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  1. A matching model of endogenous growth and underground firms
    Erschienen: [2012]
    Verlag:  EERI, Economics and Econometrics Research Institute, Brussels, Belgium

    A matching model will explain both unemployment and economic growth by considering the underground sector and human capital. Three problems can thus be simultaneously accounted for: (i) the persistence of the underground sector, (ii) the ambiguous... mehr

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    A matching model will explain both unemployment and economic growth by considering the underground sector and human capital. Three problems can thus be simultaneously accounted for: (i) the persistence of the underground sector, (ii) the ambiguous relationships between underground employment and unemployment, and (iii) between growth and unemployment. Key assumptions are that entrepreneurial ability is heterogeneous, skill accumulation determines productivity growth, job-seekers choose whether to invest in education. The conclusions are that the least able entrepreneurs, whose number is endogenous, set up underground firms, employ unskilled labour, and do not contribute to growth. If the monitoring rate is sufficiently low, underground employment alleviates unemployment, but the economy grows at lower rates.

     

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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/142632
    Schriftenreihe: EERI research paper series ; no 2012/3
    Umfang: 1 Online-Ressource (circa 31 Seiten), Illustrationen
  2. Search frictions, housing prices and growth
    Autor*in: Lisi, Gaetano
    Erschienen: [2019]
    Verlag:  Instituto Valenciano de Investigaciones Económicas, S.A., Valencia (Spain)

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    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    doi: 10.12842
    Auflage/Ausgabe: Version: July 2019
    Schriftenreihe: Array ; WP-AD 2019, 02
    Umfang: 1 Online-Ressource (circa 20 Seiten), Illustrationen
  3. Homeownership and entrepreneurship
    Autor*in: Lisi, Gaetano
    Erschienen: [2017]
    Verlag:  Instituto Valenciano de Investigaciones Económicas, S.A., Valencia (Spain)

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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
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    Auflage/Ausgabe: Version: February 2017
    Schriftenreihe: Array ; WP-AD 2017, 01
    Schlagworte: entrepreneurship; homeownership; job creation; new firms; small businesses
    Umfang: 1 Online-Ressource (circa 17 Seiten)
  4. Home-seekers in the housing market
    Autor*in: Lisi, Gaetano
    Erschienen: 2013
    Verlag:  IVIE, Valencia

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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: WP-AD ; 2013,4
    Schlagworte: Wohnungsmarkt; Immobilienmarkt; Wohneigentum; Immobilienwirtschaft; Immobilienpreis; Matching
    Umfang: Online-Ressource (15 S.), graph. Darst.
  5. Mortgage market, housing tenure choice and unemployment
    Autor*in: Lisi, Gaetano
    Erschienen: [2015]
    Verlag:  Instituto Valenciano de Investigaciones Económicas, S.A., Valencia (Spain)

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    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Auflage/Ausgabe: Version: April 2015
    Schriftenreihe: Array ; WP-AD 2015-05
    Schlagworte: Hypothek; Wohneigentum; Arbeitslosigkeit
    Umfang: 1 Online-Ressource (circa 26 Seiten), Illustrationen
  6. Macroeconomic implications of the dynamics between power and trust
    a theoretical formalisation of the 'slippery slope' framework
    Autor*in: Lisi, Gaetano
    Erschienen: [2012]
    Verlag:  EERI, Economics and Econometrics Research Institute, Brussels, Belgium

    This paper aims to provide a thorough theoretical formalisation of the ‘slippery slope’ framework in order to highlight the effects and the macroeconomic implications of the dynamics between power and trust. In particular, the proposed model is able... mehr

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 545 (2012,21)
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    This paper aims to provide a thorough theoretical formalisation of the ‘slippery slope’ framework in order to highlight the effects and the macroeconomic implications of the dynamics between power and trust. In particular, the proposed model is able to differentiate between coercive and legitimate power, thus elucidating the dynamics between power and trust and its influence on tax climate and tax compliance. Also, by introducing trust in tax authorities as a determinant of tax compliance, the decision to under-report income is no longer based on expected profits maximisation and thus the tax compliance problem can not be explained by a pure economic approach. The main results of the model are the following: (i) trust-building actions are better than deterring measures for overall tax compliance, since they establish a cooperative tax climate and lead to a legitimate power, while too much power corrodes trust; (ii) in a society where trust is maximised and tax authority benefits from a legitimate power, both employment and economic growth are higher since tax evasion and shadow economy are lower and the level of taxation can be reduced.

     

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    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/142650
    Schriftenreihe: EERI research paper series ; no 2012/21
    Umfang: 1 Online-Ressource (circa 20 Seiten), Illustrationen
  7. Matching models and housing markets
    the role of the zero-profit condition
    Autor*in: Lisi, Gaetano
    Erschienen: [2012]
    Verlag:  EERI, Economics and Econometrics Research Institute, Brussels, Belgium

    The recent and growing literature which has extended the use of search and matching models even to the housing market does not use the free entry or zero-profit assumption as a key condition for solving the equilibrium of the model. This is because a... mehr

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 545 (2012,22)
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    The recent and growing literature which has extended the use of search and matching models even to the housing market does not use the free entry or zero-profit assumption as a key condition for solving the equilibrium of the model. This is because a straightforward adaptation of the basic matching model to the housing market seems impossible. However, this paper shows that the zero-profit condition can be easily reformulated to take the distinctive features of the housing market into account. Indeed, it helps to provide a theoretical explanation for well-known empirical regularities in the housing markets.

     

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    Sprache: Englisch
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    Format: Online
    Weitere Identifier:
    hdl: 10419/142651
    Schriftenreihe: EERI research paper series ; no 2012/22
    Umfang: 1 Online-Ressource (circa 10 Seiten)
  8. Can the Mortensen-Pissarides model match the housing market facts?
    Autor*in: Lisi, Gaetano
    Erschienen: [2012]
    Verlag:  EERI, Economics and Econometrics Research Institute, Brussels, Belgium

    This paper examines whether the Mortensen-Pissarides matching model can account for the housing markets facts, most of all the empirical anomaly known as ‘price dispersion’. Our main finding is that the model can account for the three basic facts of... mehr

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 545 (2012,1)
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    This paper examines whether the Mortensen-Pissarides matching model can account for the housing markets facts, most of all the empirical anomaly known as ‘price dispersion’. Our main finding is that the model can account for the three basic facts of housing market, without any restrictive assumption and in a very simple framework.

     

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    Weitere Identifier:
    hdl: 10419/142630
    Schriftenreihe: EERI research paper series ; no 2012/1
    Umfang: 1 Online-Ressource (circa 13 Seiten), Illustrationen