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Previous research on optimal R&D subsidies has focussed on the long run.This paper characterizes the optimal time path of R&D subsidization in a semi-endogenous growth model, by exploiting a recently developed numerical method.Starting from the steady state under current R&D subsidization in the...
Persistent link: https://www.econbiz.de/10009302611
Considerable cross-sectional evidence has highlighted the lower employmentrates and earnings amongst disabled people in Britain. But very little is knownabout the progression of disabled people in employment. This study uses datafrom the Labour Force Survey (LFS) to examine the labour market...
Persistent link: https://www.econbiz.de/10009354025
income trajectories of people at different stages in theirlives in order to build a picture of income dynamics over the whole …
Persistent link: https://www.econbiz.de/10009354047
In games with strategic substitutes (GSS), convergence of the best response dynamic startingfrom the inf (or sup) of the strategy space is equivalent to global stability (convergence ofevery adaptive dynamic to the same pure strategy Nash equilibrium). Consequently, inGSS, global stability can...
Persistent link: https://www.econbiz.de/10009360702
The recent discussion in the field of strategic management broadly favours the idea of a dynamization of organizational comptencies on order tp overcome potential dysfunctions and rigidities of organizational competence building. The major question addressed in this paper is wether, how and to...
Persistent link: https://www.econbiz.de/10005859299
The present paper examines the capital structure adjustment dynamics of listed non-financial corporations in seven East …
Persistent link: https://www.econbiz.de/10005860255
We analyze the stability and dynamics of an overlapping generations model with imperfectlycompetitive labour markets... …
Persistent link: https://www.econbiz.de/10005860766
long time, affecting significantly stock prices. For appropriaterepresentation of the series dynamics and the possibility …
Persistent link: https://www.econbiz.de/10005861020
This paper discusses a set of statistics for examining and comparing labor market dynamicsbased on the estimation of continuous time Markov transition processes. It then uses these toestablish stylized facts about dynamic patterns of movement using panel data fromArgentina, Brazil and Mexico...
Persistent link: https://www.econbiz.de/10005861865
This report summarises the discussions that took place during the AIM Management Research Forum on the 29th April 2003 and the subsequent work of four AIM scholars (Dr Kamal Birdi, University of Sheffield; Dr David Denyer, Cranfield School of Management; Dr Kamal Munir, University of Cambridge...
Persistent link: https://www.econbiz.de/10005866370