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Time and energy are major inputs into the production of household goods and services. As a result, the market penetration of time-saving technologies for general household use is expected to affect both a household's (i) allocation of time across home production and leisure activities; and (ii)...
Persistent link: https://www.econbiz.de/10005067055
Time and energy are major inputs into the production of household goods and services. The introduction of time-saving innovations allows households to change their activity patterns and to reallocate their time across competing activities. As a result, the market penetration of time-saving...
Persistent link: https://www.econbiz.de/10005069899
GARCH-jump models of metal price returns, while allowing for sudden movements (jumps), apply the same specification of the jump component in both 'bear'and 'bull' markets. As a result, the more frequent but relatively small jumps that occur in both bear and bull markets dominate the...
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Using a new data source on early Canadian strikes, this paper seeks to explain the determinants of strike durations, 1901-14. Three different approaches are evaluated: a screening model, a strike-waves model, and a war-of-attrition model. The results are sensitive to strike issue. For non-wage...
Persistent link: https://www.econbiz.de/10005100875
Current forecasts paint a dismal future for unions; observers in the 1920s and 1930s also projected bleak prospects for organized labor. Analysts in the interwar years were off the mark. This paper seeks to investigate whether the revival of the labor movement before WWII was the result of...
Persistent link: https://www.econbiz.de/10005100914