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In this paper institutions are understood as rules of individual behavior. The focus is on the impacts of institutions … West Germany. In the background of this analysis, the influence of institutions on the allocation of resources is examined …
Persistent link: https://www.econbiz.de/10010260759
): "Moreover, ?third factors?, such as a country?s legal system and political institutions certainly drive both financial and …
Persistent link: https://www.econbiz.de/10010260778
The deterioration of the income and employment position of unskilled workers in the OECD since the 1980s is a well-documented fact. The debate about the causes of this development is dominated by two competing hypotheses, "North-South Trade" ("globalisation") and technological progress. Several...
Persistent link: https://www.econbiz.de/10010260654