Walsh, Frank(University of Chicago Press, 1999-04)
The pattern of effort and wages is derived in a multisector efficiency wage model. Firms choose effort endogenously. Easily monitored or low-turnover jobs have high effort and may have low wages in equilibrium. Empirical ...
The one-sector Solow-Ramsey model is the most popular model of long-run economic growth. This paper argues that a two-sector approach, which distinguishes the durable goods sector from the rest of the economy, provides a ...
Barry, Frank(University College Dublin. School of Economics, 1991-01)
This paper appraises and compares the macroeconomic effects of three supply-side policies - namely employment, investment and production subsidies - within the context of a multisectoral two-period model of a small open ...
We analyze a multi-sector growth model with directed technical change where man-made capital and exhaustible resources are essential for production. The relative profitability of factor-specific innovations endogenously ...
We analyze a multi-sector growth model with directed technical change where man-made capital and exhaustible resources are essential for production. The relative profitability of factor-specific innovations endogenously ...
This paper endogenises the extent of intra-sectoral competition in a multi-sectoral model of oligopoly in general equilibrium. Firms choose capacity followed by prices. If the benefits of capacity investment in a given ...
For many good and practical reasons, lumped rainfall-runoff models are widely used to represent a catchment‟s response to rainfall. However, they have some acknowledged limitation, some of which are addressed here using a ...
For over 30 years various micro and macro models have been used for analysing masonry, but no strong consensus within the structural engineering community exists as to usage. Selection remains driven by field scenarios, ...