt sich mit der Behandlung des Staates im neuen Europäischen System Volkswirtschaftlicher Gesamtrechnungen (ESVG 1995). Er stellt die Abgren-zung des Sektors Staat, die Einnahmen und Ausgaben und die Verbuchung des Staates in der Entstehungs-, Verteilungs-, und...
Persistent link: https://www.econbiz.de/10010319342
We discuss the two-way link between culture and economic growth. We present a model of endogenous technical change where growth is driven by the innovative activity of entrepreneurs. Entrepreneurship is risky and requires investments that affect the steepness of the lifetime consumption profile....
Persistent link: https://www.econbiz.de/10010319500
This paper provides a model of social hysteresis whereby long, deep recessions demotivate workers and thereby lead them to change their work ethic. In switching from a pro-work to an anti-work identity, their incentives to seek and retain work fall and consequently their employment chances fall....
Persistent link: https://www.econbiz.de/10010319518
Private school students do not always perform better in standardized tests. We suggest that this may be explained by choice of private schooling by less capable students in countries where government schools are better suited to talented students. To assess the empirical relevance of this...
Persistent link: https://www.econbiz.de/10010319547
Child labor is often condemned as a form of exploitation. I explore how the notion of exploitation, as used in everyday language, can be made precise in economic models of child labor. Exploitation is defined relative to a specific social welfare function. I first show that under the standard...
Persistent link: https://www.econbiz.de/10010319596
high beta, and for firms with a large amount of long-term debt maturing when the aggregate shock arrives. However …
Persistent link: https://www.econbiz.de/10010319636
finding a counterparty takes time. When trading of a financial asset ceases in equilibrium as a response to an adverse shock …
Persistent link: https://www.econbiz.de/10010319657
weak competition. In line with the theory, prices of products, that face very strong competition, are also less likely to …
Persistent link: https://www.econbiz.de/10010319699
have taken place. We test this unexplored implication of the theory empirically. We find in a world sample from 1970 to …
Persistent link: https://www.econbiz.de/10010319723
This paper describes how to use the R package gateveys to establish a transparent and reproducible aggregation work flow for longitudinal data stemming from business tendency surveys (BTS). Business tendency survey researchers are addressed in particular though the suggested work flow could also...
Persistent link: https://www.econbiz.de/10010319728