Journal of Economics Bibliography
Not a member yet
217 research outputs found
Sort by
Proliferation of globalization and its impact on labor markets in advanced industrial nations and developing nations
Get PDFAbstract. The purpose of this paper is to provide insights into how the proliferation of globalization has impacted labor markets both in a advanced industrialized nations and well as developing nations. Insightful analysis will be drawn from Oatley (2011) on division of labor, Jaumotte & Tytell (2007) on labor compensation, Hahn & Narjoko (2013) on the impact on South Asian Countries, Basu (2016) on wage as a share of GDP and Wallace, Gauchat & Fullerton (2011) on the impact of globalization and labor markets on inequality.Keywords. Globalization, Labor Markets.JEL. F66, L52, Β50
Diagnosis of the agricultural information, training and advices system in Bulgaria
Get PDFAbstract. Despite the great theoretical and practical significance, in Bulgaria there are no comprehensive analysis of the state and evolution of the system of agricultural information, training and advices in Bulgaria. The goal of this paper is to analyze the state and evolution of the system of agricultural information, training and advices in Bulgaria during the period after country’s EU accession, identify major trends in that area, make a comparison with other EU states, specify main problems, and suggest conclusions for improvement of policies during next programing period. The analysis has found out that in years after accession of the country to EU the number of the farm managers who undertook full agricultural training increases, but despite that almost 93% of them are still with practical experiences and without any agricultural training. The extent of participation of rural areas rests weak and constantly decreasing, and Bulgaria is among the last in EU in hours of formal and informal education and training. In years of EU membership the number of provided consultations is doubled and in recent years 17% of all registered agricultural producers and each tenth farmer in the country are consulted while the subjects of provided consultation widened. Also hundreds of events associated with knowledge and innovation transfer and sharing are organized as most of them are jointly organized by the National Advisory Service with the institutes of Agricultural Academy, agrarian and other universities, research and development organizations. The number of organized events, the overall number of participants, and the average number of participant per event tend to decrease.Keywords. Training, Consultation, Advices, Agriculture, Bulgaria.JEL. Q10, O31, O33, Q01, Q16, Q18
The Tongan board of commissioners of currency (1935-1989): Not an orthodox currency board
Get PDFAbstract. This paper provides a historical summary, legislative history, and the first spreadsheet data series of the Tonga Board of Commissioners of Currency (1935-1989) and uses statistical tests to examine to what extent it operated as an orthodox currency board.Keywords. Tonga, Currency board.JEL. E42, N17
International financial credit crises; Lessons from Canada
Get PDFAbstract. The credit crises experienced in the US in year 2008 is labeled as perhaps the most significant crises since the great depression. The roots of the crises were found in the default of the sub-prime mortgages and the failure occurred in both the US and the UK. Due to the integrated nature of international financial systems the spillover impacted many countries as the economies in Asia and Europe were purchasers of the sub-prime mortgages that originated in both UK and US. The impact of the credit crises in Canada is of unique importance due to the close proximity to US, and both the US and Canada being of great strategic importance to each other as well as one of the largest trading partners.Even though the international financial credit crises adversely impacted many countries, the evidence that has come across recent years point towards the conclusion that Canada was able to weather the crises much better than many other countries.Keywords. Banking system, Canada, Financial credit crises, MNC’s, Regulations.JEL. F23, N12, N22, N32, N42, O51
The competitiveness puzzle: Interpretations, misunderstandings, and conceptual reorientations towards integrated competitiveness policy approaches
Get PDFAbstract. Competitiveness is a field of discord and controversies among economists from the very first moment it appeared in the theory and practice of economic policy. This article aims to identify how the concept of competitiveness evolves and find out possible points of convergence, divergence, and synthesis in contemporary scientific dialogue. It first presents older and recent approaches to competitiveness by identifying potential conceptual enrichments and reorientations at the meso-level of analysis. It finds that the rediscovery and deepening into the meso-economic approaches, which connect the micro and macro-economic levels of analysis dynamically, have the potential to offer new analytical content and interpretive potential on competitiveness. Growth poles, industrial districts, and innovation environments constitute such meso-level approaches. In conclusion, we propose a multilevel synthesis of competitiveness and an integrated form of industrial policy in the scheme of “competitiveness web” and “co-opetitiveness pole.”Keywords. Competitiveness, Micro-meso-macro analysis, Growth poles, Industrial districts, Innovation environment, Competitiveness web, Co-opetitiveness pole.JEL. L52, Β50
Union duopoly with homogeneous labor: The effect of membership and employment constraints
Get PDFAbstract. This research analyzes the labor market outcome when there are two unions in the industry, representing homogeneous workers (hence, unions use employment strategies), in the presence of union employment (quantity) constraints. Three strategic environments are considered: Nash-Cournot duopoly, Stackelberg duopoly and efficient cooperation between the two unions. Employment constraints -ceilings and floors- originate kinks and/or discontinuities in the reaction functions, leading to corner solutions and special features of the labor market equilibrium. Two types of constraints are discussed. One is insufficient employed membership (ceiling) for the interior solution. Then it may be optimal for a Stackelberg leader to push the other to the bound. The other case considered is the legal requirement of a minimum number of employed members that the union must have to be constituted. Entry-deterrence strategies of the leading union may then emerge.Keywords. Unions, Wage determination models, Union bargaining, Corporatism, Imperfect competition and union behavior, Union oligopoly, Union membership, Union representativeness, Occupational licensure.JEL. J51, E24, D45, D49, C79
Exploitation in a disruptive and unjust gig-economy
Get PDFAbstract. The purpose of this report is an appraisal of the gig economy; educating and informing an academic audience of the faults that exist and how these faults lead to exploitation and unjustness in the gig economy. During the writing process, I researched the academic articles and books related to the gig economy and exploitation, enabling myself to form a solid foundation from which to conduct further research. In addition, work was conducted to synthesize the journal articles, online resources and books. The scope of this report examines the corpus of the text relating to the gig economy and exploitation and I emphasize some of the ways the writers manage to display the exploitation and the unjustness in the gig economy.Keywords. Gig-economy, Disruptive technologies, Externalities, Pigouvian taxes, Labor standards.JEL. A13, J01, K31, O30
How the panic of 1907 passed Argentina by
Get PDFAbstract. This paper examines Argentina’s Caja de Conversión in 1907 and 1908, when a financial panic affected a number of other financial markets. Through an analysis of the Caja’s monthly balance sheets (digitized in an accompanying workbook), it tests the degree of the Caja’s currency board orthodoxy and analyzes the effects of the panic on the Argentine economy.Keywords. Argentina, Caja de Conversión, currency board, 1907.JEL. N16