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作者：Malinvaud, E
作者单位：Institut Polytechnique de Paris; ENSAE Paris
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作者：Dooley, MP
作者单位：University of California System; University of California Santa Cruz
摘要：This paper presents a perfect foresight model of speculative attacks on emerging markets. Credit constrained governments are assumed to have two objectives: to accumulate liquid assets in order to self-insure against shocks to national consumption and to insure poorly regulated domestic financial markets. This policy regime generates endogenous fiscal deficits defined to include the growth of contingent liabilities. The model sets our a sequence of yield differentials consistent with capital i...
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作者：Weeks, J
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作者：Lazear, EP
作者单位：Stanford University
摘要：Personnel economics has grown over the past 20 years to become a major branch of labour economics. Although much has been learned, many important questions remain. For example, are worker wage profiles dependent on individual attributes or is the firm more important in determining wage growth? Why are executives so highly paid and why does pay take the form that it does! How can cross-country differences in pay patterns be explained? Does variable pay provide better incentives than fixed hourl...
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作者：Mihályi, P
作者单位：Central European University
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作者：Laskar, D
作者单位：Centre National de la Recherche Scientifique (CNRS)
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作者：Klette, TJ; Griliches, Z
作者单位：University of Oslo; Harvard University; National Bureau of Economic Research
摘要：We present a partial equilibrium model of endogenous firm growth with R&D investment and stochastic innovation as the engines of growth, drawing on the quality ladder models in the macro growth literature, and the literature on patent races and the discrete choice models of product differentiation. The model fits a number of empirical patterns well, including: (i) a skewed size distribution of firms with persistent differences in firm sizes, (ii) firm growth independent of firm size, as stared...
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作者：Laskar, D
作者单位：Centre National de la Recherche Scientifique (CNRS)
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作者：Thoburn, J
作者单位：University of East Anglia; Nagoya University
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作者：Olesen, F
作者单位：University of Southern Denmark
