Did Okun’s law die after the Great Recession?Business Economics - Tập 52 - Trang 216-226 - 2017
Giorgio Canarella, Stephen M. Miller
This paper estimates Okun’s law, focusing on piecewise non-linearity in the form of structural breaks and threshold dynamics, and obtains regime-dependent as well as threshold-dependent changes in the unemployment rate. We employ an autoregressive distributed lag version of Okun’s law in first differences, which allows for delayed reactions of the unemployment rate to output growth. Applied to U.S...... hiện toàn bộ
Is Inequality Growing as American Workers Fall Behind?Business Economics - Tập 43 - Trang 44-54 - 2008
John A Tatom
This article looks at reasons why income inequality could rise and then explores whether, in fact, workers are losing out. It examines whether workers are falling behind relative to the wealthy and whether real wages have been falling or perhaps only manufacturing wages. It also examines whether there is a growing “wealth gap” and why it could be developing. Finally, it examines the hypothesis tha...... hiện toàn bộ
The Drucker indexes and profitability: a first lookBusiness Economics - - Trang 1-8 - 2024
David Ratigan, Peter A. Zaleski
The Drucker Institute has computed metrics regarding customer satisfaction, employee engagement and development, innovation, social responsibility, and financial strength. They currently track 902 firms, and the Wall Street Journal annually publishes the Drucker 250—the top 250 firms based on an overall effectiveness measure. This paper offers the first analysis of whether these indexes can explai...... hiện toàn bộ
Reflections on economic policyBusiness Economics - Tập 55 - Trang 41-44 - 2019
Arthur B. Laffer
My dream of what the tax system should be is a complete flat tax. I think it’s really wrong to have tariffs to protect domestic industries. I think the gains from trade are enormous, but when we use threats of trade barriers in negotiations it’s not protectionist at all. I do think immigration for work has to be separated almost completely from immigration for citizenship. What really irritates me...... hiện toàn bộ
From the EditorBusiness Economics - Tập 46 Số 3 - Trang 131-132 - 2011
Robert Thomas Crow