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Comparative Analysis of Labor Market Dynamics UsingMarkov Processes: An Application to Informality

Bosch, Mariano; Maloney, William - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007

This paper discusses a set of statistics for examining and comparing labor market dynamicsbased on the estimation of continuous time Markov transition processes. It then uses these toestablish stylized facts about dynamic patterns of movement using panel data fromArgentina, Brazil and Mexico...

Persistent link: https://www.econbiz.de/10005861865

Labour market screening with intermediaries

Schweinzer, Paul - Volkswirtschaftliche Fakultät, … - 2006

We consider a Rothschild-Stiglitz-Spence labour market screening model and employ a centralised mechanism to coordinate the efficient matching of workers to firms. This mechanism can be thought of as operated by a recruitment agency, an employment office or head hunter. In a centralised...

Persistent link: https://www.econbiz.de/10005739652

Competition and Relational Contracts: The Role of Unemployment as a Disciplinary Device

Brown, Martin; Falk, Armin; Fehr, Ernst - Volkswirtschaftliche Fakultät, … - 2011

When workers are faced with the threat of unemployment, their relationship with a particular firm becomes valuable. As … market characterized by exogenous unemployment. However, stronger competition for labor does not impair labor market …

Persistent link: https://www.econbiz.de/10009004025

Competition Policy and Productivity Growth: An Empirical Assessment

Buccirossi, Paolo; Ciari, Lorenzo; Duso, Tomaso; … - Volkswirtschaftliche Fakultät, … - 2009

institutions. …

Persistent link: https://www.econbiz.de/10008633332

The Political Economy of Corruption and the Role of Financial Institutions

Boerner, Kira; Hainz, Christa - Volkswirtschaftliche Fakultät, … - 2006

political pressure to reduce corruption if financial institutions are missing. Our model is based on the fact that corrupt … the rents from corruption. In a probabilistic voting model, we show that a lack of financial institutions can lead to more …-functioning financial institutions, in turn, can increase the political support for anti-corruption measures. …

Persistent link: https://www.econbiz.de/10005785864

The Impact of ISO 9000 Diffusion on Trade and FDI: A New Institutional Analysis

Clougherty, Joseph A.; Grajek, Michal - Volkswirtschaftliche Fakultät, … - 2006

The effects of ISO 9000 diffusion on trade and FDI have gone understudied. We employ panel data reported by OECD nations over the 1995-2002 period to estimate the impact of ISO adoptions on country-pair economic relations. We find ISO diffusion to have no effect in developed nations, but to...

Persistent link: https://www.econbiz.de/10005785865

Providing Public Goods Without Strong Sanctioning Institutions

Gerber, Anke; Wichardt, Philipp C. - Volkswirtschaftliche Fakultät, … - 2007

powerful institutions to sanction free-riders. The idea of the mechanism is to require players to commit to the public good by …

Persistent link: https://www.econbiz.de/10005739660

Business Groups in Emerging Markets - Financial Control and Sequential Investment

Hainz, Christa - Volkswirtschaftliche Fakultät, … - 2006

substitute some functions of missing institutions, for example, enforcing contracts. We investigate this by setting up a model …

Persistent link: https://www.econbiz.de/10005739699

Does Immigration Affect the Phillips Curve?Some Evidence for Spain

Bentolila, Samuel; Dolado, Juan José; Jimeno, Juan F. - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007

The Phillips curve has flattened in Spain over 1995-2006: unemployment has fallen by 15percentage points, with roughly …

Persistent link: https://www.econbiz.de/10005860587