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We analyze a model of wage delay in which strategic complementarity arises because each employer's costs of violating its contracts decrease with the arrears in its labor market. The model is estimated on panel data for workers and firms in Russia, facilitating identification through fixed...
Persistent link: https://www.econbiz.de/10005141942
La presente monografía muestra una mirada sobre los cuidados de las personas mayores ofrecidos por cuidadoras inmigrantes en el ámbito familiar en Madrid, en un mercado informal. A ello se llega a través de los discursos proporcionados por los actores que intervienen en ese proceso, las...
Persistent link: https://www.econbiz.de/10010662868
This paper applied the Malmquist productivity index in order to estimate total factor productivity growth and its components (efficiency change and technological progress) in Indian manufacturing during the pre- and post-reform periods. The results illustrate that the economic reforms have not...
Persistent link: https://www.econbiz.de/10011096506
A recent wave of economic research has studied the transformation of China from a poor country in the 1970s to a middle-income economy today. Based on this literature, we discuss the factors driving China’s development process. We provide a historical account of China’s rise, fall, and...
Persistent link: https://www.econbiz.de/10010886217
accumulation and innovation are distorted in the presence of conflict; and the role of governance in conflict management. …
Persistent link: https://www.econbiz.de/10014024407
This Paper presents theory and evidence on the relationship between inequality and institutional quality. We exhibit a model in which the two dynamically reinforce each other and set to test this relationship with a broad array of institutional measures. We establish the double causality between...
Persistent link: https://www.econbiz.de/10005124033
This paper produces a new set of governance indices that enable estimation of the marginal economic benefits of … particular categories of governance. The indices are constructed using a factor model, estimated on forty perceptions …-based governance variables from eleven data sources. In contrast to previous research, a unified statistical framework is used to …
Persistent link: https://www.econbiz.de/10010719602
consistent with a view that strengthening governance and regulatory capacities can contribute to a broader diffusion of …
Persistent link: https://www.econbiz.de/10009775462
consistent with a view that strengthening governance and regulatory capacities can contribute to a broader diffusion of …
Persistent link: https://www.econbiz.de/10011277119
We model an urban labour market in a developing economy, incorporating workers’ risk attitudes. Trade-offs between risk aversion and ability determine worker allocation across formal and informal wage employment, and voluntary and involuntary self employment. Greater risk of informal wage...
Persistent link: https://www.econbiz.de/10009725361