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We Embed an Efficiency Wage View of the Labor Market a la Shapiro and Stiglitz (1984) Into the Standard Hecksher …
Persistent link: https://www.econbiz.de/10005729723
We study the implications of two solidarity conditions on the efficient location of a public good on a cycle, when agents have single-peaked, symmetric preferences. Both conditions require that when circumstances change, the agents not responsible for the change should all be affected in the...
Persistent link: https://www.econbiz.de/10005729876
Persistent link: https://www.econbiz.de/10005729880
that the efficiency and ability of both banks has increased and both have expanded their investment and activities and had …
Persistent link: https://www.econbiz.de/10005730569
In this paper, we use the econometric frontier approach to estimate efficiency measures of the transformation of human … capital into earned income in the Chilean labor market for the period 1957-1998. We find that the mean efficiency is 75%, and … these efficiency measures. Some evidence is also founded about the effects of health on efficiency, the existence of labor …
Persistent link: https://www.econbiz.de/10005730665
The objective of this paper is to estimate efficiency in manufacturing activities in some selected countries in Europe … efficiency levels of manufacturing industries. The Stochastic Frontier Analysis (SFA) is conducted for a limited sample of … industries in our sample are generally in centre countries. Peripheral countries have also increased their efficiency levels some …
Persistent link: https://www.econbiz.de/10005730899
The objective of this study is to analyze the macroeconomic performance of 16 Ibero- American countries over the period 1980- 199 1. Macroeconomic performance is defined as the ability of a country's macroeconomic managers to provide four welfare-enhancing economic services to their citizens: a...
Persistent link: https://www.econbiz.de/10005731123
This paper examines the reaction of the Spanish continuous market to the announcement of securitisation operations by listed banks in the period 1993-2003. Results indicate the existence of positive and significant abnormal returns on the day immediately following the announcement date. The...
Persistent link: https://www.econbiz.de/10005731154
contribution to the growth of labor productivity of technical progress, of changes in efficiency, and of the accumulation of inputs …
Persistent link: https://www.econbiz.de/10005731175
We compute public sector performance (PSP) and efficiency (PSE) indicators, comprising a composite and seven sub …, distribution, and stabilisation. The input and output efficiency of public sectors across countries is then measured via a non …
Persistent link: https://www.econbiz.de/10005816157