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Name
EconStor
Type
Thematic Repository
Items
125821 Publications
Compatibility
OpenAIRE 2.0+ (DRIVER OA, EC funding)
OAI-PMH
http://www.econstor.eu/dspace-oai/request
More information
Detailed data provider information (OpenDOAR)

 

  • On the patterns of behaviour in digitalized societies

    The study intends (1) to look at the importance of individual rationality as the main principle of economic behaviour, incorporated best in the concept of "homo oeconomicus". (2) to show how the third technological revolution, the "digitalization of society", may transform individual behaviour in the three pillars of an economic system (real, financial, public). One major achievement of main stream economics of Western style is the "homo oeconomicus". Behind this concept stands the idea of ra...

    Returns to Tenure or Seniority?

    This study documents two empirical regularities, using data for Denmark and Portugal. First, workers who are hired last, are the first to leave the firm (Last In, First Out; LIFO). Second, workers’ wages rise with seniority (= a worker’s tenure relative to the tenure of her colleagues). We seek to explain these regularities by developing a dynamic model of the firm with stochastic product demand and hiring cost (= irreversible specific investments). There is wage bargaining between a worker a...

    An Assessment of Cross-country Fiscal Consolidation

    "This paper analyzes fiscal adjustment by reviewing the cross-country experience of the Organization for Economic Cooperation and Development (OECD) or mature economies, and the emerging market economies during 1970-2002. We find that initial conditions, composition, and timing of adjustment matter for successful fiscal adjustment (SFA). First, countries with higher primary deficits and larger government debts are more likely to pursue SFA. Second, in mature economies, SFA is driven by expend...
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