We analyse dynamic general equilibrium models with more-or-less directed search by informed buyers and random search by uninformed buyers. This nests existing specifications and generates new insights. A quantitative application concerns the welfare cost of inflation, which is known to be quite high ...
1.Reuters-CRBIndex(CCI)路透CRB商品指数 http://wenda.tianya.cn/wenda/thread?tid=41d6add188d554d2 2.ProducerPriceIndex生产者物价指数 http://zhidao.baidu.com/question/392803681.html 3.EmploymentCostIndex(ECI)雇佣成本指数 http://www.investorwords.com/5544/Employment_Cost_Index.html Whatinflation...
comes at the cost of temporarily depressing construction activities. Also, some initiatives do not involve growth-fragility trade-offs, like lowering regulatory barriers, increasing regulatory quality and certainty, and other product and labour market policies. On the other hand...
Using about 73,000 individuals’ data in China, this research, for the first time, analyzes the impact of labor transfer (LT) caused by foreign product demand (FPD) on human capital investment. Two-stage least squares estimation with the instrumental var
some initiatives do not involve growth-fragility trade-offs, like lowering regulatory barriers, increasing regulatory quality and certainty, and other product and labour market policies. On the other hand, not all contributors to resilience show up in GDP calculation, like income distribution and pollu...
Unequal exchange of labour in the world economy 2024, Nature Communications Epochal turns: Uncomfortable insights, uncertain outlooks 2023, Sustainable Development Comprehensive assessment of the environmental and employment impacts of international trade from the perspective of global value chains 2023, Fron...
X† refers to L.gini, L.gini × L.lny, and L.lny 123 Inequality and growth in China 571 distribution affect the proportion of people who can afford for education, and therefore the shares of educational attainment and skilled labour at the aggregate level, which ultimately affect the ...
In ageing Europe, multicultural migrants have been strongly correlated to the change in older adults’ demands and care labour (Gavanas,2013). For instance, older migrants have significantly increased in Sweden and Switzerland: with the privatisation of eldercare in these developed countries and the...
The great leap upward: the Chinese economy's take-off has been little short of vertical, but does it represent an industrial revolution based more on low-cost labour than on technological advancement? Ron Matthews and Zhang Yan chart Beijing's economic liberalisation agenda and investigate the ...
During the lifetime of China’s present older population, the country has rapidly scaled the Preston Curve in terms of life expectancy (Table2) [77]. Education is strongly associated with life expectancy, morbidity, health behaviours, labour market potential and health literacy [78]. ...