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Where Are the Real Bottlenecks? Evidence from 20,000 Firms in 60 Countries about the Shadow Costs of Constraints to Firm Performance

Carlin, Wendy; Schaffer, Mark; Seabright, Paul - Institute for the Study of Labor (IZA) - 2007

We use data from over 20,000 firms in 60 countries to identify constraints on the growth of firms. We interpret managers’ answers to survey questions on the extent to which various aspects of their external environment inhibit the performance of their firm as measuring the shadow cost of...

Persistent link: https://www.econbiz.de/10005763555

Electoral Accountability and Corruption in Local Governments: Evidence from Audit Reports

Ferraz, Claudio; Finan, Frederico - Institute for the Study of Labor (IZA) - 2007

Political corruption is a concern of many modern democracies. It weakens democratic institutions, restricts public … determines corruption is limited. This paper uses a novel dataset of political corruption in local governments, constructed from … reports of an anti-corruption program in Brazil, to test whether the possibility of re-election affects the level of rents …

Persistent link: https://www.econbiz.de/10005566436

Exposing Corrupt Politicians: The Effects of Brazil’s Publicly Released Audits on Electoral Outcomes

Ferraz, Claudio; Finan, Frederico - Institute for the Study of Labor (IZA) - 2007

’s recent anti-corruption program that randomly audits municipal expenditures of federally-transferred funds, it estimates the … effects of the disclosure of local government corruption practices upon the re-election success of incumbent mayors. Comparing …

Persistent link: https://www.econbiz.de/10005761657

Per Se Drugged Driving Laws and Traffic Fatalities

Anderson, D. Mark; Rees, Daniel I. - Institute for the Study of Labor (IZA) - 2012

The Office of National Drug Control Policy (ONDCP) recently announced a goal of reducing drugged driving by 10 percent within three years. In an effort to achieve this goal, ONDCP is encouraging all states to adopt per se drugged driving laws, which make it illegal to operate a motor vehicle...

Persistent link: https://www.econbiz.de/10010598551

Fast Times During Spring Breaks: Are Traffic Fatalities Another Consequence?

French, Michael; Gumus, Gulcin - Institute for the Study of Labor (IZA) - 2014

Every year in the United States, millions of college students travel for spring break, spending billions of dollars. We examine a potential adverse consequence of spring break that has received little attention in the literature – traffic safety. In particular, we estimate the impact of spring...

Persistent link: https://www.econbiz.de/10011095509

Medical Marijuana Laws, Traffic Fatalities, and Alcohol Consumption

Anderson, D. Mark; Rees, Daniel I. - Institute for the Study of Labor (IZA) - 2011

To date, 16 states have passed medical marijuana laws, yet very little is known about their effects. Using state-level data, we examine the relationship between medical marijuana laws and a variety of outcomes. Legalization of medical marijuana is associated with increased use of marijuana among...

Persistent link: https://www.econbiz.de/10009371903

Comparing Real Wage Rates

Ashenfelter, Orley - Institute for the Study of Labor (IZA) - 2012

A real wage rate is a nominal wage rate divided by the price of a good and is a transparent measure of how much of the good an hour of work buys. It provides an important indicator of the living standards of workers, and also of the productivity of workers. In this paper I set out the conceptual...

Persistent link: https://www.econbiz.de/10010884346

Labor Market Reforms and the Great Recession

Zimmermann, Klaus F. - Institute for the Study of Labor (IZA) - 2013

Germany can be regarded as a showcase for labor market reforms. Moreover, its labor market responded only mildly to the Great Recession. This paper assesses the role of the labor market reforms for the latter development. Against this background, general lessons are drawn from the German...

Persistent link: https://www.econbiz.de/10010884403

Bubble Economics and Structural Change: The Cases of Spain and France Compared

Agnese, Pablo; Hromcová, Jana - Institute for the Study of Labor (IZA) - 2015

This paper delves into the recent events that led to the formation of the housing bubble in Spain and the resulting structural change that is arguably needed to put the economy back into the right track. For this purpose we calibrate a model with different equilibria descriptive of the labor...

Persistent link: https://www.econbiz.de/10011250613

A General Model of Technical Change with an Application to the OECD Countries

Heshmati, Almas; Kumbhakar, Subal C. - Institute for the Study of Labor (IZA) - 2011

In the neoclassical production functions model technical change (TC) is assumed to be exogenous and it is specified as a function of time. However, some exogenous external factors other than time can also affect the rate of TC. In this paper we model TC via a combination of time trend (purely...

Persistent link: https://www.econbiz.de/10009323543

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