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STUDY YOUR DREAM. FH JOANNEUM, Campus Bad Gleichenberg
STUDY YOUR DREAM. FH JOANNEUM, Campus Bad Gleichenberg International Programme Winter Semester 2021/2022 Health Management in Tourism, Bachelor (GMT) Health, Tourism & Sport Management, Master (GTS) Dietetics and Nutrition Occupational Therapy (DIO) (ERG) INTERNATIONAL PROGRAMME 2 BG town - Small is Beautiful. Marion Luttenberger INTERNATIONAL PROGRAMME 3 Studying in the picturesque landscape of Eastern Styria What makes studying in Bad Gleichenberg so special? Bad Gleichenberg has a long tradition as a spa resort and training centre for the tourism and hotel industry which makes it an ideal location for the FH JOANNEUM’s degree programmes in tourism and health sciences. The special strengths of the region lie in tourism, wellness, health and eco-technology. Nature is the key to the region’s attractiveness. During spring and early summer, you will be surrounded by an amazingly green and lovely landscape and in autumn the grape harvest and fall colours attract many to the area. Even in winter the area has its own special charm. Forests, hills and mountains are just around the corner whenever one feels like a little hiking trip or just relaxing in a health-promoting natural environment. The leisure opportunities in Bad Gleichenberg range from nature experiences in the picturesque rolling landscape of eastern Styria to a wide variety of sporting activities. For relaxing, a wide range of possibilities is also available. The FH campus is nestled in these green surroundings, directly across from one of the largest spa parks in Europe, and its modern infrastructure offers students an ideal environment for practical and career-focused training. The classrooms are bright and equipped with the latest technological standards. -
The Declining Worker Power Hypothesis
The Declining Worker Power Hypothesis: An explanation for the recent evolution of the American economy Anna Stansbury and Lawrence H. Summers Harvard University May 2020 Abstract: Rising profitability and market valuations of US businesses, sluggish wage growth and a declining labor share of income, and reduced unemployment and inflation, have defined the macroeconomic environment of the last generation. This paper offers a unified explanation for these phenomena based on reduced worker power. Using individual, industry, and state-level data, we demonstrate that measures of reduced worker power are associated with lower wage levels, higher profit shares, and reductions in measures of the NAIRU. We argue that the declining worker power hypothesis is more compelling as an explanation for observed changes than increases in firms’ market power, both because it can simultaneously explain a falling labor share and a reduced NAIRU, and because it is more directly supported by the data. Acknowledgements: We thank the editors Jan Eberly and Jim Stock, and discussants Steven Davis and Christina Patterson for their comments. For helpful discussions and/or comments we thank Pawel Bukowski, Gabriel Chodorow- Reich, Richard Freeman, Kathryn Holston, Larry Katz, Pat Kline, Larry Mishel, Peter Norlander, Valerie Ramey, Jake Rosenfeld, Bob Solow, and the participants of the Spring 2020 Brookings Papers on Economic Activity conference and the Spring 2020 Harvard macroeconomics workshop. We are very grateful to Germán Gutiérrez and Thomas Philippon, David Baqaee and Emmanuel Farhi, Nicholas Bloom and David Price, Matthias Kehrig, Christina Patterson, and Maria Voronina for providing us with data. Since the early 1980s in the U.S., the share of income going to labor has fallen, measures of corporate valuations like Tobin's Q have risen, average profitability has risen even as interest rates have declined, and measured markups have risen. -
Economic Perspectives
The Journal of The Journal of Economic Perspectives Economic Perspectives The Journal of Fall 2016, Volume 30, Number 4 Economic Perspectives Symposia Immigration and Labor Markets Giovanni Peri, “Immigrants, Productivity, and Labor Markets” Christian Dustmann, Uta Schönberg, and Jan Stuhler, “The Impact of Immigration: Why Do Studies Reach Such Different Results?” Gordon Hanson and Craig McIntosh, “Is the Mediterranean the New Rio Grande? US and EU Immigration Pressures in the Long Run” Sari Pekkala Kerr, William Kerr, Çag˘lar Özden, and Christopher Parsons, “Global Talent Flows” A journal of the American Economic Association What is Happening in Game Theory? Larry Samuelson, “Game Theory in Economics and Beyond” Vincent P. Crawford, “New Directions for Modelling Strategic Behavior: 30, Number 4 Fall 2016 Volume Game-Theoretic Models of Communication, Coordination, and Cooperation in Economic Relationships” Drew Fudenberg and David K. Levine, “Whither Game Theory? Towards a Theory of Learning in Games” Articles Dave Donaldson and Adam Storeygard, “The View from Above: Applications of Satellite Data in Economics” Robert M. Townsend, “Village and Larger Economies: The Theory and Measurement of the Townsend Thai Project” Amanda Bayer and Cecilia Elena Rouse, “Diversity in the Economics Profession: A New Attack on an Old Problem” Recommendations for Further Reading Fall 2016 The American Economic Association The Journal of Correspondence relating to advertising, busi- Founded in 1885 ness matters, permission to quote, or change Economic Perspectives of address should be sent to the AEA business EXECUTIVE COMMITTEE office: [email protected]. Street ad- dress: American Economic Association, 2014 Elected Officers and Members A journal of the American Economic Association Broadway, Suite 305, Nashville, TN 37203. -
NBER WORKING PAPER SERIES COMPETITION and INNOVATION: an INVERTED U RELATIONSHIP Philippe Aghion Nicholas Bloom Richard Blundell
NBER WORKING PAPER SERIES COMPETITION AND INNOVATION: AN INVERTED U RELATIONSHIP Philippe Aghion Nicholas Bloom Richard Blundell Rachel Griffith Peter Howitt Working Paper 9269 http://www.nber.org/papers/w9269 NATIONAL BUREAU OF ECONOMIC RESEARCH 1050 Massachusetts Avenue Cambridge, MA 02138 October 2002 The authors would like to thank Daron Acemoglu, Tim Bresnahan, Wendy Carlin, Paul David, Janice Eberly, Dennis Ranque, Robert Solow, Manuel Trajtenberg, Alwyn Young, John Van Reenen and participants at CIAR, Harvard and MIT. Financial support for this project was provided by the ESRC Centre for the Microeconomic Analysis of Fiscal Policy at the IFS. The data was developed with funding from the Leverhulme Trust. The views expressed herein are those of the authors and not necessarily those of the National Bureau of Economic Research. © 2002 by Philippe Aghion, Nicholas Bloom, Richard Blundell, Rachel Griffith, and Peter Howitt. All rights reserved. Short sections of text, not to exceed two paragraphs, may be quoted without explicit permission provided that full credit, including © notice, is given to the source. Competition and Innovation: An Inverted U Relationship Philippe Aghion, Nicholas Bloom, Richard Blundell, Rachel Griffith, and Peter Howitt NBER Working Paper No. 9269 October 2002 JEL No. O0, L1 ABSTRACT This paper investigates the relationship between product market competition (PMC) and innovation. A growth model is developed in which competition may increase the incremental profit from innovating; on the other hand, competition may also reduce innovation incentives for laggards. There are four key predictions. First, the relationship between product market competition (PMC) and innovation is an inverted U-shape. Second, the equilibrium degree of technological ‘neck-and- neckness’ among firms should decrease with PMC. -
Revolving Doors Special by Richard Brooks and Solomon Hughes
REVOLVING00 DOORS SPECIAL REPORT 1 PUBLIC SERVANTS, PRIVATE PAYDAYS How ministers and mandarins make life after government pay – a Revolving Doors Special by Richard Brooks and Solomon Hughes Post-Brexit, it’s all change at the top. A bunch of ministers are out of a job and advisers and top officials might find it’s time to move on, too. But fret not. A well-trodden path from the public to private sector ensures ministers and mandarins looking to profit from their time in government are all but guaranteed a job in business, usually in an area over which they have exerted great influence. Today’s public servants have joined an undeclared public-private partnership with their future employers if, that is, they serve their future paymasters well. This is the story of Britain’s well-oiled Revolving Door, and the price we all pay for it… ETIREMENT jobs for those at the top of Rpublic life aren’t all new. Whitehall’s Sir Humphreys have long walked into Great British boardrooms soon after picking up their retirement carriage clocks. The corporate heavyweights had to be kept plugged into the establishment, after all. But for the politicians who, constitutionally at least, made the decisions affecting public life, taking the business shilling after a life in office was seen as below the salt. A life in government meant a This trend became a central feature in the that he was “a pretty straight kinda guy”. life in public service, and it wasn’t to be sullied atmosphere of sleaze surrounding the It was a while before serious political sleaze by cashing in at the end of it. -
Loom, Icholas, Paul Romer, Tephen Terr
"A Trapped Factors odel of nnovation hort ersion." loom, icholas, Paul Romer, tephen Terry, and ohn an Reenen. American Economic Review Papers and Proceeding ol. 103, o. 3 2013 208213. Copyright & Permissions Copyright © 1998, 1999, 2000, 2001, 2002, 2003, 2004, 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016 by the American Economic Association. Permission to make digital or hard copies of part or all of American Economic Association publications for personal or classroom use is granted without fee provided that copies are not distributed for profit or direct commercial advantage and that copies show this notice on the first page or initial screen of a display along with the full citation, including the name of the author. Copyrights for components of this work owned by others than AEA must be honored. Abstracting with credit is permitted. The author has the right to republish, post on servers, redistribute to lists and use any component of this work in other works. For others to do so requires prior specific permission and/or a fee. Permissions may be requested from the American Economic Association Administrative Office by going to the Contact Us form and choosing "Copyright/Permissions Request" from the menu. Copyright © 2016 AEA ISSN 2042-2695 CEP Discussion Paper No 1189 February 2013 A Trapped Factors Model of Innovation Nicholas Bloom, Paul Romer, Stephen Terry and John Van Reenen Abstract When will reducing trade barriers against a low wage country cause innovation to increase in high wage regions like the US or EU? We develop a model where factors of production have costs of adjustment and so are partially “trapped” in producing old goods. -
The Path to the Next Normal
The path to the next normal Leading with resolve through the coronavirus pandemic May 2020 Cover image: © Cultura RF/Getty Images Copyright © 2020 McKinsey & Company. All rights reserved. This publication is not intended to be used as the basis for trading in the shares of any company or for undertaking any other complex or significant financial transaction without consulting appropriate professional advisers. No part of this publication may be copied or redistributed in any form without the prior written consent of McKinsey & Company. The path to the next normal Leading with resolve through the coronavirus pandemic May 2020 Introduction On March 11, 2020, the World Health Organization formally declared COVID-19 a pandemic, underscoring the precipitous global uncertainty that had plunged lives and livelihoods into a still-unfolding crisis. Just two months later, daily reports of outbreaks—and of waxing and waning infection and mortality rates— continue to heighten anxiety, stir grief, and cast into question the contours of our collective social and economic future. Never in modern history have countries had to ask citizens around the world to stay home, curb travel, and maintain physical distance to preserve the health of families, colleagues, neighbors, and friends. And never have we seen job loss spike so fast, nor the threat of economic distress loom so large. In this unprecedented reality, we are also witnessing the beginnings of a dramatic restructuring of the social and economic order—the emergence of a new era that we view as the “next normal.” Dialogue and debate have only just begun on the shape this next normal will take. -
AUTHOR Schwartz, Henrietta; and Others TITLE School As a Workplace: the Realities of Stress
DOCUMENT RESUME ED 239 009 UD 023 337 AUTHOR Schwartz, Henrietta; And Others TITLE School as a Workplace: The Realities of Stress. Volume I, Executive Summary; Volume II, School Site Case Studies and the Role of the Principal; Volume III, Methodology and Instrumentation. INSTITUTION American Federation of Teachers, Washington,D.C.; Roosevelt Univ., Chicago, Ill. Coll. of Education. SPONS AGENCY National Inst. of Education (ED), Washington,DC. PUB DATE [83] GRANT G-80-0011 NOTE 243p. PUB TYPE Reports - Research/Technical (143) EDRS PRICE MF01/PC10 Plus Postage. DESCRIPTORS Administrator Role; Case Studies; *Educational Environment; Elementary Secondary Education; *Principals; *Stress Variables; *TeacherBurnout; Teacher Morale; *Teaching Conditions; Urban Schools ABSTRACT This three volume study presents the resultsof research which examined working conditions and theirpossible relationship to stress among faculty in six schools (twoelementary, two middle, and two high schools) in two major U.S. cities. Information about the schools was obtained throughethnographic case studies. Data were synthesized to describeeach school and to identify potential stressors, with emphasison the identification and description of stressors,related to thecontext or culture of the school and the system, the work environment. These datawere then analyzed within a psychological anthropologyframework. Specifically, drawing from previous studies, itwas postulated that once basic human needs are met, individuals (in thiscase school personnel) seek security, status, -
English/Conventions/1 1 1969.Pdf
Women, Business and the Law Removing barriers to economic inclusion 2012 Measuring gender parity in 141 economies © 2011 The International Bank for Reconstruction and Development/The World Bank 1818 H Street NW Washington, DC 20433 Telephone 202-473-1000 Internet www.worldbank.org All rights reserved. A copublication of The World Bank and the International Finance Corporation. This volume is a product of the staff of the World Bank Group. The findings, interpretations and conclusions expressed in this volume do not necessarily reflect the views of the Executive Directors of the World Bank or the governments they represent. The World Bank does not guarantee the accuracy of the data included in this work. This publication was made possible with the funding from the Nordic Trust Fund for Human Rights. The opinions expressed herein are those of the authors and do not necessarily reflect the views of any of the Nordic Trust Fund for Human Rights’ donors. Rights and Permissions The material in this publication is copyrighted. Copying and/or transmitting portions or all of this work without permission may be a violation of applicable law. The World Bank encourages dissemination of its work and will normally grant permission to reproduce portions of the work promptly. For permission to photocopy or reprint any part of this work, please send a request with complete information to the Copyright Clearance Center, Inc., 222 Rosewood Drive, Danvers, MA 01923, USA; telephone 978-750-8400; fax 978-750-4470; Internet www.copyright.com All other queries on rights and licenses, including subsidiary rights, should be addressed to the Office of the Publisher, The World Bank, 1818 H Street NW, Washington, DC 20433, USA; fax 202-522-2422; e-mail [email protected] Women, Business and the Law Removing barriers to economic inclusion 2012 Measuring gender parity in 141 economies Table of Contents Foreword .................................................................................................. -
Asia Floods: How Can the Damage Be Reduced? - BBC News
8/17/2019 Asia floods: How can the damage be reduced? - BBC News Home News Sport Reel Worklife Travel Future M AD Newsbeat Asia floods: How can the damage be reduced? 15 August 2019 GETTY IMAGES There's been a lot of destruction caused by floods across Asia. Countries such as India, Bangladesh, Pakistan, Nepal and Vietnam have seen hundreds of homes destroyed and lives lost. Every year, widespread flooding and landslides happen a lot between the months of July and September - also known as the monsoon season. So how can this widespread damage be reduced? https://www.bbc.com/news/newsbeat-49346312 1/16 8/17/2019 Asia floods: How can the damage be reduced? - BBC News Dr Tobias Börger is an environmental economist at the University of Stirling researching flood infrastructure in Vietnam and he explains what could potentially help. Grey infrastructure Dr Börger tells Radio 1 Newsbeat governments use structures such as dams and dykes to control the amount of water that flows around. "There's also stuff that's built higher up and sewage systems so rain and water can drain more quickly." They are known as grey infrastructure "because they are grey". "These are quite effective as they reduce the flood risk impact," he adds. But these "engineered solutions" are quite "expensive to maintain" which means unless there is constant investment they won't be as effective as they should be in stopping floods. GETTY IMAGES Blue and Green solutions However, there are also more natural, non-concrete options, according to Dr Börger. These are called blue and green infrastructure which focus on building vegetative river banks and wetlands - a system of plants and water - and more green areas "to reduce flood risk and potential flood impact" - because it means rainwater can enter the ground more easily. -
Does Management Matter? Evidence from India*
DOES MANAGEMENT MATTER? EVIDENCE FROM INDIA* Nicholas Bloom Benn Eifert Aprajit Mahajan David McKenzie John Roberts Downloaded from A long-standing question is whether differences in management practices across firms can explain differences in productivity, especially in developing countries where these spreads appear particularly large. To investigate this, we ran a management field experiment on large Indian textile firms. We pro- vided free consulting on management practices to randomly chosen treatment http://qje.oxfordjournals.org/ plants and compared their performance to a set of control plants. We find that adopting these management practices raised productivity by 17% in the first year through improved quality and efficiency and reduced inventory, and within three years led to the opening of more production plants. Why had the firms not adopted these profitable practices previously? Our results suggest that informational barriers were the primary factor explaining this lack of adoption. Also, because reallocation across firms appeared to be constrained by limits on managerial time, competition had not forced badly managed firms to exit. JEL Codes: L2, M2, O14, O32, O33. at University of California, Los Angeles on January 15, 2013 I. INTRODUCTION Economists have long puzzled over why there are such astounding differences in productivity across both firms and countries. For example, U.S. plants in industries producing homogeneous goods like cement, block ice, and oak flooring *Financial support was provided by the Alfred Sloan Foundation, the Freeman Spogli Institute, the International Initiative, the Graduate School of Business at Stanford, the International Growth Centre, the Institute for Research in the Social Sciences, the Kauffman Foundation, the Murthy Family, the Knowledge for Change Trust Fund, the National Science Foundation, the Toulouse Network for Information Technology, and the World Bank. -
Ufuk Akcigit
UFUK AKCIGIT Department of Economics, University of Chicago October 2016 Contact Information Mailing Address: Office Address: 1126 E 59th Street 5757 South University Ave Chicago, IL, 60637 Saieh Hall, Office # 403 Email: [email protected]. Tel: 773-702-0433. Fax: 773-702-8490. Webpage: https://economics.uchicago.edu/directory/ufuk-akcigit Citizenship: Turkish, U.S. Permanent Resident Appointments Assistant Professor University of Chicago July 2015 - Present Faculty Research Fellow National Bureau of Economic Research Sep 2010 - Present Distinguished Research Fellow Koc University, Istanbul July 2016 - Present Research Affiliate Center for Economic and Policy Research Nov 2016 - Present Assistant Professor University of Pennsylvania July 2009 - June 2015 Education Ph.D, Economics Massachusetts Institute of Technology June 2009 B.A, Economics Koc University, Istanbul June 2003 Fields of Interest Macroeconomics, Economic Growth, Firm Dynamics, Innovation, Entrepreneurship. Relevant Positions Short-term Consultant The World Bank Spring 2013 Dissertation Intern Board of Governors, Federal Reserve, DC Summer 2007 Academic Visits Department of Economics, University of Chicago Spring 2015 Becker Friedman Institute, University of Chicago Fall 2014 Cowles Foundation, Yale University September 2014 Minneapolis FED October 2012 Editorial Position Associate Editor Journal of the European Economic Association January 2015 - Present 1 Publications • \Taxation and the International Migration of Inventors," (w/ Salome Baslandze and Stefanie Stantcheva), - American Economic Review, 2016, 106(10): 2930-2981. • \Creative Destruction and Subjective Well-Being," (w/ Philippe Aghion, Angus Deaton and Alexandra Roulet), - American Economic Review, forthcoming. • \Innovation Network," (w/ Daron Acemoglu and William Kerr), - Proceedings of the National Academy of Sciences, 2016, 113(41): 11483-11488. • \Buy, Keep or Sell: Economic Growth and the Market for Ideas," (w/ Murat A.