This paper presents an investigation of the dynamic effects of fiscal policy in an inter-temporal optimisation model with an oligopsonistic labour market. In an oligopsonistic labour market, fiscal policy expands employment through a shift of labour demand and supply curves. Fiscal policy has a...

The aim of this Erratum to the Annual report and Accounts, is to inform Unilever shareholders and other interested parties of the full story behind the good revenues and efficient restructuring processes. It is not just about numbers, it is about people, real employees of Unilever or other...

This paper reviews current issues in youth labour markets in developed countries. It argues that young people aged 16-25 have been particularly hard hit during the current recession. Using the USA and UK as cast studies, it analyses both causes and effects of youth unemployment using micro-data....

A key input to inventive activity is human capital. Hence it is important to understand the monetary incentives of inventors. We estimate the effect of patented inventions on individual earnings by linking data on U.S. patents and their inventors to Finnish employer-employee data. Returns are...

We analyze the new selection of teachers in basic and media education in Antioquia as an adverse selection problem. We have known the non-teaching professionals are going relatively well in the written tests, but lose that advantage in the analysis of their curriculum vitae (they usually do not...