(Post)Revolutionary Interlinkages: Labour, Environment and Accumulation

Human Capital Accumulation and Labour Market Equilibrium

Human Capital Accumulation and Labour Market Equilibrium We analyse an equilibrium labour market with on-the-job search and experience effects (where workers learn-by-doing). The analysis yields a standard Mincer wage equation with worker fixed effects and endogenously determined firm fixed effects. It shows that learningby-doing increases equilibrium wage dispersion consistent with the data. E...

Interlinkages between Payment and Securities Settlement Systems

Payments systems typically involve a number of interconnected systems. These typically have at the center a large-value payment system (in many cases operated by a central bank) through which banks send funds to each other for various purposes. Some of these purposes include providing liquidity to complete transactions in any number of ancillary systems, such as other large value funds transfer...

Business environment, labour law, and micro- and small enterprises

1. This paper responds to the decision by the Officers of the Committee on Employment and Social Policy (ESP) to include an item for discussion on the agenda of its November 2006 session on the topic of business environment, labour law, and microand small enterprises. The paper sets out to address the dilemma of striking a balance in terms of minimizing the cost of the regulatory burden on micr...

Interlinkages: Multilateral Environmental Agreements and Trade and Investment Regimes

The Kyoto Protocol incorporates the international flexibility mechanisms such as emissions trading, etc., in addition to setting the quantified commitments for Annex I Parties. The Protocol also recognizes the importance of domestic actions, and supports the concept of supplementarity in Articles 6 and 17. The EU proposes to limit the tradeable amounts of emissions to meet this concept. A new i...

Economic Instruments Three Interlinkages Between Ecology and Economics