Behavior toward uncertain future inflation gives rise
to large diffuse externalities which result in market
failure and require introduction of legal restraints --
mandatory wage—price controls. Models of wage-profit
conflict and consumer vs. consumer rivalry are set out
in which…

The paper studies the microeconomic theory of inflation taxes and
marginal employment subsidies. It proves that under very weak assump-
tions (i) an inflation tax will reduce the 1ong—run equilibrium wage or
price and (ii) that a marginal employment subsidy…

Models of the labor supply behavior of single persons predict that a negative income tax (NIT) will always reduce the labor supply and
earnings of such persons. I consider three models of family labor supply; and find that in all…

I examine the extent to which workers who lose jobs find work in alterna-
tive employment arrangements such as temporary work, part-time work, and independent
contracting rather than as conventional full-time “regular” employees. The analysis is
based on data from…

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The study evaluated the Pre-NCE programme within 2000-2004. Tyler’s goal-oriented approach with Scriven’s goal-free model was adopted. A total of 996 respondents from different cohorts of stakeholders participated in the study; six validated research instruments were used. The data gathered…

The new challenges for engineering education go more than the need to keep students abreast of cutting edge technology and calls for a better equilibrium in the various areas of engineering. There is considerable concern that upholding of the old…