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You searched for subject:(Real wage rate). Showing records 1 – 3 of 3 total matches.

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NSYSU

1. Tsai, Tsung-Jung. Public employment compensation and private wage in a small open economy.

Degree: Master, Economics, 2016, NSYSU

Low wage has been one of the issues that the Taiwanese government tries to resolve in the past fifteen years. This paper sets up a small open dynamic stochastic general equilibrium model, and discusses effects of increasing public employment compensation and of increasing government purchase. This paper shows that, in response to increasing public employment compensation, the amount of total output, total labor and real wage rate will increase over time, at higher rates than increasing government purchase. While in response to increasing government purchase, the private labor and output will increase. Advisors/Committee Members: Chih-Yu Yang (chair), Juin-Jen Chang (chair), Shu-Chun Yang (committee member).

Subjects/Keywords: public employment compensation; small open dynamic stochastic general equilibrium model; Real wage rate

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APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6th Edition):

Tsai, T. (2016). Public employment compensation and private wage in a small open economy. (Thesis). NSYSU. Retrieved from http://etd.lib.nsysu.edu.tw/ETD-db/ETD-search/view_etd?URN=etd-0606116-142235

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16th Edition):

Tsai, Tsung-Jung. “Public employment compensation and private wage in a small open economy.” 2016. Thesis, NSYSU. Accessed February 26, 2021. http://etd.lib.nsysu.edu.tw/ETD-db/ETD-search/view_etd?URN=etd-0606116-142235.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7th Edition):

Tsai, Tsung-Jung. “Public employment compensation and private wage in a small open economy.” 2016. Web. 26 Feb 2021.

Vancouver:

Tsai T. Public employment compensation and private wage in a small open economy. [Internet] [Thesis]. NSYSU; 2016. [cited 2021 Feb 26]. Available from: http://etd.lib.nsysu.edu.tw/ETD-db/ETD-search/view_etd?URN=etd-0606116-142235.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

Tsai T. Public employment compensation and private wage in a small open economy. [Thesis]. NSYSU; 2016. Available from: http://etd.lib.nsysu.edu.tw/ETD-db/ETD-search/view_etd?URN=etd-0606116-142235

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation


Université Catholique de Louvain

2. Arabzadeh, Hamzeh. Three essay on the sectoral aspects of economic policy.

Degree: 2016, Université Catholique de Louvain

In this dissertation, I study the implications of policies with heterogeneous sectoral impacts in three research fields of macroeconomics: (i) environmental policy, (ii) foreign aid and (iii) the political economy of the twin deficits. In the first chapter, the distributional impact of a pollution tax is studied by considering a society in which wealth is distributed heterogeneously among households. We present a model in which firms can use dirty and clean technologies. If the dirty technology is capital intensive, pollution tax leads to a reallocation of production factors towards the clean technology, changing the factor prices in favor of workers. Hence, richer people, owning a larger share of capital, support less the pollution tax. In the second chapter, I study the macroeconomic impacts of foreign aid. I consider two sectors: tradable (T-sector) and non-tradable sector (N-sector). I consider two forms of aid: (i) aid which is transferred to households and (ii) aid which is used to finance public investment. I investigate the impact of the liberalization of capital market on the optimal form and on the performance of foreign aid. In the third chapter, I study the impact of wage centralization on the political economy of the twin deficits. Econometric analysis of the paper finds evidence that wage centralization, in a cross-section of industrialized economies, is significantly associated with lower deficits in current account and budget balance. This chapter provides a political economy framework to explain this empirical finding.

(ECGE - Sciences économiques et de gestion)  – UCL, 2016

Advisors/Committee Members: UCL - SSH/IMMAQ/IRES - Institut de recherches économiques et sociales, UCL - Faculté des sciences économiques, sociales, politiques et de communication, De la Croix, David, d'Autume, Antoine, Decreuse, Bruno, Hairault, Jean-Olivier, Ragot, Xavier, Vannoorenberghe, Gonzague.

Subjects/Keywords: Heterogeneity in wealth; Current account imbalances; Foreign aid; Wage bargaining centralization; Real exchange rate; Pollution tax; Endogenous growth; Search and matching frictions; Dutch disease; Learning-by-doing; Twin deficits

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APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6th Edition):

Arabzadeh, H. (2016). Three essay on the sectoral aspects of economic policy. (Thesis). Université Catholique de Louvain. Retrieved from http://hdl.handle.net/2078.1/178241

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16th Edition):

Arabzadeh, Hamzeh. “Three essay on the sectoral aspects of economic policy.” 2016. Thesis, Université Catholique de Louvain. Accessed February 26, 2021. http://hdl.handle.net/2078.1/178241.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7th Edition):

Arabzadeh, Hamzeh. “Three essay on the sectoral aspects of economic policy.” 2016. Web. 26 Feb 2021.

Vancouver:

Arabzadeh H. Three essay on the sectoral aspects of economic policy. [Internet] [Thesis]. Université Catholique de Louvain; 2016. [cited 2021 Feb 26]. Available from: http://hdl.handle.net/2078.1/178241.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

Arabzadeh H. Three essay on the sectoral aspects of economic policy. [Thesis]. Université Catholique de Louvain; 2016. Available from: http://hdl.handle.net/2078.1/178241

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation


University of Newcastle

3. Khandoker, Tajkira. A stock-flow-consistent model of macroeconomic and financial instability.

Degree: PhD, 2019, University of Newcastle

Research Doctorate - Doctor of Philosophy (PhD)

While the 2007-2008 global financial crisis (GFC) began as a localised financial disturbance due to the collapse of the US real estate boom, it quickly transformed into a global economic downturn due to the inter-connectivity of the international financial system. The aim of this study has been to analyse the underlying causes of the 2007–2008 GFC through a stock-flow-consistent macroeconomic modelling approach (SFC). Economists following the Post-Keynesian tradition believe that the slackening aggregate demand in both the US and in many other nations has been caused by policies of continual fiscal withdrawal, aggravated by the decades-long decline of wage share in the GDP, which in combination has led the non-government sector into cumulative deficits and rising indebtedness. The key contribution of this study has been an investigation into the impact of this coupling of real wage repression and declining government, complemented by an analysis of financial behaviour on the part of private sector agents (e.g. credit rationing, asset price appreciation), which was seen to have undermined financial and macroeconomic stability in the US (and elsewhere). To this end, a tractable, and parsimonious stock-flow-consistent macroeconomic model (SFC) with four-sectors (household, production firm, commercial bank and consolidated government) was constructed. Three independent sets of simulations, focusing, respectively, on: (i) government-expenditure and wage-share shocks; (ii) wage-share, interest-rate and-house-price shocks, and, (iii) marginal propensity to consume (MPC), interest-rate, and-house-price shocks were analysed by examining the aftershock paths of most of the key growth variables, both the short run and long run. The first and second set of simulations had similar consequences for the economy. However, due to the presence of capital gains from house price appreciation, in the second set, the increasing net wealth of the households boosted autonomous consumption. The third set featured growth of consumption induced by income. In summary, policies aimed at promoting a consistent and rapid appreciation of asset prices, as pursued by many nations, were shown to be associated with burgeoning private debt, ultimately, with recessionary consequences. Hopefully, this thesis will contribute to a better understanding the downside for policies of this kind, which characterise the current era of New Capitalism—one marked, in particular, by consumption-related expenditure that has become more autonomous in relation to disposable income. The findings can also be applied to the evaluation of more sustainable policy alternatives—including those associated with a currency-sovereign government exploiting its freedom to engage in fiscal policy directed at the maintenance of overall macroeconomic and financial stability.

Advisors/Committee Members: University of Newcastle. Faculty of Business & Law, Newcastle Business School.

Subjects/Keywords: stock-flow-consistent model; global financial crises; credit rationing; monetary policy; fiscal policy; aggregate demand; aggregate capacity; capacity utilisation; interest-rate-shock; wage-share-shock; asset price appreciation; marginal propensity to consumption; macroeconomic stability; financial stability; fiscal withdrawal policy; real wage repression; decline of wage share; housing market; household debt; mortgage crises

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APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6th Edition):

Khandoker, T. (2019). A stock-flow-consistent model of macroeconomic and financial instability. (Doctoral Dissertation). University of Newcastle. Retrieved from http://hdl.handle.net/1959.13/1397937

Chicago Manual of Style (16th Edition):

Khandoker, Tajkira. “A stock-flow-consistent model of macroeconomic and financial instability.” 2019. Doctoral Dissertation, University of Newcastle. Accessed February 26, 2021. http://hdl.handle.net/1959.13/1397937.

MLA Handbook (7th Edition):

Khandoker, Tajkira. “A stock-flow-consistent model of macroeconomic and financial instability.” 2019. Web. 26 Feb 2021.

Vancouver:

Khandoker T. A stock-flow-consistent model of macroeconomic and financial instability. [Internet] [Doctoral dissertation]. University of Newcastle; 2019. [cited 2021 Feb 26]. Available from: http://hdl.handle.net/1959.13/1397937.

Council of Science Editors:

Khandoker T. A stock-flow-consistent model of macroeconomic and financial instability. [Doctoral Dissertation]. University of Newcastle; 2019. Available from: http://hdl.handle.net/1959.13/1397937

.