103,589 research outputs found

    Job Creation and Investment in Imperfect Capital and Labor Markets

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    This 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.

    READ @your library Rene G. Rendon (poster)

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    A project of the Dudley Knox Library at the Naval Postgraduate School

    READ @your library Rene G. Rendon (bookmark)

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    A project of the Dudley Knox Library at the Naval Postgraduate School

    Employment and Deadweight Loss Effects of Observed Non-Wage Labor Costs

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    To assess the employment effects of labor costs it is crucial to have reliable estimates of the labor cost elasticity of labor demand. Using a matched firm-worker dataset, we estimate a long run unconditional labor demand function, exploiting information on workers to correct for endogeneity in the determination of wages. We evaluate the employment and deadweight loss effects of observed employers' contributions imposed by labor laws (health insurance, training, and taxes) as well as of observed workers' deductions (social security, and income tax). We find that non-wage labor costs reduce employment by 17% for white-collars and by 53% for blue-collars, with associated deadweight losses of 10% and 35% of total contributions, respectively. Since most firms undercomply with mandated employers' and workers contributions, we find that full compliance would imply employment losses of 4% for white-collars and 12% for blue-collars, with respective associated deadweight losses of 2% and 6%.Employment, Deadweight Loss, Job Creation, Labor Costs, Labor Law

    READ @your library Rene G. Rendon & Keith F. Snider (poster)

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    A project of the Dudley Knox Library at the Naval Postgraduate School

    READ @your library Rene G. Rendon & Keith F. Snider (bookmark)

    No full text
    A project of the Dudley Knox Library at the Naval Postgraduate School

    Analysis of Procurement Ethics in the Workplace

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    In 2017, the DoD obligated more than $330 billion in contracts for mission-critical supplies and services. This includes the planning, awarding and administering of more than three million contract actions (USA Spending, 2018). DoD contracting officers play a critical role in the contracting process. Contracting officers are the only individuals authorized to award and administer contracts and make related determinations and findings (FAR, 2018). Additionally, contracting officers serve as the primary focal point for contractual issues, managing horizontal interfaces with external organizations, as well as vertical interfaces with internal organization (Rendon & Wilkinson, 2016). This role places contracting officers, in comparison to other members of the DoD workforce, in a challenging position from the perspective of ensuring contracts comply with laws, codes, and regulations. The DoD has established ethical codes of conduct to be observed by every member of the defense workforce. Additionally, the National Contract Management Association (NCMA) has also established a code of ethics for the members of the contract management profession. However, not everyone in the DoD, including senior government officials, or members of the acquisition workforce, may be aware, knowledgeable, or even in compliance with established ethical standards of conduct (Rendon & Rendon, 2015, 2016; Whitely et al., 2017). Thus, contracting officers face additional ethical challenges in ensuring contract management processes are performed in an ethical manner, compared to other members of the DoD workforce. The purpose of this research was to explore ethics and compliance strengths and challenges in the contract management workforce (Rendon & Wilkinson, 2016, pp. 49ヨ50).Naval Postgraduate School Acquisition Research Progra

    Porcine-derived acellular dermal matrix for buccal soft tissue augmentation at single implant sites: A 1-year follow-up case series

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    Soft tissue augmentation procedures are crucial to obtain a successful outcome in implant therapy. The aim of this case series was to describe the 1-year clinical outcomes of a porcine-derived acellular dermal matrix for buccal mucosal thickness augmentation at osseointegrated single implants with facial peri-implant soft tissue deficiencies. Ten patients were included and treated with a prosthetic and surgical approach that combined a coronally advanced flap and a dermal matrix. Results showed the possibility to obtain an increase in buccal soft tissue thickness of 1.2 ± 0.18 mm at single implant sites in the esthetic area

    Bibliographie Hilarion G. Petzold 1958 – 2009 mit Anhang als Einführung

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    Dieses Archiv enthält die Gesamtbibliographie der Werke des Autors nebst einiger Texte „Über H. G. Petzold“ im Schlussteil der Bibliographie sowie einen Anhang mit einer Einführung in die Architektur des Werkes in seinem wissenslogischen Aufbau als Ausarbeitung seines „Tree of Science Modells“ (2007).This archive contains the complete bibliography of the author and some texts about H. G. Petzold, moreover an epilogue with an introduction to the architecture of the works in its epistemological structure and composition and as an elaborations of Petzold’s „Tree of Science Modell (2007).https://www.fpi-publikation.de/polyloge/01-2009-petzold-h-g-gesamtbibliographie-h-g-petzold-1958-2009-updating-november2009/peerReviewedpublishedVersio

    Dispelling the Myths Behind First-author Citation Counts

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    We conducted a full-scale evaluative citation analysis study of scholars in the XML research field to explore just how different from each other author rankings resulting from different citation counting methods actually are, and to demonstrate the capability of emerging data and tools on the Web in supporting more realistic citation counting methods. Our results contest some common arguments for the continued use of first-author citation counts in the evaluation of scholars, such as high correlations between author rankings by first-author citation counts and other citation counting methods, and high costs of using more realistic citation counting methods that are not well-supported by the ISI databases. It is argued that increasingly available digital full text research papers make it possible for citation analysis studies to go beyond what the ISI databases have directly supported and to employ more sophisticated methods
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