Public Input Provision in Asymmetric Regions with Labor Market Imperfections

2018 ◽  
Vol 19 (4) ◽  
pp. 466-492
Author(s):  
Holger Gillet ◽  
Johannes Pauser
Keyword(s):  
Labor Market ◽  
Capital Market ◽  
Functional Form ◽  
Market Imperfections ◽  
Public Input ◽  
Tax Subsidy ◽  
Pecuniary Externalities ◽  
Public Inputs ◽  
The Common ◽  
The Interest Rate

Abstract This paper examines efficiency in public input provision in two large regions with labor market imperfections. Because employment and pecuniary externalities are associated with public input provision, the provision level exceeds the optimal amount under the presence of wage rigidities in the capital-exporting jurisdiction if only head taxes are used to finance government expenditures. Efficiency in public input provision will remain ambiguous in the capital-importing jurisdiction unless a specific functional form is assumed for the production technology. The constrained efficient provision with public inputs can be restored with an additional tax (subsidy) on capital that is used to strategically influence the interest rate on the common capital market and to increase employment by attracting foreign capital.

El patriacado y la estructura social de la vida cotidiana

1970 ◽  
Author(s):  
Marta Postigo Asenjo
Keyword(s):  
Labor Market ◽  
Public Sphere ◽  
Civic Education ◽  
Common Knowledge ◽  
Judicial System ◽  
The Public ◽  
El Sistema ◽  
The Common ◽  
The Public Sphere ◽  
Ways Of Life

RESUMENEl sistema patriarcal no afecta exclusivamente al poder político y judicial, sino que afecta a la estructura interna de la sociedad, la identidad y las formas de vida de los individuos que en ella viven. Para comprender mejor como condiciona el sistema patriarcal las formas de vida y la visión que tienen los individuos de la realidad social, hemos de analizar el modo en que se extiende al orden institucional y lo determina mediante "tipificaciones" de hechos y de personas y mediante roles concretos, esteoreotipaciones sexiuales que obstaculizan el acceso a la esfera pública de la mujer, así como su reinserción en el mercado laboral, en suma, todo aquello que afecta al conocimiento común que comparten los miembros de una comunidad. El cambio hacia una mayor igualdad y una real democracia paritaria y compartida no es posible sin una paulatina educación y concienciación de la sociedad en su conjunto.PALABRAS CLAVEPATRIARCADO-TIPIFICACIÓN SOCIAL-IGUALDAD DE GÉNEROABSTRACTPatriarchalism is not only present in politics and the judicial system. It also affects the internal structure of society, above all the life and identitý of individuals. To understand better how it conditions their ways of life and the vision the individuals have of social reality, we should study how patriarchalism r3eaches the system of institutions and how this becomes determined by "typifications" of facts and people, and by certain roles or sexual stereotypes that hinder the access of women both to the public sphere and to tha labor market. It sum, everything that concerns the common knowledge that the members of a community share. The move towards more equality and towards a more egalitarian democracy heavily depends on the spread of civic education to the entire society.KEYWORDSPATRIARCHALISM-SOCIAL TYPIFICATION-GENDER EQUALITY

scholarly journals Policy Implications of the Common Ownership Debate

2021 ◽  
Vol 66 (1) ◽  
pp. 140-149
Author(s):  
Eric A. Posner
Keyword(s):  
Corporate Governance ◽  
Market Structure ◽  
Capital Market ◽  
Policy Implications ◽  
Antitrust Enforcement ◽  
Policy Responses ◽  
Common Ownership ◽  
The Common

Empirical findings that common ownership is associated with anticompetitive outcomes including higher prices raise questions about possible policy responses. This comment evaluates the major proposals, including antitrust enforcement against common owners, regulation of corporate governance, regulation of compensation of management of portfolio firms, regulation of capital market structure, and greater antitrust enforcement against portfolio firms.

scholarly journals Market Imperfections and Income Distribution

2016 ◽  
Vol 16 (2) ◽  
pp. 1147-1167
Author(s):  
Ensar Yılmaz
Keyword(s):  
Labor Market ◽  
Income Inequality ◽  
Income Distribution ◽  
Labor Markets ◽  
Wage Rate ◽  
Consumption Patterns ◽  
Market Imperfections ◽  
Luxury Goods ◽  
Sector Model ◽  
Two Sectors

Abstract This paper aims to search links between market imperfections and functional income distribution. For this purpose we construct a two-sector model – wage goods and luxury goods producing sectors – incorporating imperfections of the product and labor markets under income inequality. In a structure with interdependent and partially monopolistic and competitive markets, we analytically trace up the effects of the changes in power relations proxied by the degree of mark-ups in the product and labor market. The model shows that price and wage mark-ups in two sectors have crucial income distribution implications for the agents in the economy to varying extents. It also demonstrates the effect of the existence of the differentiated consumption patterns arising from income inequality on income distribution. Furthermore, it seems that unemployment level creates externalities on wage rate and on corporate taxes of firms.

scholarly journals Are different M = a + bI0 relationships due to a statistical bias?

1998 ◽  
Vol 41 (1) ◽  
Author(s):  
M. Mucciarelli
Keyword(s):  
Functional Form ◽  
Macroseismic Intensity ◽  
Data Sampling ◽  
Statistical Bias ◽  
The Common

Relationships between magnitude and macroseismic intensity are widely used, even though intensity is a non-metric observable. Several proposed relationships for the Italian and surrounding regions show a significant correlation of the parameters of the widely used functional form M = a + bI0 This could suggest either the common dependence on a third variable or that the different proposed relationships are due to a pivotal phenomenon around average values, mainly driven by data sampling and uncertainties. Synthetic simulations lend support to the last hypothesis.

MARKET IMPERFECTIONS, CAPITAL MARKET EQUILIBRIUM AND CORPORATION FINANCE

1977 ◽  
Vol 32 (2) ◽  
pp. 307-319 ◽  
Author(s):  
Michael Brennan ◽  
R. C. Stapleton ◽  
M. G. Subrahmanyam
Keyword(s):  
Capital Market ◽  
Market Equilibrium ◽  
Market Imperfections
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