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performances, by exploring under what conditions social expenditure is productivity-enhancing or not. Well-designed welfare states …
Persistent link: https://www.econbiz.de/10011109802
Improvements in the effectiveness and efficiency of supply-side waste management are necessary in many countries. In Japan, municipalities with limited budgets have delayed the introduction of new waste-management technologies. Thus, the central government has used subsidies to encourage...
Persistent link: https://www.econbiz.de/10011109822
The role of Africa in world demographic change is primary and consequences on future investment dynamics could provide some insight on how unemployment, economic migration and other issues resulting there-from could be addressed. Using Johansen and Granger-causality models on data from 1977 to...
Persistent link: https://www.econbiz.de/10011109844
productivity. Our aim is to test the hypothesis that subjective well-being contributes to productivity using a two step approach …: first, we establish whether subjective well-being can be a candidate variable to study Total Factor Productivity; second, we … assess how much subjective well-being contributes to productivity at aggregate level through efficiency gains. We adopt Data …
Persistent link: https://www.econbiz.de/10011109923
The article analyzes the requirement recently formulated by different parties of the accession process: the candidate countries should raise their wage level close to the average of the EU even before they join the union. The authors show that wage convergence, defined this way, has no...
Persistent link: https://www.econbiz.de/10011110057
There is no way around it: each theory rests on a tiny set of foundational propositions. Standard economics rests on behavioral axioms. After a long intellectual detour it should be clear by now that behavioral axioms are the wrong formal departure point. Being beyond repair, they have to be...
Persistent link: https://www.econbiz.de/10011110081
The purpose of this article is to uncover the relationship of job satisfaction factors on the productivity level of … satisfaction is Hertzberg’s two-factor theory of motivation, Maslow’s hierarchy of needs theory. The Minnesota Satisfaction … showed that there is a relationship between satisfaction factors and productivity. …
Persistent link: https://www.econbiz.de/10011110330
The link between R&D and productivity has been widely analyzed. However, these innovation activities have been … considered as a whole. This paper analyzes the differentiated effect of research and development on productivity and tests the … determining productivity. …
Persistent link: https://www.econbiz.de/10011110335
The demographic database of Eurostat and of Us Census of Bureau are explored and the main facts are extracted and described. This paper is completely self-standing but is also part of a more general analysis dedicated to the functioning and sustainability of pay-as-you-go to finance the welfare...
Persistent link: https://www.econbiz.de/10011110362
productivity default shocks using a continuous time structural model of default. At every instant the government maximizes expected … TFP regimes, to match interest rate spreads on sovereign debt and stock prices, we compute the ratio of the productivity … if there was a default relative to the no default benchmark. This is a measure on how much productivity could countries …
Persistent link: https://www.econbiz.de/10011110370