1 - 3 van 3 voor marginal productivity
N:\publicaties\...\cpbdoc16.wp [PFP#1211064953]
... , while tfp is still exogenous, since capital goods and labour inputs differ substantially in marginal productivity. the specific feature of investments in physical capital and human capital as a source ... skills. therefore, labour inputs differ in marginal productivity. as a result, a rise in the supply of labour contributes to output growth in proportion to the marginal product of the added labour ...
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exports and productivity selection effects pdf
... productivity increases the likelihood of being an exporter by 0.14 in manufacturing and by 0.26 in services, and for pro...tability the marginal e ects are, respectively, 0.09 and 0.04. 3.2 testing productivity premia for ... productivity and pro...tability of manufacturing in year t 3 is a good predictor for export start in year t. a marginal increase in labour productivity ...
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DNB Onderzoeksrapporten - De Nederlandsche Bank
... develops a new keynesian model with credit market imperfections that shows how overly positive productivity expectations initially drive the interest rate risk premium below its equilibrium value, boosting real ... portfolios in the exposures, in combination with a condition on the tails of the marginal distributions of these exposures, determines whether the potential for systemic risk is weak or ...
dnb.nl
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