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) the effects of trade and growth on the skill premium. The theory is consistent with certain facts about factor allocation …"In this paper we develop a theory of how factors interact at the plant level. The theory has implications for (1) the … micro foundations for capital-skill complementarity, (2) the relationship between factor allocation and plant size, and (3 …
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) the effects of trade and growth on the skill premium. The theory is consistent with certain facts about factor allocation …In this paper we develop a theory of how factors interact at the plant level. The theory has implications for: (1) the … micro foundations for capital skill complementarity (2) the relationship between factor allocation and plant size and (3 …
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labor frictions. Under standard assumptions, theory always implies a motononic negative link between capital-labor ratios …
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Dass die Erklärung von Langzeitarbeitslosigkeit ein überaus aktuelles Thema ist, zeigt der starke Anstieg der Langzeitarbeitslosigkeit in den Industrieländern seit Mitte der 70er Jahre. Die Erhöhung der Langzeitarbeitslosigkeit bei gleichzeitigem Wirtschaftswachstum - sowohl in einer...
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