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Snower, Dennis J. - 1999

This paper surveys major empirical regularities concerning changes in earnings inequality in Europe and the U.S. over the past 25 years. Next, it indicates which of these regularities can be explained within the competitive demand-supply framework of analysis and what is left unexplained....

Persistent link: https://www.econbiz.de/10010272949

Good and bad institutions: Is the debate over? ; cross-country firm-level evidence from the textile industry

Bhaumik, Sumon K.; Dimova, Ralitza - 2011

Using firm-level data from nine developing countries we demonstrate that (a) certain institutions like restrictive labour market regulations that are considered to be bad for economic growth might be beneficial for production efficiency, whereas (b) good business environment which is considered...

Persistent link: https://www.econbiz.de/10010274670

Understanding the contributions of reallocation to productivity growth: lessons from a comparative firm-level analysis

Brown, J. David; Earle, John S. - 2008

aggregate productivity growth during the socialist and reform periods in six transition economies. Modifying a standard … decomposition technique to better reflect the role of firm entry, we find that reallocation rates and productivity contributions are … very low under socialism. After reforms, they rise dramatically, and productivity contributions greatly exceed those …

Persistent link: https://www.econbiz.de/10010268767

Outsourcing Public Services: Contractibility, Cost, and Quality

Andersson, Fredrik; Jordahl, Henrik; Josephson, Jens - 2019

We review the literature on public sector outsourcing to explore if the theoretical predictions from the incomplete contracts literature hold up to recent empirical evidence. Guided by theory, we arrange services according to the type and magnitude of their contractibility problems. The...

Persistent link: https://www.econbiz.de/10012059131

Delegation of Authority as an Optimal (In)complete Contract

Roider, Andreas - 2004

The present paper aims to contribute to the literature on the foundations of incomplete contracts by providing conditions under which simple delegation of authority is the solution to the complete-contracting problem of the parties. We consider a hold-up framework where both parties profit from...

Persistent link: https://www.econbiz.de/10010262045

Contracting with Private Information

Hagedorn, Marcus - 2003

This paper adds to the current literature on incomplete contracting that argues that deviating from a complete information, transaction-cost free environment may be may generate valuable insights. We achieve this by assuming bargaining with asymmetric information. We consider the consequences of...

Persistent link: https://www.econbiz.de/10010262108

Better means more: property rights and high-growth aspiration entrepreneurship

Estrin, Saul; Korosteleva, Julia; Mickiewicz, Tomasz - 2009

This paper contrasts the determinants of entrepreneurial entry and high-growth aspiration entrepreneurship. Using the Global Entrepreneurship Monitor (GEM) surveys for 42 countries over the period 1998-2005, we analyse how institutional environment and entrepreneurial characteristics affect...

Persistent link: https://www.econbiz.de/10010271286

Which institutions encourage entrepreneurs to create larger firms?

Estrin, Saul; Korosteleva, Julia; Mickiewicz, Tomasz - 2011

We develop entrepreneurship and institutional theory to explain variation in different types of entrepreneurship across individuals and institutional contexts. Our framework generates hypotheses about the negative impact of higher levels of corruption, weaker property rights and especially...

Persistent link: https://www.econbiz.de/10010274639

Effects of Labor Reallocation on Productivity and Inequality: Insights from Studies on Transition

Tyrowicz, Joanna; Van der Velde, Lucas; Svejnar, Jan - 2016

From a theoretical perspective the link between the speed and scope of rapid labor reallocation and productivity growth … or income inequality is ambiguous. Do reallocations with more flows tend to produce higher productivity growth? Does such … flows in the period of massive and rapid labor reallocation, i.e. the economic transition from a centrally planned to a …

Persistent link: https://www.econbiz.de/10011559657

The Evolution of Work from Home

Barrero, José María; Bloom, Nicholas; Davis, Steven J. - 2023

discuss some implications of the big shift for pay, productivity, and the pace of innovation. Over the next five years, U …

Persistent link: https://www.econbiz.de/10014377339

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