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1 - 10 van 84 voor imperfect labour
Microsoft Word - discussion165.doc
... older workers. we discuss several theories, including incentive theories, human capital theory, and imperfect labour market theories. most of these theories have been developed during the 1970s and ... older workers. we discuss several theories, including incentive theories, human capital theory, and imperfect labour market theories. most of these theories have been developed during the 1970s and ...
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Research Memorandum (set-up) [PFP#902192174]
... some groups but must still build on a system of progressive income taxes. in an imperfect labour market wages are not given to employers and employees but are set by one of ... , graafland and huizinga, 1996, and lockwood and manning, 1993, respectively). even though in models of imperfect labour markets a system of progressive income taxes helps to reduce unemployment, increasing tax progression is ...
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N:\publicaties\...\oeei.wp [PFP#230207185]
... is unbiased only if markets are perfect. imperfect labour markets let us start with the first market with a lot of imperfections, the labour market. persistent involuntary unemployment is sufficient evidence ... not be taken for granted, however, that a transport project always expands labour demand. transport and labour can be substitutes rather than complements in production. it is well possible that ...
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Microsoft Word - discussion_huizinga_newfig2.doc
... the expensive labour by substituting capital for labour, by applying innovations that save on the use of labour or by making products that require less labour input. as a result, labour productivity rises ... up the basic model of wage formation in imperfect labour markets and discuss whether a wage push can permanently affect wages or labour productivity. in section 3 we incorporate exogenous ...
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who benefits tax competition european union pdf
... savings can be invested in bonds and stocks. since both asset types are specified as imperfect substitutes, an investor will always diversify his portfolio over both assets (bonds of different origin ... of return. we have simplified taxation systems and abstract from modelling housing stocks, financial institutions, imperfect labour markets and tax havens.14 a key extension of the model is the use of ...
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discussion paper 201 labour market cge models pdf
... of the wage curve in section 5.3, where we review dierent options of modelling imperfect labour markets. outcome variables of interest just as important as the location of the initial shock ... from the two varieties of labour are imperfect substitutes in the utility function 15 u u with distribution parameters i and elasticity of substitution 0. the distribution of labour between the two varieties ...
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analyzing labour supply elderly people life cycle approach pdf
... funds (pbt), if applicable. in section 3.3 we will discuss these elements more extensively. imperfect financial markets enter the model through the opportunities to impose a borrowing contraint. the ... to differ between individuals. variable dt, the time surcharge on labour, measuring the variable labour costs, dtlt. these variable labour costs are measured in terms of time, as witnessed by its ...
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cpb book labour market flexibility netherlands 0 pdf
... of different types of labour contracts makes sense, since they serve different goals on the labour market. key words labour market flexibility, wages, tenure ... period, but the signal from such a period may be imperfect. it does not pay for a worker to signal ... firm specific. acemoglu and pischke (1999) argue that imperfect competition on the labour market makes firms willing to invest in general human ...
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rmcpb8.dvi
... do not depend on labour supply. however, we have drawn a dotted box around the labour market to highlight that labour supply determines the size ... per unit labour cost of labour type i for rm j. sym- metric rms implies pi pj i. per unit labour costs for labour type i, ... we assume that the output of the three skill types are imperfect substitutes (see draper and manders (1996)). demand is exerted both by ...
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income incentives labour participation and home production pdf
... estimate consumption residual life-time participation consumption times participation taste shifters years of tight labour market 2.06 2.06 woman intermediate education woman higher education men intermediate education ... . apps, p. and r. rees, 2003, life cycle time allocation and saving in an imperfect capital market, iza discussion papers, no. 1036. attanasio, o. and m. browning, 1995, consumption ...
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