case study Productivity and employment-Is there a trade-off?
Comparing Western European regions
and American states 1950-2000
Has there been a trade-off of productivity and employment in W. Europe? If so, why?
W. Europe experienced a decline in labor productivity and income growth from 1960s to 1980s, why?
The U.S. has not seen a trade-off. Why?
What affect have stricter labor laws had on productivity and employment?
What could the U.S. do to lower unemployment while maintaining productivity?
What could Western Europe do to lower unemployment while maintaining productivity
case study Are demand elasticities affected by politically determined tax levels?Simultaneous estimates of gasoline demand and price questions
1. Flood asserts in this article "effective policy instruments to deal with climatechange will have their main effect through higher fuel prices."Comment on this assertion. Is this necessarily true? Are there other possiblealternatives to reducing carbon emissions other than higher fuel prices? If so, whatare several alternatives? Is it possible that if the reductions that Flood desires to seewere achieved there could be little or no effect on climate change? What might beconcluded if this were the case?2. Flood cites Hammar, et. al., that higher taxes (prices of gasoline) cause demand(consumption) to decline. What are some factors in the U.S. that might causecitizens to resist increases in gasoline taxes and thus prices?3. See "What is the Price Elasticity of Demand for Gasoline" at About.comEconomics.What accounts for this inelasticity of demand?