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The positive economics of labor market rigidities and investor protection
Fehn, Rainer; Meier, Carsten-Patrick - 2001
This paper presents a positive model which shows that institutional setups on capital and labor markets might be intertwined by politicoeconomic forces. Some countries especially in continental Europe exhibit a corporatist politicoeconomic equilibrium with a sustantial protection of insiders on...
Persistent link: https://www.econbiz.de/10010316080
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Welfare-Enhancing Trade Unions in an Oligopoly with Excessive Entry
de Pinto, Marco - 2019
Trade unions are often argued to cause allocative inefficiencies and to lower welfare. We analyze whether this evaluation is also justified in a Cournot-oligopoly with free but costly entry. If input markets are competitive and output per firm declines with the number of firms (business...
Persistent link: https://www.econbiz.de/10012866378
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Labor Unions and the Electoral Consequences of Trade Liberalization
Ogeda, Pedro Molina; Ornelas, Emanuel; Soares, Rodrigo R. - 2021
We show that the Brazilian trade liberalization in the early 1990s led to a permanent relative decline in the vote share of left-wing presidential candidates in the regions more affected by the tariff cuts. This happened even though the shock, implemented by a right-wing party, induced a...
Persistent link: https://www.econbiz.de/10013313447
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Political persistence, connections and economic growth
Bellettini, Giorgio; Ceroni, Carlotta Berti; Prarolo, … - 2009
Using data on a panel of 56 democratic countries in the period 1975-2004, we find evidence of a negative association between political stability and economic growth which is stronger and empirically more robust in countries with high bureaucratic costs. Motivated by these results, which contrast...
Persistent link: https://www.econbiz.de/10010264563
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School Tracking and Mental Health
Bockerman, Petri - 2019
We examine the effects of a comprehensive school reform on mental health. The reform postponed the tracking of students into vocational and academic schools from age 11 to age 16. The reform was implemented gradually across Finnish municipalities between 1972 and 1977. We use...
Persistent link: https://www.econbiz.de/10012859608
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Service Imports, Workforce Composition, and Firm Performance : Evidence from Finnish Microdata
Ariu, Andrea - 2019
This paper uses unique Finnish firm-level micro data on service imports, work-force composition, and firm characteristics to examine changes in employment composition and performance of Finnish service importers during a period of a significant increase in services imports (2002-2012). We use...
Persistent link: https://www.econbiz.de/10012861415
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Voice at Work
Harju, Jarkko; Jäger, Simon; Schoefer, Benjamin - 2021
representation on boards of Finnish firms with at least 150 employees. In contrast to exit-voice theory, our difference …
Persistent link: https://www.econbiz.de/10013239560
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Leaky Bucket in the Real World : Estimating Inequality Aversion Using Survey Data
Pirttila, Jukka; Uusitalo, Roope - 2021
Existing evidence of inequality aversion relies on data from class-room experiments where subjects face hypothetical questions. This paper estimates the magnitude of inequality aversion using representative survey data, with questions related to the real-economy situations the respondents face....
Persistent link: https://www.econbiz.de/10013317002
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The Looks of a Winner : Beauty, Gender, and Electoral Success
Berggren, Niclas; Jordahl, Henrik; Poutvaara, Panu - 2007
We study the role of beauty in politics using candidate photos that figured prominently in electoral campaigns. Our investigation is based on visual assessments of 1,929 Finnish political candidates from 10,011 respondents (of which 3,708 were Finnish). An increase in beauty by one standard...
Persistent link: https://www.econbiz.de/10014049900
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Gallup Democracy in Exercising the NATO Membership Option : The Cases of Finland and Sweden
Kanniainen, Vesa - 2022
The paper asks whether the exercising of the NATO membership option is justified for Finland and Sweden in the light of … towards the membership. In both countries, the majority of people turned to favor the membership within 2-3 months. Finland … activated first. Sweden was fast in catching up with the Finnish process. The theory of option pricing is employed to analyze …
Persistent link: https://www.econbiz.de/10014078678