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Shadow Economy, Tax Morale, Governance and Institutional Quality : A Panel Analysis
Torgler, Benno - 2007
This paper analyses how governance or institutional quality and tax morale affect the shadow economy, using an … evidence using within country data. Using more than 25 proxies that measure governance and institutional quality we find strong …
Persistent link: https://www.econbiz.de/10012777822
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The Impact of Tax Morale and Institutional Quality on the Shadow Economy
Torgler, Benno - 2007
This paper analyses how tax morale and countries' institutional quality affect the shadow economy, controlling in a multivariate analysis for a variety of potential factors. The literature strongly emphasizes the quantitative importance of these factors to understand the size and development of...
Persistent link: https://www.econbiz.de/10012777897
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Does Reform Work? An Econometric Examination of the Reform-Growth Puzzle
Babetskii, Ian; Campos, Nauro F. - 2021
Why are socially beneficial reforms not implemented? One simple answer to this question (which has received little attention in the literature) is that this may be caused by generalized uncertainty about the effectiveness of reforms. If agents are unsure about whether a proposed reform will...
Persistent link: https://www.econbiz.de/10013317203
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Should Easier Access to International Credit Replace Foreign Aid?
Bandyopadhyay, Subhayu - 2011
We examine the interaction between foreign aid and binding borrowing constraint for a recipient country. We also analyze how these two instruments affect economic growth via non-linear relationships. First of all, we develop a two-country, two-period trade-theoretic model to develop testable...
Persistent link: https://www.econbiz.de/10013119295
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International Specialization and the Return to Capital
Batista, Catia - 2010
How does factor accumulation affect the pattern of international specialization and returns to capital? We provide a new integrated treatment to this question using a panel of 44 developing and developed countries over the period 1976-2000. We confirm the Heckscher-Ohlin prediction that, with...
Persistent link: https://www.econbiz.de/10013148352
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Earnings Over the Life Cycle : The Mincer Earnings Function and its Applications
Polachek, Solomon W. - 2021
In 1958 Jacob Mincer pioneered an important approach to understand how earnings are distributed across the population. In the years since Mincer's seminal work, he as well as his students and colleagues extended the original human capital model, reaching important conclusions about a whole array...
Persistent link: https://www.econbiz.de/10013316685
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Offshoring and Labor Markets
Hummels, David L. - 2016
its strength and weakness, discuss its connections with theory, and draw out potential policy implications of its findings …
Persistent link: https://www.econbiz.de/10012997459
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A Nonparametric Examination of Capital-Skill Complementarity
Henderson, Daniel J. - 2021
This paper uses nonparametric kernel methods to construct observation-specific elasticities of substitution for a balanced panel of 73 developed and developing countries to examine the capital-skill complementarity hypothesis. The exercise shows some support for capital-skill complementarity,...
Persistent link: https://www.econbiz.de/10013324750
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What Explains the Rise in CEO Pay in Germany? A Panel Data Analysis for 1977-2009
Fabbri, Francesca - 2012
The compensation of executive board members in Germany has become a highly controversial topic since Vodafone's hostile … unique panel data evidence of the 500 largest firms in Germany in the period 1977-2009 we test two prominent hypotheses in … manager power hypothesis for Germany as executives tend to be rewarded when the sector is doing well rather than the firm they …
Persistent link: https://www.econbiz.de/10013108264
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Aggregation in Large Dynamic Panels
Pesaran, M. Hashem - 2011
concludes with an empirical application to consumer price inflation in Germany, France and Italy, and re-examines the extent to …
Persistent link: https://www.econbiz.de/10013129942