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Registros recuperados: 23
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A Critical Assessment of Islamic Economics AgEcon
Shams, Rasul.
This paper presents a critical assessment of the widely discussed concept of Islamic Economics. The two different interpretations of Islamic economics as the study of the functioning of an interest-free economy and the validity of moral values in the economy are discussed. It is shown that none of these interpretations can help to create an acceptable foundation for an Islamic economics. Far away from laying the foundation for such an economics the question is raised how an Islamic economy would function, based on the Islamic principle of controlling the Nafs. Microeconomics and macroeconomics of such an economy are analysed and its special features are compared to an economy functioning on the basis of laws devised by the conventional economic analysis.
Tipo: Working or Discussion Paper Palavras-chave: Household behaviour; Unemployment; Moral values; Islamic economy; Consumer/Household Economics; Political Economy; D10; E24; P50.
Ano: 2004 URL: http://purl.umn.edu/26295
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¿Crisis real o crisis de expectativas?: el empleo en el Perú antes y después de las reformas estructurales AgEcon
Saavedra Chanduvi, Jaime.
En esta investigación se analizan los mecanismos de ajuste del mercado de trabajo entre 1986 y 1997. Luego de un estancamiento del empleo entre 1988 y 1992, periodo recesivo en el cual el mercado de trabajo se ajustó a través de una reducción en los ingresos reales y una menor tasa de participación laboral, a partir de 1993, el empleo empezó a crecer junto con el nivel de actividad económica. El mercado de trabajo fue capaz de absorber el aumento de la oferta de empleo en ese periodo. El aumento del empleo fue generado íntegramente por el sector privado, ya que el empleo público se redujo. Sin embargo, hay grupos demográficos específicos, como los hombres de mayor edad, para quienes el crecimiento del empleo ha sido muy pequeño, y las probabilidades de...
Tipo: Working or Discussion Paper Palavras-chave: Empleo; Desempleo; Ingreso; Mercado de trabajo; Sector informal; Ajuste estructural; Employment; Unemployment; Income; Labour market; Informal sector; Structural adjustment; Peru; Labor and Human Capital; E24; D31; J2; J4.
Ano: 1998 URL: http://purl.umn.edu/37981
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Effective Labor Regulation and Microeconomic Flexibility AgEcon
Caballero, Ricardo J.; Cowan, Devin N.; Engel, Eduardo M.R.A.; Micco, Alejandro.
Microeconomic flexibility, by facilitating the process of creative-destruction, is at the core of economic growth in modern market economies. The main reason for why this process is not infinitely fast is the presence of adjustment costs, some of them technological, others institutional. Chief among the latter is labor market regulation. While few economists would object to such a view, its empirical support is rather weak. In this paper we revisit this hypothesis and find strong evidence for it. We use a new sectoral panel for 60 countries and a methodology suitable for such a panel. We find that job security regulation clearly hampers the creative-destruction process, especially in countries where regulations are likely to be enforced. Moving from the...
Tipo: Working or Discussion Paper Palavras-chave: Microeconomic rigidities; Creative-destruction; Job security regulation; Adjustment costs; Rule of law; Productivity growth; Labor and Human Capital; E24; J23; J63; J64; K00.
Ano: 2004 URL: http://purl.umn.edu/28486
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Empirical research findings on telework: Management experiences and attitudes AgEcon
Forgacs, Tamas.
Based on the technological progress and the complex work processes of our increasingly globalised world, novel ways of organising work can be seen everywhere. The EU has defined atypical forms of employment as breakthrough points in improving employment indices. Telework is probably the most innovative atypical working form, offering huge amount of benefits for the employer, employee and the society. Gaining a deeper understanding of employment trends and employers’ decision-making mechanisms, we can understand the specifics of this spreading working form, and we can use this knowledge to stimulate the employment trends. This study summarises the finding of an empirical research among medium and large enterprises in Hungary using telework.
Tipo: Journal Article Palavras-chave: Telework; Employment; Regional development.; Marketing; E24; J21.
Ano: 2010 URL: http://purl.umn.edu/95916
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EMPLOYMENT IN BIOTECHNOLOGY IN GERMANY AgEcon
Menrad, Klaus.
Paper prepared for presentation at the 8th ICABR International Conference on Agricultural Biotechnology: International Trade and Domestic Production Ravello (Italy), July 8 to 11th, 2004
Tipo: Conference Paper or Presentation Palavras-chave: Biotechnology; Employment; Germany; Application industries; Simulation; Labor and Human Capital; E24; J21.
Ano: 2004 URL: http://purl.umn.edu/91012
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Exchange Rate Uncertainty and Labour Market Adjustment under Fixed and Flexible Exchange Rates AgEcon
Chen, Yu-Fu; Funke, Michael.
The standard literature on working time has modelled the decisions of firms in a deterministic framework in which firms can choose between employment and overtime (given mandated standard hours). Contrary to this approach, we follow the real options approach, which allows us to investigate the value to a firm of waiting to adjust labour when the firm´s revenues in domestic currency are stochastic and adjustment costs are sunk. The simulations reject the null hypothesis that all exchange rate regimes obey common employment adjustment thresholds.
Tipo: Working or Discussion Paper Palavras-chave: Real Option Theory; Uncertainty; Working Time; Employment; Labour Demand; Exchange Rates; Financial Economics; Labor and Human Capital; D81; E24; J23; F31.
Ano: 2002 URL: http://purl.umn.edu/26287
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Farming Exit Decision by Age Group: Analysis of Tobacco Buyout Impact in Kentucky AgEcon
Pushkarskaya, Helen N.; Vedenov, Dmitry V..
This article analyzes factors that affected the decision to exit tobacco production in the wake of the tobacco buyout program using the data collected through a survey of Kentucky tobacco farmers. Using the Heuristic logistic regression model, we find that the decision to exit tobacco growing was affected by efficiency considerations, availability of off-farm employment, and exit barriers. Availability of off-farm employment had the strongest effect on farmers younger than 46, while the effect of variables measuring efficiency and exit barriers seemed to be more uniform across age groups. Based on the results we suggest several policy interventions.
Tipo: Journal Article Palavras-chave: Age group; Industry exit; Tobacco buyout; Tobacco farming; Agribusiness; Crop Production/Industries; Farm Management; Institutional and Behavioral Economics; Labor and Human Capital; Marketing; Production Economics; C25; D21; E24; J00; J11; J24; J43; Q18; R23.
Ano: 2009 URL: http://purl.umn.edu/56653
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Filtering with Search AgEcon
Taub, Bart.
A firm monopsonistically hires labor from a pool containing both skilled and unskilled workers. The marginal value of a worker depends on the match between the job and the worker's skill level. Unskilled workers can have negative productivity if they are placed in a skilled job. The firm cannot distinguish the two types. The workers are initially dispersed and search for the high wage jobs from the firm. The workers' skill levels are correlated with their patience; equivalently, they obtain indirect benefits, such as non-firm-specific career capital, from jobs that use their skill appropriately. By judiciously choosing different wages for different types of jobs, the firm can partially filter the appropriate worker types and match them with the appropriate...
Tipo: Working or Discussion Paper Palavras-chave: Labor and Human Capital; C73; D83; E24; J64.
Ano: 2001 URL: http://purl.umn.edu/26256
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Income distribution, standard of living and capabilities: a cross-sectoral analysis. AgEcon
Croci Angelini, Elisabetta; Sorana, Silvia.
The aim of the paper is to investigate how agricultural relative incomes have changed in recent years, since the CAP has switched its emphasis from price support to rural development. The distributional implications of agricultural and rural policies are indirectly evaluated looking at the dynamics of earnings and wages in agriculture, as well as at the rural household incomes described through monetary and non monetary variables, so to proxy their living standards. Our concern is not particularly on the agricultural policy tools, as much as on the evaluation of their end results. A comparison spanning through time and across countries is performed on the basis of the information provided by the ECHP and EU-SILC surveys. The paper seeks to unravel the...
Tipo: Conference Paper or Presentation Palavras-chave: Income distribution; Standard of living Earnings in agriculture.; Agricultural and Food Policy; D31; E24; J31; N50.
Ano: 2011 URL: http://purl.umn.edu/99587
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L’IMPACT DU CAPITAL HUMAIN SUR LA PRODUCTIVITE AGRICOLE AU BURKINA FASO AgEcon
Theophile, Kabore.
Contributed Paper presented at the International Conference on Agriculture Of Ouagadougou (BURKINA FASO), December 4-6, 2010.
Tipo: Conference Paper or Presentation Palavras-chave: Capital humain; Rendements; Productivité; Parcelle; Matching; Human capital; Productivity; Farm; Matching; Labor and Human Capital; Productivity Analysis; E24; N54; Q12.
Ano: 2010 URL: http://purl.umn.edu/102275
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Long-Term Unemployment and Subsidizing Vacancies in a Growth-Matching Model AgEcon
Birk, Angela.
How can long-term unemployment be reduced by policy measures of the government? In this paper a growth-matching-model is developed, in which the unemployment pool consists of heterogeneous unemployed workers, short-term and long-term unemployed, and with an endogenous skill-depreciation of the long-term unemployed emerging as technical progress accelerates. For innovation countries characterized by rapid technical progress we show that through subsidizing vacancy creation which causes a substitution and an income effect long-term unemployment can be reduced. Since the positive substitution effect implied by subsidizing vacancy creation outweighs the negative income effect induced by taxing the household's income, a positive employment effect results...
Tipo: Working or Discussion Paper Palavras-chave: Long-term unemployment; Growth; Search; Matching; Subsidies; Labor and Human Capital; E24; J41; O41.
Ano: 2001 URL: http://purl.umn.edu/26194
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Nicaragua: Without structural changes there´ll be no sustainable reduction of rural poverty AgEcon
Perez, Francisco Jose.
This is a contribution of the ENVIO-NITLAPAN. The author is member of the scientific council of the RCASAE, and he is a senior researcher of the CAU NITLAPAN.
Tipo: Working or Discussion Paper Palavras-chave: Poverty Reduction Strategies; Agriculture and Development; Food Security and Poverty; E24; E23; D43; D72.
Ano: 2011 URL: http://purl.umn.edu/113038
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Qualification-Mismatch and Long-Term Unemployment in a Growth-Matching Model AgEcon
Birk, Angela.
How does technical progress affect long-term unemployment? The relationship between long-term unemployment and the rate of growth attributable to technical progress is evaluated in a growth-matching-model with heterogeneous jobless workers and with endogenously determined long-term unemployed resulting from skill-depreciation. For innovation economies characterized by high steady-state levels of capital intensities the model shows that, due to a capitalization effect and a qualification-mismatch effect, increasing technological progress has adverse implications for long-term unemployment. Furthermore, for imitation economies with low steady-state capital intensities increasing technological progress can be either favorable or less favorable for long-term...
Tipo: Working or Discussion Paper Palavras-chave: Long-term unemployment; Mismatch; Growth; Search; Matching; Labor and Human Capital; E24; J41; O41.
Ano: 2001 URL: http://purl.umn.edu/26181
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Social Security, Unemployment, and Growth AgEcon
Brauninger, Michael.
The paper develops an overlapping generations model that highlights interactions between social security, unemployment and growth. The social security system has two components: old age pensions and unemployment insurance. Pensions have a different effect on economic growth. Both pensions and unemployment benefits influence equilibrium unemployment caused by wage bargaining. Since unemployment impairs growth, both types of social security have an indirect, negative effect on growth.
Tipo: Working or Discussion Paper Palavras-chave: Unemployment benefits; Pensions; Wage bargaining; Endogenous growth; Labor and Human Capital; E24; H55; J51; J64; J65.
Ano: 2004 URL: http://purl.umn.edu/26346
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Spatial Dependence of Regional Unemployment in the European Union AgEcon
Niebuhr, Annekatrin.
The findings of recent studies on adjustment processes suggest that regional labour markets in the EU and the US differ significantly. Low wage flexibility and limited labour mobility in European countries involve persistent unemployment differentials across regions. However, the spatial dimension of regional labour market problems is largely neglected in the corresponding analyses. In contrast, the present paper focuses on the spatial structure of regional unemployment disparities. Regions are tightly linked by migration, commuting and interregional trade. These types of spatial interaction are exposed to frictional effects of distance, possibly causing spatial dependence of regional labour market conditions. Spatial association of regional unemployment...
Tipo: Working or Discussion Paper Palavras-chave: Regional unemployment; Spatial interaction; Spatial econometrics; Europe; Labor and Human Capital; C21; E24; R12.
Ano: 2002 URL: http://purl.umn.edu/26147
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The Effects of Public Debt on Labor Demand in the United States AgEcon
Garcia-Jimenez, Carlos I.; Mishra, Ashok K..
The relationship between appreciation of the exchange rate and employment is investigated in the period 1980-2008 for the United States. Previous literature has found a negative relationship, studying as channels of transmission the role of exports, substitution of factors of production, terms of trade, openness, and productivity. This study endeavors to shed some light on the role of government debt on determining the level of employment through the exchange rate. The mechanism of transmission is defined. The model is derived from a standard Cobb Douglas production function having government debt affecting the growth of productivity. Exchange rate appreciations and increasing public debt were found to be detrimental to employment.
Tipo: Conference Paper or Presentation Palavras-chave: Unemployment rate; Government; Budget deficit; Exchange rate; Trade deficit; FDI; Financial Economics; International Development; Labor and Human Capital; Political Economy; Public Economics; F31; J01; E24; E62.
Ano: 2010 URL: http://purl.umn.edu/56361
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The Labor Market Impact of Immigration in Western Germany in the 1990’s AgEcon
D’Amuri, Francesco; Ottaviano, Gianmarco I.P.; Peri, Giovanni.
We adopt a general equilibrium approach in order to measure the effects of recent immigration on the Western German labor market, looking at both wage and employment effects. Using the Regional File of the IAB Employment Subsample for the period 1987-2001, we find that the substantial immigration of the 1990’s had no adverse effects on native wages and employment levels. It had instead adverse employment and wage effects on previous waves of immigrants. This stems from the fact that, after controlling for education and experience levels, native and migrant workers appear to be imperfect substitutes whereas new and old immigrants exhibit perfect substitutability. Our analysis suggests that if the German labor market were as ‘flexible’ as the UK labor...
Tipo: Conference Paper or Presentation Palavras-chave: Immigration; Skill Complementarities; Employment; Wages; Labor and Human Capital; E24; F22; J61; J31.
Ano: 2008 URL: http://purl.umn.edu/6384
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The Neoliberal Myth in Latin America: The Cases of Mexico and Argentina in the ‘90s AgEcon
Ronchi, Veronica.
During the '90s most Latin American countries were submitted to neoliberal structural reform policies. Neoliberal policies imposed market supremacy, reduced the State's role in the economy and deregulated the markets. This paper aims at describing how these policies affected the most important macroeconomic indexes, with special emphasis on Argentina and Mexico, the two countries that suffered most from the economic crises of the '80s and '90s, and where the neoliberal policies were applied with greater orthodoxy. In spite of a slight improvement in some macroeconomic indexes, in Latin America neoliberalism failed to reduce poverty and unemployment, and was unable to guarantee a fair distribution of the wealth and improve welfare.
Tipo: Working or Discussion Paper Palavras-chave: Latin America; Mexico; Argentina; '90s; Neoliberalism; Political Economy; E21; E22; E24; E26; N16; N26; N36; O16.
Ano: 2007 URL: http://purl.umn.edu/9335
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The Political economy of environmental policy with overlapping generations AgEcon
Karp, Larry S.; Rezai, Amon.
A two-sector OLG model illuminates previously unexamined intergenerational effects of a tax that protects an environmental stock. A traded asset capitalizes the economic returns to future tax-induced environmental improvements, benefiting the current asset owners, the old generation. Absent a transfer, the tax harms the young generation by decreasing their real wage. Future generations benefit from the tax-induced improvement in environmental stock. The principal intergenerational conflict arising from public policy is between generations alive at the time society imposes the policy, not between generations alive at different times. A Pareto-improving policy can be implemented under various political economy settings.
Tipo: Working Paper Palavras-chave: Open-access resource; Two-sector overlapping generations; Resource tax; Generational conflict; Environmental policy; Dynamic bargaining; Markov perfection; Environmental Economics and Policy; E24; H23; Q20; Q52; Q54.
Ano: 2012 URL: http://purl.umn.edu/123718
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The Prospect of Migration, Sticky Wages, and "Educated Unemployment" AgEcon
Stark, Oded; Fan, C. Simon.
An increase in the probability of work abroad, where the returns to schooling are higher than at home, induces more individuals in a developing country to acquire education, which leads to an increase in the supply of educated workers in the domestic labor market. Where there is a sticky wage-rate, the demand for labor at home will be constant. With a rising supply and constant demand, the rate of unemployment of educated workers in the domestic labor market will increase. Thus, the prospect of employment abroad causes involuntary “educated unemployment” at home. A government that is concerned about “educated unemployment” and might therefore be expected to encourage unemployed educated people to migrate will nevertheless, under certain conditions, elect...
Tipo: Working or Discussion Paper Palavras-chave: Labor and Human Capital; E24; F22; J24; O15.
Ano: 2011 URL: http://purl.umn.edu/98572
Registros recuperados: 23
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