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This note investigates the effects of the education level, product market rigidities and employment protection legislation on growth. It exploits macro-panel data for OECD countries. For countries close to the technological frontier, education and rigidities are significantly related to TFP...
Persistent link: https://www.econbiz.de/10003586568
We provide a methodology to study the role of market distortions on the emergence of indeterminacy and bifurcations. Most of the specific market imperfections considered in the related literature are particular cases of our framework. Comparing them we obtain several equivalence results in terms...
Persistent link: https://www.econbiz.de/10009235089
Brazil, Russia, India, China and South Africa (BRICS). We contribute to addressing this gap by exploring the patterns of …
Persistent link: https://www.econbiz.de/10009786965
between FDI and entrepreneurship; positive spillovers via dissemination of technology or negative because of crowding out. Our … entrepreneurship in aggregate and intra‐industry to be negative. Policies need to consider how to counteract this effect. …
Persistent link: https://www.econbiz.de/10010224595
access in promoting entrepreneurship among informal sector firms in India. Our results are robust to alternative … what directions? We take advantage of nationwide data collected in 2010/11 and 2015/16 by India's National Sample Survey …
Persistent link: https://www.econbiz.de/10012314972
We study the role of formal institutions of contract enforcement in facilitating investments in small and medium firms(MSME). In a framework where established entrepreneurs can enforce contracts informally using their network ties and hierarchical advantage, we argue that an efficient formal...
Persistent link: https://www.econbiz.de/10012806063
We develop a framework for quantifying barriers to labor force participation (LFP) and entrepreneurship faced by women … in India. We find substantial barriers to LFP, and higher costs of expanding businesses through the hiring of workers for …, policies promoting female entrepreneurship can significantly increase female LFP even without explicitly targeting female LFP …
Persistent link: https://www.econbiz.de/10015062027
Persistent link: https://www.econbiz.de/10002226214
A striking feature of the past few decades has been the development of wage-determination models that assume that labour markets are imperfectly competitive. This paper discusses two such models (trade unions and oligopsony), although there are many more. It also asks if imperfectly competitive...
Persistent link: https://www.econbiz.de/10010257588
This paper studies the design of health insurance with ex post moral hazard, when there is imperfect competition in the market for the medical product. Various scenarios, such as monopoly pricing, price negotiation or horizontal differentiation are considered. The insurance contract specifies...
Persistent link: https://www.econbiz.de/10010473189