Showing 1 - 10 of 75
This paper provides robust estimates of the impact of both product and labour market regulations on unemployment using data for 24 European countries over the period 1998-2013. Controlling for country-fixed effects, endogeneity and a large set of covariates, results show that product market...
Persistent link: https://www.econbiz.de/10011871988
This paper reviews recent empirical evidence on privatisation in developing countries. Particular emphasis is placed on new areas of research such as the distributional impacts of privatisation. Overall, the literature now reflects a more cautious and nuanced evaluation of privatisation. Thus it...
Persistent link: https://www.econbiz.de/10011571943
Does regulation affect the pace and nature of innovation and if so, by how much? We build a tractable and quantifiable ….4% lower due to the regulation, a 2.2% consumption equivalent welfare loss. Four-fifths of this loss is due to lower innovation … changes in the direction of R&D, and find that regulation's negative effects only matter for incremental innovation (as …
Persistent link: https://www.econbiz.de/10012431121
Using European Community Household Panel data for nine countries for 1996-2001, I investigate the impact of reforms of employment protection systems on employment and on temporary jobs for wage and salary workers. Individual fixed effects models are estimated, with the inclusion of...
Persistent link: https://www.econbiz.de/10003652681
The passage of landmark government regulation is often the culmination of evolving social pressure and incremental … policy change. During this process, firms may preemptively adjust behavior in anticipation of impending regulation, making it … 1970 Clean Air Act (CAA) on the power sector. This unique long panel provides us an extended pre-regulation benchmark …
Persistent link: https://www.econbiz.de/10012582425
Social insurance programs typically comprise sick leave insurance. An important policy parameter is how the cost of sick leave are shared between workers, firms, and the social security system. We show that this sharing rule affects not only absence behavior, but also workers' subsequent health....
Persistent link: https://www.econbiz.de/10010532515
formal sector wage premium. The opposite is true for labor market regulation. Finally, we show that the so-called overhiring …
Persistent link: https://www.econbiz.de/10009230678
We investigate the positive and normative consequences of child-labor restrictions for economic aggregates and welfare. We argue that even though the laissez-faire outcome may be inefficient, there are usually better policies to cure these inefficiencies than the imposition of a child-labor ban....
Persistent link: https://www.econbiz.de/10003652670
Our research investigates the magnitude of the effect of residential energy efficiency audit programs on later household electricity consumption. These programs are designed to increase awareness of household energy consumption with personalized feedback that will eventually lead to behavioral...
Persistent link: https://www.econbiz.de/10011407824
This paper examines the effect of global transition to simpler, flatter income tax systems on the size of the shadow economy. By offering a new estimation framework, the paper revives the traditional electricity consumption approach to measuring the shadow economy. It overcomes the limitations...
Persistent link: https://www.econbiz.de/10003860712