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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
they threaten the stability of the world economy. More recently, the government debt crisis of the European Union shows …
Persistent link: https://www.econbiz.de/10012930946
The British Industrial Revolution triggered a reversal in the social order of society whereby the landed elite was replaced by industrial capitalists rising from the middle classes as the economically dominant group. Many observers have linked this transformation to the contrast in values...
Persistent link: https://www.econbiz.de/10012707835
In this paper, we explore the deep economic crisis experienced by the Turkish economy in 2001 and 2008 as quasi-experiments to causally identify the association between economically challenging conditions in-utero and child's birth weight. First, we utilize the temporal and spatial variations of...
Persistent link: https://www.econbiz.de/10012843173
With fortuitously timed data collected before, during and after a major macro-financial crisis in Bulgaria, we revisit several hypotheses in the economics and nutritional literature related to the tendency of households to smooth their nutritional status over time. We explore the dietary impact...
Persistent link: https://www.econbiz.de/10013127325