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Correlations of inflation with the growth rate of money increase when data are averaged over longer time periods. Correlations of inflation with the growth of money also are higher when high-inflation as well as low-inflation countries are included in the analysis. We show that serial...
Persistent link: https://www.econbiz.de/10010292328
This paper presents the results of a grounded theory study on the automobile industry aimed at developing a concept of aging workforce management by identifying and constructing its constituting elements. Through an in-depth research investigation, it answers the question of how the challenge of...
Persistent link: https://www.econbiz.de/10010292517
This study updates and expands the reviews of empirical studies on training transfer published by Salas and Cannon-Bowers (2001), Cheng and Ho (2001) and Cheng and Hampson (2008). The authors identified 58 empirical studies since 1998 and integrate all transfer variables that have been subject...
Persistent link: https://www.econbiz.de/10010292607
This paper evaluates the impact of economic and legal variables on wage differentials between men and women. Since Becker (1957) economists have argued that competitive markets eliminate discrimination in the long run. On the other hand, practically all countries have enacted some sort of law...
Persistent link: https://www.econbiz.de/10010292738
gap. Over time, raw wage differentials world-wide have fallen substantially; however, most of this decrease is due to an …
Persistent link: https://www.econbiz.de/10010292752
1960-98. The main finding of the paper is that most of the change in shape of the world distribution of income between 1960 … account for almost all the observed changes in the world distribution. In contrast, we do not find any significant effects …
Persistent link: https://www.econbiz.de/10010292972
The seaborne steam coal market changed in recent years. Trade volumes grew dynamically, important players emerged and since 2007 prices increased significantly and remained relatively high since then. In this paper we analyse market equilibria in the years 2006 and 2008 by testing for two...
Persistent link: https://www.econbiz.de/10010293359
During 2007 and 2008 steam coal prices soared to unprecedented levels. Since then much has been speculated about the drivers of these price peaks. This paper is concerned with the costs of steam coal allocation in the seaborne market and their influence on the price equilibrium. It presents an...
Persistent link: https://www.econbiz.de/10010293360
If oil exporters stabilize the purchasing power of their export revenues in terms of imports, exchange rate developments (and particularly, developments in the US dollar/euro exchange rate) may contain information about oil price changes. This hypothesis depends on three conditions: (a) OPEC has...
Persistent link: https://www.econbiz.de/10010293389
This paper develops a simple model that analyses the relationship between a country's oil endowment and the duration of its autocratic leader. The dictator uses the rents from oil extraction for both personal gain and to pay-off potential opposition and chooses an optimal level of oil...
Persistent link: https://www.econbiz.de/10010293400