Showing 1 - 10 of 28
This paper empirically analyzes the main microeconomic determinants of different forms of corruption supply. Our study is based on a new database of near 600 Algerian, Moroccan and Tunisian firms. We show that the undeclared part of firms' sales is a major factor of their involvement in...
Persistent link: https://www.econbiz.de/10005670878
Recent literature tried to explain the Indian growth miracle in different ways, ranging from trade liberalization to industrial reforms. Using data on Indian manufacturing firms, this paper analyzes the relationship between firm's productivity and export market participation during 1991-2004....
Persistent link: https://www.econbiz.de/10010711837
A robust feature of the corporate growth process is the Laplace, or symmetric exponential, distribution of firm growth rates. In this paper, we sketch out a class of simple theoretical models capable of explaining this empirical regularity. We do not attempt to generalize on where growth...
Persistent link: https://www.econbiz.de/10005670887
We provide a necessary condition for optimal commodity taxes when agents differ according to labor skill and consumption tastes and when the government can also use a general nonlinear tax on labor income. The discouragement index of commodities in shown to be the sum of (1) the distributive...
Persistent link: https://www.econbiz.de/10011268211
We study the testability implications of public versus private consumption. The distinguishing feature of our approach is that we start from a revealed preference characterization of collectively rational behavior. Remarkably, we find that assumptions regarding the public or private nature of...
Persistent link: https://www.econbiz.de/10008727370
We introduce a new type of demand system using a feedforward artificial neural network. The neural network demand system is a flexible system that requires few hypotheses, has no roots in consumer theory but may be used to test it. We use the system to estimate demand elasticities on micro data...
Persistent link: https://www.econbiz.de/10010723490
A long pseudo panel is built from eight Canadian household budget surveys (1969-2008) in order to estimate demand functions on long periods. The difference between estimations is the cross-sectional and time dimensions allow the identification of non monetary constraints that influence...
Persistent link: https://www.econbiz.de/10010723491
This article investigates whether the formation of individual inflation expectations is biased towards a consensus and is thus subject to some kind of herding behavior. Basing on the traditional Carlson-Parkin approach to quantify qualitative survey expectations and its extension by Kaiser and...
Persistent link: https://www.econbiz.de/10010726617
This article investigates whether the formation of individual inflation expectations is biased towards a consensus and is thus subject to some kind of herding behavior. Basing on the traditional Carlson-Parkin approach to quantify qualitative survey expectations and its extension by Kaiser and...
Persistent link: https://www.econbiz.de/10010726618
This paper proposes an empirical analysis of the declining support for the German Social Democratic Party (SPD) during Schröder government's second term of office, which was marked by major reforms in the fields of unemployment insurance and labour market policy (Hartz reforms). Drawing on a...
Persistent link: https://www.econbiz.de/10010753971