Narrow search
Showing 1 - 10 of 638
Cover Image
The Determinants of Asset Stripping: Theory and Evidence from the Transition Economies
Campos, Nauro F; Giovannoni, Francesco - C.E.P.R. Discussion Papers - 2005
During the transition from plan to market, managers and politicians succeeded in maintaining control of large parts of … ability to influence law enforcement. Our econometric results, for about 950 firms in five transition economies, provide …
Persistent link: https://www.econbiz.de/10005504218
Cover Image
The Reallocation of Workers and Jobs in Russian Industry: New Evidence on Measures and Determinants
Brown, J David; Earle, John S - C.E.P.R. Discussion Papers - 2002
adjustments have become more sensitive to adjustment costs during the transition, but worker and manager ownership are associated …
Persistent link: https://www.econbiz.de/10005504437
Cover Image
INSTITUTIONS AND ENTRY: A CROSS-REGIONAL ANALYSIS IN RUSSIA
Bruno, Randolph; Bytchkova, Maria; Estrin, Saul - C.E.P.R. Discussion Papers - 2011
We analyse a micro-panel data set to investigate the effect of regional institutional environment and economic factors on Russian new firm entry rates across time, industries and regions. The paper builds on novel databases and exploits inter-regional variation in a large number of institutional...
Persistent link: https://www.econbiz.de/10008865970
Cover Image
The High Unemployment Trap
Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 1992
A model of the labour market under firing restrictions and endogenous quits is constructed. It is shown that in the spirit of Blanchard and Summers (1988), the model can generate multiple equilibria, with a low-quits/high-unemployment equilibrium coexisting with a high-quits/low-unemployment...
Persistent link: https://www.econbiz.de/10005791589
Cover Image
Policy Complementarities: The Case for Fundamental Labour Market Reform
Coe, David T; Snower, Dennis J. - C.E.P.R. Discussion Papers - 1997
labour market institutions (e.g. unemployment benefits, job security legislation and payroll taxes) have complementary … effects on unemployment; and thus (b) that policies aimed at reforming these institutions are also complementary. These policy … complementarities imply that partial labour market reform (directed at one institution, while leaving the other institutions in place …
Persistent link: https://www.econbiz.de/10005791663
Cover Image
New Business Start-ups and the Business Cycle
Coles, Melvyn G; Kelishomi, Ali Moghaddasi - C.E.P.R. Discussion Papers - 2011
This paper considers new business start-up activity within a stochastic equilibrium model of unemployment. The resulting job creation process is both natural and tractable, and generates equilibrium unemployment and vacancy dynamics which match the volatility and persistence observed in the...
Persistent link: https://www.econbiz.de/10009321840
Cover Image
How local are labor markets? Evidence from a spatial job search model
Manning, Alan; Petrongolo, Barbara - C.E.P.R. Discussion Papers - 2011
This paper uses data on very small UK geographies to investigate the effective size of local labor markets. Our approach treats geographic space as continuous, as opposed to a collection of non-overlapping administrative units, thus avoiding problems of mismeasurement of local labor markets...
Persistent link: https://www.econbiz.de/10009364999
Cover Image
Understanding the Matching Function: The Role of Newspapers and Job Agencies
Coles, Melvyn G - C.E.P.R. Discussion Papers - 1994
This paper provides a microeconomic model of matching which implies that the standard, reduced form approach, is misspecified. A simple model is analysed (with help-wanted/employment-needed advertising) where the matching rate depends not only on the stocks of unemployed and vacancies in the...
Persistent link: https://www.econbiz.de/10005662102
Cover Image
Designing a Cheaper and More Effective Unemployment Benefit System
Coles, Melvyn G - C.E.P.R. Discussion Papers - 1996
This paper describes an equilibrium labour market in which an unemployment benefit system cannot raise the average value of being unemployed in the long run. It proposes an alternative benefit system which pays generous benefit rates when unemployment is high, but pays much lower rates in booms....
Persistent link: https://www.econbiz.de/10005662357
Cover Image
On-the-Job Search in a Matching Model with Heterogeneous Jobs and Workers
Dolado, Juan J.; Jansen, Marcel; Jimeno, Juan F - C.E.P.R. Discussion Papers - 2003
This paper considers a matching model with heterogeneous jobs (unskilled and skilled) and workers (low- and high-educated) which allows for on-the-job search by mismatched workers. The latter are high-educated workers who transitorily accept unskilled jobs and continue to search for skilled...
Persistent link: https://www.econbiz.de/10005662403