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as well as decreased banking concentration reduce unemployment if the level of labour market regulation, union density … interact to determine unemployment by estimating a dynamic panel model using the system generalized method of moments (GMM). We … intermediated credit and banking concentration is beneficial for employment when the degree of labour market regulation, union …
Persistent link: https://www.econbiz.de/10008596580
performance indicators (unemployment, long-term unemployment, employment, activity rate). Our results confirm that high taxes … increase unemployment, while active labour market policies tend to reduce it. We also show that stricter employment protection …
Persistent link: https://www.econbiz.de/10005094425
to reduce the currently high unemployment among the low-skilled dramatically. Among the high-skilled, scarcities will …
Persistent link: https://www.econbiz.de/10005405965
Labor courts play an important role in determining the effective level of labor market regulation in Germany, but their … unemployment, even after controlling for the endogeneity of court activity. The results have potentially important policy …
Persistent link: https://www.econbiz.de/10005765647
– have remained more or less constant since the early 1990s. The driving forces for the shadow economy are regulation and tax … burden whereas for DIY activities, the level of unemployment is the main factor. …
Persistent link: https://www.econbiz.de/10005196190
The analysis of economic loss attributed to the shadow economy has attracted much attention in recent years by both academics and policy makers. Often, multiple indicators multiple causes (MIMIC) models are applied to time series data estimating the size and development of the shadow economy for...
Persistent link: https://www.econbiz.de/10005406427
We examine the power of incentives in bureaucracies by studying contracts offered by a bureaucrat to her agent. The bureaucrat operates under a fixed budget, optimally chosen by a funding authority, and she can engage in policy drift, which we define as inversely related to her intrinsic...
Persistent link: https://www.econbiz.de/10010721605
This paper deals with a Niskanen type of public-procurement agency. It is shown that the procurement game should be separated into an investment game and a project game, the first game to be played before nature determines the actual real-izations of benefit and costs of the project, the second...
Persistent link: https://www.econbiz.de/10005765759
The deleterious impact of institutions of direct legislation on student performance found in studies for both the U.S. and Switzerland has raised the question of what its transmission channels are. For the U.S., an increase in the ratio of administrative to instructional spending and larger...
Persistent link: https://www.econbiz.de/10005181635
This paper deals with double lobbying: several bureaucrats participate in joint lobbying to get a high total departmental budget, but they also engage in antagonistic lobbying to reap as high a share of the total budget as possible. The antagonistic lobbying constitutes a contest among the...
Persistent link: https://www.econbiz.de/10005406270