Showing 1 - 10 of 27
Why has the expansion of women's economic and political rights coincided with economic development? This paper investigates this question, focusing on a key economic right for women: property rights. The basic hypothesis is that the process of development (i.e., capital accumulation and...
Persistent link: https://www.econbiz.de/10008528542
The nineteenth century witnessed dramatic improvements in the legal rights of married women. Given that these changes took place long before women gained the right to vote, they amounted to a voluntary renouncement of power by men. In this paper, we investigate men's incentives for sharing power...
Persistent link: https://www.econbiz.de/10005789186
We evaluate the impact of firm-level corporate governance provisions on the valuation of firms in a large cross-section of countries. Unlike previous work, we distinguish between governance provisions that are set at the country-level and those that are adopted at the firm-level. We find that...
Persistent link: https://www.econbiz.de/10005067567
The purpose of this paper is to suggest that a fundamental shift in Europe, along with the other OECD countries, is taking place. This shift is from the managed economy to the entrepreneurial economy. While politicians and policy-makers have made a plea for guidance in the era of...
Persistent link: https://www.econbiz.de/10005504288
It has been recognized that the optimal strategy of a government is generally time-inconsistent: optimality requires that the government take into account expectations effects in the formulation of its policy and to ignore these effects when applying the policy. In order to analyse the problem,...
Persistent link: https://www.econbiz.de/10005666548
The paper analyzes a variety of government policies that can stimulate employment when unemployment is generated through the conflicting of interest between insiders and outsiders. It also provides guidelines for identifying policies that may be ineffective. We show how supply side policies can...
Persistent link: https://www.econbiz.de/10005666572
The paper constructs a simple macroeconomic model that contains a labor market in which insiders have power in wage negotiations. Wage and employment decisions are assumed to be made before business conditions are known; thus these decisions depend on both the hiring costs and expected dismissal...
Persistent link: https://www.econbiz.de/10005661965
We study the determination of Irish inflation between 1926 and 2012. The difference between unemployment and the NAIRU is a significant determinant of inflation in a simple backward-looking Phillips Curve that incorporates import prices. While there is a break in 1979-80, when the link to...
Persistent link: https://www.econbiz.de/10011272719
Higher rates of economic growth in recent years have led Ireland from being a country characterized by emigration to … compare the wages of returned migrants with the wages of those who stayed in Ireland. In a recent paper, it has been argued … find support for this argument for men. On average, returning males earn 10 percent more than men who stayed in Ireland …
Persistent link: https://www.econbiz.de/10005123622
paper we examine what has happened to earnings inequality and the returns to education in Ireland between 1987 and 1997. We …
Persistent link: https://www.econbiz.de/10005124097