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Grossman, Herschel I.; Kim, Minseong - 2002

This paper analyzes a general-equilibrium model in which each person can choose to be either a producer or a predator. This model shows how predation breaks the link between the interpersonal distribution of productive resources and the interpersonal distribution of consumption. Specifically, we...

Persistent link: https://www.econbiz.de/10011504051

Bargaining versus efficiency wages in a dynamic labor market : a synthesis

Strand, Jon - 1998

We construct a model integrating the efficiency wage model of Shapiro-Stiglitz (1984) with the matching …

Persistent link: https://www.econbiz.de/10011518445

Productivity, efficiency and economic growth : East Asia and the rest of the world

Han, Gaofeng; Kalirajan, Kaliappa; Singh, Nirvikar - 2003

to decompose total factor productivity (TFP) growth into technical efficiency changes (catching up) and technological … separately estimate technical efficiency change, which is a component of TFP growth, and we find that, in general, the estimated … technical efficiency of the high-performing East Asian economies was not out of line with the rest of the world. …

Persistent link: https://www.econbiz.de/10011521452

Efficient and sustainable management of product durability and recyclability

Eichner, Thomas; Runkel, Marco - 2000

'durability' and 'recyclability'. Both efficiency and sustainability aspects are taken into account. It turns out (a) that … in case where markets for product design are absent the efficiency restoring tax-subsidy schemes may significantly differ …

Persistent link: https://www.econbiz.de/10011525481

Soziale Sicherheit und Wachstum

Taschowsky, Peter - 2000

One decade ago the formerly socialist, east-European economies collapsed. They are facing the diffcult and complex task to transform and to modernize their economic structures. In the beginning, many economists believed that the process of transition could be done fast and easily....

Persistent link: https://www.econbiz.de/10011526045

Horizontal mergers with capital adjustments : workers' cooperatives and the merger paradox

Delbono, Flavio; Lambertini, Luca - 2014

We study the incentives towards horizontal merger among firms when the amount of capital is the strategic variable. The type of firms we focus on is workers' cooperatives, but our conclusions apply also to employment-constrained profit maximisers. Within a simple oligopoly model, we prove that...

Persistent link: https://www.econbiz.de/10011729071