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Microsoft Word - cpbdoc91.doc
... increased. while increases in human capital, r d, and product market competition can improve macroeconomic performance, it can take a long time before these benefits arrive, as for instance it ... profits encourages firms to develop new and better products, so that the innovating firm can enter the market and the incumbent monopolist is replaced (schumpeterian creative destruction). economic growth is ...
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Microsoft Word - discussion30.doc
... assess the welfare aspects of pharmaceutical companies' marketing activities. promotion can have two effects on demand it may shift the ... and side effects. after expiration of the patent, other producers can enter the market with generic copies of the drug. in general, ... estimation results when the demand series for new products that enter the market during 1994-1999 are deleted from sample size ...
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reinforcing-buyer-power.pdf
... fringe sellers can enter the market. in the natural gas market, p could be the price at which liquefied natural gas (lng) can be bought ... stability problem if a buyer can pre-empt negotiations. a buyer may have incentives to deviate and to enter (secretly) into a long-term ... to help new producers (say, producers from the caspian region) to enter the market. here we avoid the difficulty of solving the ...
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Microsoft Word - discussion34.doc
... of the new regime induced these graduates to enter university. a comparison of trends in enrolment and graduation ... of secondary education. students who follow the fastest way can enter university at the age of 18. as many ... can be seen as lower bound results given the fact that we probably removed too many graduates. in addition, our assumption that the reform induced these graduates to enter ...
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N:\publicaties\...\cpbdoc29.wp [PFP#230982527]
... may attract new entrants to the market. if firms can enter freely, i.e., if there are no entry barriers ... enter at all. other barriers to entry are scale economies and superior efficiency. scaleeconomies,for instance in the case of high fixed costs of operation, can ... upstream firms can make exclusive dealing agreements with downstream firms, so that it is impossible for newcomers to enter the industry ...
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paper-flex-martin-2.pdf
... and sectors (e.g. oecd, 2009; bartelsman et al., 2009). every year, many new firms enter the market and create new jobs, while other unprofitable firms exit the market, destroying jobs ... same pay and or conditions as equivalent workers in the user firm. 9. employment protection can be specified in legislation, collective agreements or individual employment contracts. but its operation, in practice ...
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appendix derivations dsge model pdf
... 11) and (2.12). from these two expressions we can see that aggregate wealth can be defined as ht hwt +fht-1, where aggregate ... look at this we can see that there is interaction between fiscal and monetary policy because the seignorage revenues enter into the budget constraint. ... . one point to note is that past inflation does not enter this expression, which was a key ingredient in matching inflation ...
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paper-flex-fitzenberger_0.pdf
... , given by k(c). the uniform insider wage growth hypothesis hui can be tested by investigating whether interaction terms r(, t) enter specification (6) which are constructed as integrals of interaction terms ... the different groups in both economies. these are quadratic and cubic terms for cohorts that enter the labor market before and after 1979, orthogonalized to the linear cohort term. for both ...
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Microsoft Word - paper_flex_fredriksson.docx
... of the labor market will influence their earnings prospects with certainty. those who enter a program, however, enter the labor market at some future time point. chances are that the ... (computed as the difference between the survivor functions for the two programs). alternatively, one can calculate the relative effect on unemployment duration lmt reduces unemployment duration for evaluation horizons ...
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Microsoft Word - discussion144.doc
... policies suggests that caution is needed. several recent studies show that school accountability policies can increase test scores (hanushek raymond, 2005, jacob, 2005, dee jacob, 2009). however, strategic behavior ... and pupils with an ethnic minority background. pupils not belonging to a disadvantaged group enter the funding scheme with a weight factor equal to unity. dutch pupils of poorly ...
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