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Does regulation affect the pace and nature of innovation and if so, by how much? We build a tractable and quantifiable endogenous growth model with size-contingent regulations. We apply this to population administrative firm panel data from France, where many labor regulations apply to firms...
Persistent link: https://www.econbiz.de/10012482599
Stringent labor laws can provide firms a commitment device to not punish short-run failures and thereby spur their employees to pursue value-enhancing innovative activities. Using patents and citations as proxies for innovation, we identify this effect by exploiting the time-series variation...
Persistent link: https://www.econbiz.de/10012462173
We show how size-contingent laws can be used to identify the equilibrium and welfare effects of labor regulation. Our framework incorporates such regulations into the Lucas (1978) model and applies this to France where many labor laws start to bind on firms with exactly 50 or more employees....
Persistent link: https://www.econbiz.de/10012459820
Persistent link: https://www.econbiz.de/10002545132
This paper traces the diffusion of fair employment legislation at the state level and evaluates the relative importance of various demographic, political, and economic factors in the promotion (or at least the acceptance) of the principle of government-enforced anti-discrimination policy. The...
Persistent link: https://www.econbiz.de/10012471036
Prevailing wage laws, which require that construction workers employed by private contractors on public projects be paid at least the wages and benefits that are "prevailing" for similar work in or near the locality in which the project is located, have been the focus of an extensive policy...
Persistent link: https://www.econbiz.de/10012471329
This paper focuses on a few directions in which protective labor legislation might be expanded in the United States over the next decade and the implications of expansion in each area for labor markets. Specifically, it addresses the areas of hours of work, unjust dismissal, comparable worth,...
Persistent link: https://www.econbiz.de/10012477325
This paper reviews some recent empirical analyses of the impact of affirmative action and anti-discrimination law on employment and productivity.The major findings are that:1)Affirmative action has some success in improving employment opportunities for minorities and females, particularly for...
Persistent link: https://www.econbiz.de/10012477334
We estimate the impact of state-level "E-Verify" legislation that mandates employment eligibility verification for private-sector workers. We document declines in formal sector employment and employment turnover after mandate passage, with effects concentrated among those likeliest to be...
Persistent link: https://www.econbiz.de/10012479200
This paper discusses population aging, increased participation of seniors in the labor force in the United States (and reasons for this), and how these trends are making the struggles of older workers in the labor market increasingly relevant. Evidence examining whether age discrimination is a...
Persistent link: https://www.econbiz.de/10012479799