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Although institutional reforms are necessary to increase rates of entrepreneurship in European countries, we argue that one-size-fits-all reform strategies are unlikely to be successful. Reform strategies must be informed by a better knowledge of the varieties of European capitalism and the...
Persistent link: https://www.econbiz.de/10011444478
We analyze how the Bosman ruling affected the market for star players and talent development in the European football market. We develop a model with sports competition and endogenous ownership of star players in which we show how the stiffer bidding competition over star players after the...
Persistent link: https://www.econbiz.de/10011483929
burdens have higher entrepreneurship rates but less self-employment. Europe has a higher self-employment rate than the United … States and East Asia. At the same time, Europe has a lower entrepreneurship rate than competitor regions. Europe …
Persistent link: https://www.econbiz.de/10010437056
This article surveys the literature and adds to the evidence on the impact of employment protection legislation on employment. While stringent employment protection contributes to less turnover and job reallocation, the effects on aggregate employment and unemployment over the business cycle are...
Persistent link: https://www.econbiz.de/10008936965
This paper estimates the effect of trust on internet use by studying the general population as well as second generation immigrants in 29 European countries with ancestry in 87 nations. There is a significant positive effect of trust on internet use. The positive trust effect is not universal to...
Persistent link: https://www.econbiz.de/10009680826
transmission is stronger in Northern Europe. Ancestry from more developed countries suggests a stronger transmission of trust, but … the heterogeneity in ancestry dissipates for individuals who reside in Northern Europe. The results suggest an interaction … between cultural background and current institutions, where building trust in Northern Europe is a long process but the …
Persistent link: https://www.econbiz.de/10009680874
Since July 2007 the world economy has experienced a severe financial crisis originating in the U.S. housing market. The crisis has subsequently spread to the financial sectors in European and Asian economies and led to a severe worldwide recession. The existing literature on financial crises...
Persistent link: https://www.econbiz.de/10003843236