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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
The main questions addressed in this paper are: First, how did labour markets in the Visegrad countries react to the breakdown of a command economy and the transformation to a market economy? Second, which way ahead is likely, or to put it differently, what should be done now to improve...
Persistent link: https://www.econbiz.de/10005067622
A transformation of what had become a universal 40-hour standard working week in Germany began in 1985 with reductions negotiated in the metal-working and printing sectors. These reductions have continued through 1995, and were followed by reductions in other sectors. The union campaign aimed to...
Persistent link: https://www.econbiz.de/10005114354
Since monetary union with West Germany on 1 July 1990, eastern female monthly wages have risen by 10 percentage points relative to male wages, but female employment has fallen 5 percentage points more than male employment. Using the German Socio-Economic Panel to study the years 1990–94, I...
Persistent link: https://www.econbiz.de/10005792446
We use longitudinal individual wage, hours, and employment data to investigate the effect of the February 1, 1982 mandatory reduction of weekly working hours in France. Just after François Mitterrand's election in May 1981, the government decided to increase the minimum wage by 5%. Then, as...
Persistent link: https://www.econbiz.de/10005792055
consumption of richer households by 6.1 to 9.2 percent. We also find suggestive evidence that governance matters in the …
Persistent link: https://www.econbiz.de/10008468658
properly designed - leniency may simultaneously provide an effective governance mechanism for occasional sequential illegal …
Persistent link: https://www.econbiz.de/10005124229
Using detailed Peruvian data measuring bribery, I assess which types of public official are most corrupt and why. I distinguish between the bribery rate and the size of bribes received, and seek to explain the variation in each across public institutions. The characteristics of officials'...
Persistent link: https://www.econbiz.de/10005136576
reciprocal exchange to lifetime employment, from relational governance to corruption/collusion. We study how agents …
Persistent link: https://www.econbiz.de/10005136656
Recent events in several countries have underscored the importance of good governance in private occupational pension …. Under complete contracting, governance can be shown to be neutral: DC and DB plans differ only on risk allocation. If …
Persistent link: https://www.econbiz.de/10005497828