Goods-market competition and profit sharing: a multisector macro approach
Article Abstract:
The effect of changes in the degree of goods-market competition on profit sharing was investigated. A basic multisector model that allows for imperfect goods-market competition was developed for this purpose. Empirical results showed that deregulation and increased goods-market competition increase market incentives for profit sharing in a multisector environment. In addition, an increase in the degree of goods-market competition reduces consumer price indexes in labor contracts because labor demand becomes more sensitive to the marginal product of labor.
Publication Name: Journal of Economics and Business
Subject: Economics
ISSN: 0148-6195
Year: 1998
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Assessing monetary policy and deposit deregulation
Article Abstract:
Formulation of an enhanced Reg Q measure helps in the effective evaluation of monetary policy and deposit deregulation in terms of their effects on gross domestic product (GDP) growth. The enhanced Reg Q measure removes omitted variable bias that gives flexible exchange rates a negative perception with regards to its inability to improve monetary policy. In terms of monetary policy, the new Reg Q measure revealed the importance of guidelines on retail deposit rates linked with Reg Q effects when compared to those concerning wholesale deposit rates.
Publication Name: Journal of Economics and Business
Subject: Economics
ISSN: 0148-6195
Year: 1998
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Mutual funds and the evolving long-run effects of stock wealth on U.S. consumption
Article Abstract:
A study is conducted to analyze the effect of mutual fund loads on stock wealth elasticity and stock liquidity in United States.
Publication Name: Journal of Economics and Business
Subject: Economics
ISSN: 0148-6195
Year: 2006
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