Witryna1 lut 2006 · (PDF) Imperfect Capital Mobility in an Open Economy Model of Capital Accumulation Imperfect Capital Mobility in an Open Economy Model of Capital … Witryna7 lis 2014 · The trend, which has been manifested in both freer movement of goods and increased mobility of capital, has been stimulated by the dismantling of trade and exchange controls in Europe, the gradual erosion of the real burden of tariff protection, and the stability, unparalleled since 1914, of the exchange rates.
Imperfect Resource Mobility SpringerLink
Witryna1 lut 2024 · A first way to gauge the role of labor mobility costs for fiscal transmission is to investigate how impact responses of relative sector size vary over time and … WitrynaImperfect Capital Mobility in an Open Economy Model of Capital Accumulation Prepared by Vladimir Klyuev1 Authorized for distribution by Eric V. Clifton February … rocking captain chair
The imperfect mobility of labour: Going from theory to ‘virtual ...
Witrynarelies upon two ingredients: i) imperfect mobility of labor across sectors, and ii) physical capital accumulation. Finally, our numerical results reveal that the model predicts the relative price response fairly well, and to a lesser extent the relative wage response. Keywords: Relative price of non tradables; Sectoral wages; Productivity ... Witrynademands both imperfect imitability (or causal ambiguity) and imperfect mobility (or specificity) (Lippman & Rumelt, 1982) and thus the literature has moved on to focus on both appropriability hazards and the transferability costs (Kogut & Zander, 2003).1 We build on Chi’s (1994) treatise on knowledge assets, highlighting three key attri- WitrynaGoods Trade, Factor Mobility and Welfare ... factors of production are perfectly mobile between all regions to allow for imperfect factor immobil-ity and to allow factors of production to be mobile across regions within countries but not across countries. Cos¸ar and Fajgelbaum (2013) develop a model of trade and internal geography, in which ... rocking camp chair with cover