Human capital, externalities and growth in an overlapping generations model

Gaumont, Damien; Léonard, Daniel

doi:10.1016/j.rie.2010.04.001

Cited by 5 publications

(5 citation statements)

References 20 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…The likelihood of this adoption rises with the proportion of the owned share in ownership structure of the subsidiary company. Thanks to the phenomenon of knowledge spillover (Gaumont & Leonard, 2010;Moravčíková, Lančarič, Ubrežiová, Savov, & Kozáková, 2014;Rani & Joshi, 2012;Senichev, 2013) which accompanies foreign direct investments, the know-how of the subsidiary company is adjusted as well. Since the diversity management concept is better refined and adopted abroad (when compared with the Slovak Republic) we assumed that the attitude of respondents referring to the diversity management concept in business organisations with a higher share of foreign capital in the ownership structure will be more positive.…”

Section: Share Of Foreign Capital In the Ownership Structurementioning

confidence: 99%

Factors influencing the implementation of diversity management in business organisations in a transition economy. The case of Slovakia

Lančarič

Chebeň

Savov

2015

Economic Research-Ekonomska Istraživanja

View full text Add to dashboard Cite

With increasing internationalisation of business, diversity management has emerged as an important issue, even in traditionally non-diversified companies. This research seeks to examine the effect of size, legal form and share of the foreign capital in the ownership structure of the organisation on the implementation of diversity management. An empirical survey was carried out that examined the state of the implementation of diversity management in the Slovak Republic. Using non-parametric statistical methods and post-hoc testing by data analysis, the research survey revealed that the evaluated factors significantly influenced the attitudes of respondents towards the diversity management implementation. The respondents working in large business organisations generally perceive the diversity management concept more positively when compared with respondents working in smaller organisations. The respondents working in business organisations where the share of foreign capital in the ownership structure exceeds 80% are more positively inclined towards the implementation of diversity management. The legal form of the business organisation does not influence the attitudes of the respondents in any significant way. We recommend domestic business organisations and SMEs focus on the diversity issues, especially on supporting the diversified work teams. This can preferably be done by diversity training, using formalised HRM procedures and mentoring initiatives. Diversity management is not solely a domain of subsidiaries and large business organisations. The organisations are able to benefit from diversity management regardless of their size and country of origin.

show abstract

Section: Share Of Foreign Capital In the Ownership Structurementioning

confidence: 99%

Factors influencing the implementation of diversity management in business organisations in a transition economy. The case of Slovakia

Lančarič

Chebeň

Savov

2015

Economic Research-Ekonomska Istraživanja

View full text Add to dashboard Cite

show abstract

“…8 8 For a discussion of the OLG model with endogenous labor supply, see Ordover and Phelps (1975), Park (1991), Nourry (2001), and Michel and Pestieau (2004), where labor supply is endogenous only in the first period; Crettez and Le Maitre (2002) where labor supply is endogenous only in the second period; and Gaumont and Leonard (2003) where labor is supplied endogenously in both periods. …”

mentioning

confidence: 99%

Intergenerational Allocation of Government Expenditures: Externalities and Optimal Taxation

Iqbal¹,

Turnovsky

2008

J Public Economic Theory

View full text Add to dashboard Cite

This paper studies optimal capital and labor income taxes when the benefits of public goods are age-dependent. Provided the government can impose a consumption tax, it can attain the first-best resource allocation. This involves the uniform taxation of the cohorts' labor income and a zero capital income tax. With no consumption tax and optimally chosen government spending, labor income should be taxed nonuniformly across cohorts and the capital income tax should be nonzero. Deviations of the public goods from their respective optima create distortions. These affect the labor supply decisions of both cohorts and capital accumulation, providing a further reason to tax (or subsidize) capital income. Copyright 2008 Blackwell Publishing, Inc..

show abstract

“…These views have the advantage of supplying clear answers to real problems in an abstract world. However, steady state criteria and infinite horizon optimal paths suffer from an implementation problem, namely that policies designed to maximize such criteria may entail losses of utility for several generations, including those alive at the time of planning (See Gaumont& Leonard, [14], for some compelling evidence). We argue that such policies stand little chance of being implemented and therefore we look for a more feasible criterion.…”

Section: At This Stage We Must Emphasize the Following Point In Ordermentioning

confidence: 99%

“…This is a very simplified version of Gaumont and Leonard[14], which addresses the question of knowledge transmission among generations 4. Note that this is a convenient result as it guarantees inter-temporal consistency, were the planner to redo this exercise in the next period and thereafter.Copyright © 2013 SciRes.…”

mentioning

confidence: 99%

What Is the Natural Weight of the Current Old?

Gaumont¹,

Léonard²

2013

TEL

View full text Add to dashboard Cite

We consider a simple overlapping generations model with an externality à la Arrow-Romer [1,2] and a government with fiscal powers. If it wishes to maximize a criterion depending on the lifelong utility of agents, is there a natural weight for the utility of the current old? We show in a simple example that this weight depends on the specific features of the model, in particular the length of the horizon, and cannot be chosen arbitrarily. Our result has a neat economic interpretation [2].

show abstract

Human capital, externalities and growth in an overlapping generations model

Cited by 5 publications

References 20 publications

Factors influencing the implementation of diversity management in business organisations in a transition economy. The case of Slovakia

Factors influencing the implementation of diversity management in business organisations in a transition economy. The case of Slovakia

Intergenerational Allocation of Government Expenditures: Externalities and Optimal Taxation

What Is the Natural Weight of the Current Old?

Contact Info

Product

Resources

About