Showing 1 - 10 of 69
This study is the first to provide a systematic measure of bribery using micro-level data on reported earnings, household spending and asset holdings. We use the compensating differential framework and the estimated sectoral gap in reported earnings and expenditures to identify the size of...
Persistent link: https://www.econbiz.de/10005791634
Swedish census data and tax records reveal an astonishing wage compression; the Swedish skill premium fell by more than 30 percent between 1970 and 1990 while the U.S. skill premium, after an initial decline in the 1970s, rose by 8-10 percent. Since then both skill premia have increased by...
Persistent link: https://www.econbiz.de/10005661889
This Paper evaluates the impact of a team-based incentive scheme piloted in the public sector agency, Jobcentre Plus. The way the scheme has been designed raises many questions for which theory makes predictions. We test these predictions against our data. We find that team size affects the...
Persistent link: https://www.econbiz.de/10005498005
This paper addresses a lack of evidence on the impact of performance pay in the public sector by evaluating a pilot scheme of incentives in a major government agency. The incentive scheme was based on teams and covered quantity and quality targets, measured with varying degrees of precision. We...
Persistent link: https://www.econbiz.de/10011084487
The paper provides SVAR estimates for four open economies: the UK, Canada, Sweden and Denmark, making explicit a … another: monetary union appears easy to recommend for Sweden and Denmark, much less so for Canada and the UK. …
Persistent link: https://www.econbiz.de/10005789208
exercise in fiscal rectitude of the 1980s and focusing on its two most extreme cases, Denmark and Ireland. We find that at …
Persistent link: https://www.econbiz.de/10005281347
The historical record suggests that economic development is associated with the rise of the financial sector. This rise is often triggered by exogenous events such as large budget deficits generated by wars or the availability of large investment projects such as railroads. This paper discusses...
Persistent link: https://www.econbiz.de/10005789013
are high. If this argument were right, the capital intensity of state-owned firms should fall with privatization. The data …
Persistent link: https://www.econbiz.de/10005789117
This paper focuses on some of the major problems of the Hungarian banking system and investigates the possible ways to deal with these problems. It discusses the issue of bank restructuring, concentrating on the large commercial banks for which direct or indirect state ownership is decisive....
Persistent link: https://www.econbiz.de/10005791244
This paper examines aspects of speed and sequencing of restructuring and privatization in economies in transition. It … constraints on restructuring, a very fast and non-differentiated approach to privatization may lead to renationalization and … general delays in restructuring. A more gradual policy of privatization may allow for the screening of good from bad firms …
Persistent link: https://www.econbiz.de/10005791380