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In practice, the degree to which natives and immigrants are substitutes for one another varies depending on the type of occupations.
These sources are highly complementary, not substitutes" for one another, said Groshen, who urges individuals and companies to complete the surveys that inform national statistical agencies.
But although disclaimers and liquidated damage provisions are distinguishable, they are also, in a rather obvious sense, substitutes for one another, and it is useful to treat them together.
It argues that experience and experimentation can function as at least partial substitutes for one another, possessing more of one, firms may need less of the other, and provides evidence that they were so in the semiconductor industry.
Cost is important, you want to know that when you're deciding what to buy, but they're not really direct substitutes for one another, so you're not going to say, "I'm only buying bananas because bananas are cheaper than burgers". You want a balanced diet, you don't want to eat too many burgers, you don't want to only eat bananas.
A separate, but related question is the degree to which mechanisms of governance -- such as shareholder voting, take-over bids, independent directors, mandatory disclosure, and shareholder litigation -- can function adequately as substitutes for one another.
Similar(45)
When is it OK to substitute team meetings for one-on-ones?" First, team meetings are never substitute for one-on-ones.
There's no substitute for one-on-one instruction, and I am further convinced that the instructor must absolutely be your mother.
Evidently there is no substitute for one-on-one interest and direction.
Though computer-generated advice may be a poor substitute for one-on-one financial planning, most 401(k) investors won't pay for that level of advice.
The Japanese student, Kunotaka Aki, believes there's no substitute for one-on-one learning, but that live video interaction is the best option in the given circumstances.
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CEO of Professional Science Editing for Scientists @ prosciediting.com