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Voting with your Children: A Positive Analysis of Child Labour Laws

Doepke, Matthias; Zilibotti, Fabrizio - C.E.P.R. Discussion Papers - 2003

We develop a positive theory of the adoption of child-labour regulation, based on two key mechanisms. First, parental decisions on family size interact with their preferences for child-labour regulation. Second, the supply of child labour affects skilled and unskilled wages. If policies are...

Persistent link: https://www.econbiz.de/10005067344

On the Speed and Sequencing of Privatization and Restructuring

Roland, Gérard - C.E.P.R. Discussion Papers - 1994

This paper examines aspects of speed and sequencing of restructuring and privatization in economies in transition. It …

Persistent link: https://www.econbiz.de/10005791380

The Economics of Enterprise Restructuring in Central and Eastern Europe

Aghion, Philippe; Blanchard, Olivier J; Carlin, Wendy - C.E.P.R. Discussion Papers - 1994

process of transition of the state-owned enterprise sector. A set of theoretical tools is assembled which permits the analysis …

Persistent link: https://www.econbiz.de/10005123917

Defensive and Strategic Restructuring in Central European Enterprises

Grosfeld, Irena; Roland, Gérard - C.E.P.R. Discussion Papers - 1995

This paper interprets the existing evidence on enterprise restructuring in Poland, Hungary and the Czech Republic. Despite differences in restructuring policies, the pattern of observed restructuring appears similar in the three countries. Contrary to initial expectations, managers of SOEs have...

Persistent link: https://www.econbiz.de/10005662184

Fiscal Constraints and the Speed of Transition

Chadha, Bankim; Coricelli, Fabrizio - C.E.P.R. Discussion Papers - 1994

private sector. The transition is shown to be costly in that it entails unemployment and a deterioration of the fiscal balance …. The interaction of fiscal constraints with the transition process is examined. It is shown that fiscal constraints may … induce the government to maintain the state sector, slowing the speed of transition, and could jeopardize the eventual …

Persistent link: https://www.econbiz.de/10005666894

Capture of Bankruptcy: Theory and Evidence from Russia

Lambert-Mogiliansky, Ariane; Sonin, Konstantin; … - C.E.P.R. Discussion Papers - 2000

Laws that work well in a rule-of-law country may produce unexpected outcomes in a corrupt environment. We argue that the legal system in Russia is faulted by the capture of regional divisions of arbitrage courts. We analyse the consequences of this for the efficiency of Russian bankruptcy law....

Persistent link: https://www.econbiz.de/10005656302

Are Endowments Fate?

Nugent, Jeffrey B; Robinson, James A - C.E.P.R. Discussion Papers - 2002

In recent theories of comparative development the role of institutional differences has been crucial. Yet what explains comparative institutional evolution? We investigate this issue by studying the coffee exporting economies of Latin America. While homogeneous in many ways, they experienced...

Persistent link: https://www.econbiz.de/10005123696

Origins and Consequences of Child Labour Restrictions: A Macroeconomic Perspective

Doepke, Matthias; Krueger, Dirk - C.E.P.R. Discussion Papers - 2006

In this paper we investigate the positive and normative consequences of child-labour restrictions for economic aggregates and welfare. We argue that even though the laissez-faire equilibrium may be inefficient, there are usually better policies to cure these inefficiencies than the imposition of...

Persistent link: https://www.econbiz.de/10005656117

On Income Inequality and Green Preferences

Marsiliani, Laura; Renström, Thomas I - C.E.P.R. Discussion Papers - 2003

We derive conditions of individual preferences and technology that give rise to a negative correlation between income inequality and environmental protection. We present a class of models (which captures a static model as well as an overlapping-generations model) in which individuals differ in...

Persistent link: https://www.econbiz.de/10005662063

The Political Economy of Financial Fragility

Feijen, Erik; Perotti, Enrico C - C.E.P.R. Discussion Papers - 2005

While financial liberalization has in general favourable effects, reforms in countries with poor regulation is often followed by financial crises. We explain this variation as the outcome of lobbying interests capturing the reform process. Even after liberalization, market investors must rely on...

Persistent link: https://www.econbiz.de/10005666751