Entry Dynamics, Capacity Utilisation and Productivity in a Dynamic Open Economy.

This paper analyses an open economy Ramsey model with an endogenous labour supply without capital. The technology defines an optimal firm size. Changes to the number of firms is subject to adjustment costs, so that the entry dynamics is determined endogenously. We find that there is a short run transitory productivity dynamic introduced when there is imperfect competition due to changes in capacity utilization. We are able to analyze this in different contexts, including demand and technology shocks, both anticipated and unanticipated.Entry; capacity utilisation; adjustment costs; Ramsey.

Entry Dynamics, Capacity Utilisation and Productivity in a Dynamic Open Economy

This paper analyses an open economy Ramsey model with an endogenous labour supply without capital. The technology defines an optimal firm size. Changes to the number of firms is subject to adjustment costs, so that the entry dynamics is determined endogenously. We find that there is a short run transitory productivity dynamic introduced when there is imperfect competition due to changes in capacity utilization. We are able to analyze this in different contexts, including demand and technology shocks, both anticipated and unanticipated.entry, capacity utilisation, adjustment costs, Ramsey

Growth and Welfare Effects of Stabilizing Innovation Cycles

We consider a simple model of innovation where equilibrium cycles may arise and show that, whenever actual capital accumulation falls below its balanced growth path, subsidizing innovators by taxing consumers has stabilizing effects, promotes sustained growth and increases welfare. Further, if the steady state is unstable under laissez faire, the introduction of the subsidy can make the steady state stable. Such a policy has beneficial effects as it fosters output growth along the transitional adjustment path, and increases the welfare of current and future generations.Growth, endogenous cycles, stabilization, innovation, subsidy, welfare.

Endogenous Business Cycles and Stabilization Policies

We analyze the effects of simple stylized economic policy rules, or stabilization principles, when fluctuations in economic activity are created endogenously by self_fulfilling volatile expectations. We study a simple monetary competitive model with intertemporally optimizing agents and a government. We only depart from neoclassical orthodoxy by assuming that a cycle or a sunspot equilibrium, not necessarily a steady state, could be the descriptive dynamic rational expectations equilibrium. The government may then well out of welfare concerns want to conduct systematic stabilization policy through transfers, expenditure, and taxation even though this has distortionary effects. We show that the policy rules that stabilize output in a way that is best for welfare involve countercyclical elements in government activity.Endogenous business cycles; Stabilization policy

Unions and Globalisation

We analyze the effects of international integration of product and capital markets (i.e., globalisation) in a world where countries differ in their labour market institutions: one country has a perfectly competitive labour market while the other is unionized. We show that workers should favour autarky in the unionized country, but oppose it in the non unionized country. Vice versa for owners of capital. Aggregate gains from integration, however, are negative. We also show that, under capital mobility an increase in relative bargaining power of unions does not always improve workers' welfare: there is a critical level of bargaining strength above which an increase in union power reduces workers' income in the unionized country.Capital mobility, Unions, Globalisation

Impelementasi Kebijakan Pemerintah dalam Mengoptimalkan Kinerja Pegawai Negeri Sipil untuk Meningkatkan Kualitas Pelayanan Jaminan Kesehatan Nasional-Badan Penyelenggara Jaminan Sosial Kesehatan

The program of government is ruled by an organization which is pointed out to perform as the first target. But there are not programs of government has not been maximumly ruled by the organization which is pointed. The program of guarantee of national health of the board of social guarantee at The Common Hospital of South Bangka Hospital, Regional Hospital of Pangkalpinang, Bhakti Timah Hospital Pangkalpinang hasn't succeeded maximum. It is caused by the medical workers haven't been suitable, the sum of doctors are not enough, the facilities haven't been enough, a few of socialisations about the programs. It is needed the policy of the government to manage the programs so the service of heath can be touched for all people of South Bangka, Pangkalpinang according to the law of Republic of Indonesia number 24 in the year 2011, the regulation of minister of the heath of Republic of Indonesia number 28 in the year 2014. The policy of government is influenced by four of communication factors, human resource, disposition, and bureaucratic structure, whereas the work of civil government officers to give a service of guarantee of national health, the board of social guarantee at The Common Hospital of South Bangka, The Regional Hospital of Pangkalping, and The Bhakti Timah Hospital hasn't been ability, motivation, and maximum chance. The utility of the writing to see the work of civil government officers in giving a service of national guarantee, the board of social guarantee

Unionized Labor Markets and Globalized Capital Markets

This paper studies the effects of international integration of capital markets in a world where countries differ in their labor market institutions: one country has a perfectly competitive labor market while the other is unionized. We show that workers should favor autarky in the unionized country, but oppose it in the non unionized country and vice versa for owners of capital. Aggregate gains from integration, however, are negative. We also show that, under capital mobility, an increase in relative bargaining power of unions does not always improve workers’ welfare.Capital mobility, Globalization, Unions, Welfare.

Menyikapi Rahasia di Balik Rasio dan Rasa pada Manusia

The sciense of human will not able to solve all of things, according to the words of Allah: “And we are not given a science except a little”, (Q.S 17/ Al-Isra': 85). Instinct of human must get a direction of Allah who is explained at his book. Unless the instinct will be wrong in its channel. The position of instinct and intelligence at Islam ethics, both are necessary to be used and dropped well by counselling and directing which are settled in Al-Qur'an and the guide of propnet Muhammad SAW. Philosophy of Islam also bases on or follows the healthy intelligence to interpret all of problems of divinity, human and nature, because of necessity of thing is intelligence. It is either a subject or object of thinking. From it exits an active intelligence, because it is the first which is created by Allah. By intelligence we analyze and prove about truthm, to expose the scientific realities, about filling, idealism, ethics, law, aesthetics, extra sensory perception, and purity of heart. Intelligence is a door of science. There are not all of sciences are revealed but there are obliged to be deductive by intelligence through experiment. Allah also gives Islam Religion which is an association of power of God which is given to human (command and prohibition). Islam Religion is a mercy to manage intelligence, feeling, heart and emotion of human. We are obliged to believe, to study so that we know which is comman ded and prohibited, to do and to broadcast the Islam Religion well and truly according  to his instruction (Muslim Law)

National Labor Markets, International Factor Mobility and Macroeconomic Instability

We consider a standard two—country environment, where one of the countries has rigid wages and unemployment, and analyze how factor markets’ integration affects the economy with respect to expectationsdriven fluctuations. We demonstrate that by allowing free capital mobility, indeterminacy is exported to the world economy. If further liberalization is permitted, by allowing free movements of labor, the scope for indeterminacy is reduced and open labor markets may produce a stabilizing effect on the global macroeconomy. Whether this also implies higher welfare in the long run depends on differentials in average firm size across countries.Indeterminacy, Factor Movements, Globalization, Efficiency Wages

Entry Dynamics, Capacity Utilisation and Productivity in a Dynamic Open Economy

This paper analyses an open economy Ramsey model with an endogenous labour supply without capital. The technology defines an optimal firm size. Changes to the number of firms is subject to adjustment costs, so that the entry dynamics is determined endogenously. We find that there is a short run transitory productivity dynamic introduced when there is imperfect competition due to changes in capacity utilization. We are able to analyze this in different contexts, including demand and technology shocks, both anticipated and unanticipated