4,716 research outputs found
Recommended from our members
A letter from Capitan Rendon to Dr. Hector P. Garcia.
No full textA handwritten letter from Capitan Rendon to Dr. Hector P. Garcia, thanking him for attending his mothers funeral
Job Creation and Investment in Imperfect Capital and Labor Markets
No full textThis paper shows that liquidity constraints restrict job creation even with flexible labor markets. In a dynamic model of firm investment and demand for labor with imperfect capital markets, represented as a constraint on dividends, and imperfect labor markets, contained in legal firing and hiring costs applicable to some workers, firms use flexible labor contracts to alleviate financial constraints. The optimal policy rules of the theoretical model are integrated into a maximum likelihood procedure to recover the model's behavioral parameters. Data for the estimation come from the CBBE (Balance Sheet data from the Bank of Spain). I evaluate the effects of removing one imperfection at a time, and show that the relaxation of financial constraints produces (i) more job creation than the elimination of labor market rigidities, and (ii) a substantial increase in firm investment, which does not happen if only labor market rigidities are removed.Job Creation, Employment, Investment, Adjustment Costs, Liquidity Constraints, Structural Estimation.
Recommended from our members
A letter from Florencio H. Rendon to Dr. Hector P. Garcia, with an attached portion of the Congressional Record regarding the passage of the Simpson Mazzoli bill in the United States Congress.
No full textA letter from Florencio H. Rendon, Administrative Assistant to Congressman Solomon P. Ortiz, to Dr. Hector P. Garcia, with an attached portion of the Congressional Record regarding the passage of the Simpson Mazzoli bill in the United States Congress
Jose Rendon
No full textA portrait photograph of Jose Rendon, a 2023 YMCA Hall of Fame inductee. He is wearing a suit and smiling.For more information on Jose Rendon, see: https://springfield.as.atlas-sys.com/agents/people/882Original photograph was donated as a digital file. A physical print has been created and placed within this collection.; Digital files has a very low resolution.
Jose Rendon
No full textA portrait photograph of Jose Rendon, a 2023 YMCA Hall of Fame inductee.For more information on Jose Rendon, see: https://springfield.as.atlas-sys.com/agents/people/882Original photograph was donated as a digital file. A physical print has been created and placed within this collection.; Digital files has a very low resolution.
Jose Rendon
No full textA portrait photograph of Jose Rendon. His tie is undone and he is smiling.For more information on Jose Rendon, see: https://springfield.as.atlas-sys.com/agents/people/882Original photographic print was scanned and sent back to family. A print copy was made and placed within the collection.
Genzalo Rendon : Vue d'ensemble du site
No full textGenzalo Rendon, Municipio Ocosingo.Vue d'ensemble du sit
Jose Rendon
No full textA portrait photograph of Jose Rendon, a 2023 YMCA Hall of Fame inductee. He is standing in front of entrance way wearing a suit.For more information on Jose Rendon, see: https://springfield.as.atlas-sys.com/agents/people/882Original photograph was donated as a digital file. A physical print has been created and placed within this collection.; Digital files has a very low resolution.
Jose Rendon at podium
No full textA photograph of Jose Rendon standing behind a podium. He is smiling. There is a man behind and to his right and a women to his left.For more information on Jose Rendon, see: https://springfield.as.atlas-sys.com/agents/people/882Original photographic print was scanned and sent back to family. A print copy was made and placed within the collection.
Jose Rendon with children
No full textA photograph of Jose Rendon sitting on a couch with two children, maybe his own children Nicole and Natascha.For more information on Jose Rendon, see: https://springfield.as.atlas-sys.com/agents/people/882Original photographic print was scanned and sent back to family. A print copy was made and placed within the collection.
- …
