Showing 1 - 10 of 32
This paper reviews how income-support systems affect labour force participation in the UK. The UK's approach to social insurance is basic security, with modest, typically flat-rate, benefits; insurance-based benefits are relatively unimportant. Compared with the EU, the UK has high employment...
Persistent link: https://www.econbiz.de/10010273971
contract incentives, wage satisfaction), (ii) institutions (e.g. technology transfer offices, patent exploitation agencies … support infrastructure for start-ups in German academic institutions, these services are little known amongst their staff …
Persistent link: https://www.econbiz.de/10011573969
smaller countries that were historically backward and developed a different set of political and economic institutions during … political institutions for the long-run evolution of wealth-income ratios. …
Persistent link: https://www.econbiz.de/10011406159
Does official aid pave the road for private foreign investment or does it suffocate private initiative by diverting resources towards unproductive activities? In this paper we explore this question using data for a large number of developing and emerging economies. Controlling for countries'...
Persistent link: https://www.econbiz.de/10011430042
control group, I develop an empirical strategy that disentangles the partial effects of institutions and of endowments on … income. I find that institutions are the main determinant of development, but that endowments have a sizeable direct impact … mix up the effect of the historical determinants of institutions with the sizeable direct impact of access to trade and of …
Persistent link: https://www.econbiz.de/10011430076
institutions, and tests whether such labor rigidities are conducive to long-run growth. We find that non-enforceable labor …
Persistent link: https://www.econbiz.de/10010278199
This paper revisits the effects of a country's institutional framework on individual firms' behavior, in particular focusing on their propensity to comply with legal rules. The theoretical model presented here suggests that these effects may be of paramount significance-contrary to the recently...
Persistent link: https://www.econbiz.de/10010278238
A growing body of recent macroeconomic evidence suggests that volatility is detrimental to economic growth. The channels through which volatility affects growth, however, are less clear; substantive evidence based on disaggregate data is almost non-existent. This paper offers a framework in...
Persistent link: https://www.econbiz.de/10010278247
operation of formal and informal institutions. It also serves a less obvious function, a reassuring quality more closely related …
Persistent link: https://www.econbiz.de/10010278281
workers also increases. Convergence depends to some degree on the quality of the institutions, namely, the rule of law. Not …
Persistent link: https://www.econbiz.de/10010278286