Unemployment is at a low and stable level in Denmark. This achievement is often attributed to the so-called flexicurity model combining flexible hiring and firing rules for employers with income security for employees. Whatever virtues this model may have, a low and stable unemployment rate is not automatically among them since the basic flexicurity properties were also in place during the 1970...

Over all these years, Voith Hydro has continuously set new performance and size records, and continuously educated its staff around the world to create the best-in-class designs through engineering and manufacturing expertise. The result is a second-to-none reputation for excellence in engineering standards and products as well as reliability, trust and commitment in long-lasting partnering rel...

1. See cases cited 17 CORPUS JURIS., p. 767 ff. The theory is frequently denoted as the " mitigation of damage" rule. Volunteer Insurance Co. v. Weaver, 167 So. 268 (Ala., 1936) ; Assurance Society v. Merlock, 253 Ky. 596, 69 S.W. 12 (1934); Culver v. Insurance Co. (unreported decision, Circuit Court, County of Genessee, Mich., 1932) ; Jones v. Insurance Co., 175 S.E. 425 (S.C., 1934) ; British...

In his classic work on the economics of fertility, Becker (1960) suggests that children are likely “normal.” We examine this contention. Our first step is documenting an empirical regularity about the cross section of non-Hispanic white married couples in the U.S.: When we restrict comparisons to similarly-educated women living in similarly-expensive locations, completed fertility is positively...

A primary way that natural resources affect a locality is through the demand for labor, with greater extraction requiring more workers. Shifts in labor demand can be measured through changes in employment and earnings, the main labor market outcomes, or through changes in the population and income, more generally. These changes may spillover into the non-resource economy, leading to greater ove...

Institutionalization processes have an ambivalent effect on organizational long-term success. Even though they foster organizational stability and permanence, they also bring about rigidity and resistance to change. As a result, successful organizations are likely to lose their competitive advantage over time. The paper addresses this issue through the investigation of the institutionalization ...

John Forbes Nash Jr. was born in Bluefield, West Virginia, on June 13, 1928 and was named after his father, who was an electrical engineer. His mother, Margaret Virginia (née Martin), was a school teacher before her marriage, teaching English and sometimes Latin. After attending the standard schools in Bluefield, Nash entered the Carnegie Institute of Technology in Pittsburgh (now Carnegie Mell...

Stationery Demand is a national distributor of customized paper goods and office supplies located in Blawnox, Pennsylvania. The company was founded in 1963 by John Karthan, a former Westinghouse engineer who left the nuclear business to satisfy his entrepreneurial fervor. From the company’s earliest days John emphasized personal interaction with his customers, often making evening sales calls h...

Other Forms of Employment: Temporary Employment Agencies and Self-Employment In most industrialized countries the majority of employed people are full-time employees with a non-temporary job and work at a workplace of the company in which they are employed. They are making careers at the employer they are employed by and most work-place changes are to other jobs of the same type. But it does no...