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as they attempt to reform their frameworks for financial regulation. These economies are striving to balance the quest … objectives can in fact reinforce one another. I also discuss aspects of macroeconomic policies and cross-border regulation that …
Persistent link: https://www.econbiz.de/10013136951
This paper examines how stringent de facto firing regulations affect firm size throughout the developing world. We …
Persistent link: https://www.econbiz.de/10013037589
monopsony power of firms, even though regulation generates lower employment and income. Empirically, we do find that individuals … first century and family values prevailing before World War II, which suggests that labor market regulations have deep …
Persistent link: https://www.econbiz.de/10013147861
Using firm level data on 70,000 enterprises in 107 countries, this paper finds important effects of access to finance, business regulations, corruption, and to a lesser extent, infrastructure bottlenecks in explaining patterns of job creation at the firm level. The paper focuses on how the...
Persistent link: https://www.econbiz.de/10013316735
This paper analyzes the influence of the shadow economy on corruption and vice versa. We hypothesize that corruption and shadow economy are substitutes in high income countries while they are complements in low income countries. The hypotheses are tested for a crosssection of 120 countries and a...
Persistent link: https://www.econbiz.de/10013318034
regulation to an international agent eliminates that distortion, increasing wages and aggregate welfare …
Persistent link: https://www.econbiz.de/10012965021
. Between 2008 and 2009, Ireland experienced one of the most acute downturns in economic activity in the industrialised world …
Persistent link: https://www.econbiz.de/10013137549
This paper provides an evaluation of the status of migrant workers in Germany amidst the global financial crisis. Findings of the study are drawn from the latest available data on the labour market performance of native-German and non-German migrant workers as well as other socioeconomic...
Persistent link: https://www.econbiz.de/10013139038
We examine changes in migration to the UK in the period leading up to the Great Recession and in its immediate aftermath. In so doing, we pay particular attention to the changing countries of origin of recent migration flows to the UK, especially in relation to migration from other parts of the...
Persistent link: https://www.econbiz.de/10013047863
The economic literature starting with Borjas (2001) suggests that immigrants are more flexible than natives in responding to changing sectoral, occupational, and spatial shortages in the labor market. In this paper, we study the relative responsiveness to labor shortages by immigrants from...
Persistent link: https://www.econbiz.de/10012966065