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Firm Entry Deregulation, Competition and Returns to Education and Skill
Fernandes, Ana; Ferreira, Priscila; Winters, L. Alan - C.E.P.R. Discussion Papers - 2013
This paper investigates the effects of firm entry deregulation. We exploit a recent reform that simplified business entry in Portugal as a quasi-natural experiment. We use cross-municipality-year variation in the implementation of the reform for identification. Using matched employer-employee...
Persistent link: https://www.econbiz.de/10011083872
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Wage and Pension Pressure on the Polish Budget
Crombrugghe, Alain L de - C.E.P.R. Discussion Papers - 1997
This paper studies the role of wage and pension pressures in explaining the budget deficit crisis of 1991–2 after the remarkable 1990 Polish economic stabilization and liberalization. It also explains the persistence of the high tax wedge that later helped overcome the budget crisis. The...
Persistent link: https://www.econbiz.de/10005136543
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Inequality And Group Participation: Theory And Evidence From Rural Tanzania
La Ferrara, Eliana - C.E.P.R. Discussion Papers - 2000
inequality leads to more or less group participation. Using survey data from rural Tanzania we find that inequality at the …
Persistent link: https://www.econbiz.de/10005667030
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When is capital enough to get female microenterprises growing? Evidence from a randomized experiment in Ghana
Fafchamps, Marcel; McKenzie, David J.; Quinn, Simon; … - C.E.P.R. Discussion Papers - 2011
randomly gave cash and in-kind grants to male- and female-owned microenterprises in urban Ghana. Our findings cast doubt on the …
Persistent link: https://www.econbiz.de/10009150951
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Customary Norms, Inheritance, and Human Capital: Evidence from a Reform of the Matrilineal System in Ghana
La Ferrara, Eliana; Milazzo, Annamaria - C.E.P.R. Discussion Papers - 2014
This paper studies the effects of descent rules on human capital accumulation. We exploit a policy experiment in Ghana …-landed households. This evidence is consistent with the fact that before the reform matrilineal groups in Ghana "over-invested" in …
Persistent link: https://www.econbiz.de/10011084314
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Managing and Harnessing Volatile Oil Windfalls
Van Den Bremer, Ton; van der Ploeg, Frederick - C.E.P.R. Discussion Papers - 2012
and productivity growth is low. We apply our theory to the windfalls of Norway, Iraq and Ghana. The optimal size of Ghana …’s liquidity fund is tiny even with high prudence. Norway’s liquidity fund is bigger than Ghana’s. Iraq’s liquidity fund is … to invest. We illustrate how this can speed up the process of development in Ghana despite domestic absorption …
Persistent link: https://www.econbiz.de/10011084534
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Learning to Take Risks? The Effect of Education on Risk-Taking in Financial Markets
Black, Sandra; Devereux, Paul J.; Lundborg, Petter; … - C.E.P.R. Discussion Papers - 2015
We investigate whether acquiring more education when young has long-term effects on risk-taking behavior in financial markets and whether the effects spill over to spouses and children. There is substantial evidence that more educated people are more likely to invest in the stock market....
Persistent link: https://www.econbiz.de/10011249373
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Returns to Education across Europe
Glocker, Daniela; Steiner, Viktor - C.E.P.R. Discussion Papers - 2011
Incentives to invest in higher education are affected by both the direct wage effect of human capital investments and the indirect wage effect resulting from lower unemployment risks and shorter spells in unemployment associated with higher educated. We analyse the returns to education in...
Persistent link: https://www.econbiz.de/10009293660
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The Impact of Immigration on the Structure of Wages: Theory and Evidence from Britain
Manacorda, Marco; Manning, Alan; Wadsworth, Jonathan - C.E.P.R. Discussion Papers - 2010
Immigration to the UK, particularly among more educated workers, has risen appreciably over the past 30 years and as such has raised labor supply. However studies of the impact of immigration have failed to find any significant effect on the wages of native-born workers in the UK. This is...
Persistent link: https://www.econbiz.de/10008527530
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The Aggregate Labour Market Effects of the Swedish Knowledge Lift Program
Albrecht, James; den Berg, Gerard J van; Vroman, Susan - C.E.P.R. Discussion Papers - 2006
The Swedish adult education program known as the Knowledge Lift (1997--2002) was unprecedented in its size and scope, aiming to raise the skill level of large numbers of low-skill workers. This paper evaluates the potential effects of this program on aggregate labour market outcomes. This is...
Persistent link: https://www.econbiz.de/10005123553