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lowered investment, employment, productivity and output in registered manufacturing. Regulating in a pro-worker direction is …
Persistent link: https://www.econbiz.de/10005114329
This paper investigates how enforcement of labour regulation affects the firm's use of informal labour, firm size and firm performance. Using firm level data on employment, capita, and output, census data on informal employment at the city level, and administrative data on enforcement of...
Persistent link: https://www.econbiz.de/10005661940
(and trade-off between) investment and wages in Slovenian firms. We find that investment behaviour is more consistent with … display a trade-off between investment and wages, and workers share in firms’ surplus and appropriate funds that are supposed … to be used for depreciation investment. Most findings are consistent with the principal theoretical models of …
Persistent link: https://www.econbiz.de/10005497775
This Paper documents that the rise of (Western) Europe between 1500 and 1850 is largely accounted for by the growth of European nations with access to the Atlantic, and especially by those nations that engaged in colonialism and long distance oceanic trade. Moreover, Atlantic ports grew much...
Persistent link: https://www.econbiz.de/10005067437
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
Many international treaties come into force only after a minimum number of countries have signed and ratified the treaty. Why do countries agree to introduce a minimum participation constraint among the rules characterizing an international treaty? This question is particularly relevant in the...
Persistent link: https://www.econbiz.de/10005123732
This paper reviews recent developments in the study of the so-called "double dividend", i.e. the possibility of improving the environment and, at the same time, reducing the distortions of the tax system through revenue-neutral green taxes. Recent modeling advances are considered at both the...
Persistent link: https://www.econbiz.de/10005124077
The US decision not to ratify the Kyoto Protocol and the recent outcomes of the Bonn and Marrakech Conferences of the Parties has important implications for both the effectiveness and the efficiency of future climate policies. Among these implications, those related with technical change and...
Persistent link: https://www.econbiz.de/10005124246
The main aim of this paper is to estimate the extent to which the Federal Government of the United States insures member states against regional income shocks. We find that a one dollar reduction in a region's per capita personal income triggers a reduction in federal taxes of about 34 cents and...
Persistent link: https://www.econbiz.de/10005124459
This paper presents a model of electoral accountability to compare the public finance outcomes under a presidential-congressional and a parliamentary system. In a presidential-congressional system, contrary to a parliamentary system, there are no endogenous incentives for legislative cohesion,...
Persistent link: https://www.econbiz.de/10005136516