Showing 1 - 10 of 1,731
We address the impact of corruption in a developing economy in the context of an empirically relevant hold-up problem …'s bureaucracy, which can be centralized or decentralized, and characterize the quot;corruptibilityquot; of bureaucrats in each case …
Persistent link: https://www.econbiz.de/10012778446
We analyze the provision of infrastructure by a foreign investor when the domestic bureaucracy is corrupt, but puts … investment has been sunk, the bureaucracy may hold up the investor, using the threat of expropriation to demand a lower final …
Persistent link: https://www.econbiz.de/10012915722
This paper studies the impact of product and labor market regulations on informality and unemployment in a general framework where formal and informal firms are subject to the same externalities, differing only with respect to some parameter values. Both formal and informal firms have monopoly...
Persistent link: https://www.econbiz.de/10013129903
This paper studies the effects of the introduction of unemployment compensation (UC) in countries characterized by pervasive informality. We provide a simple framework to analyze the impact of UC on the allocation of workers between formal and informal activities, as well as the allocation of...
Persistent link: https://www.econbiz.de/10013085479
those without. Using the recent anti-corruption campaign in China as a quasi-experiment, we investigate how endeavors for … counter-corruption affect inequality and potential cronyism in bureaucratic employment through inter-generational transmission …. First, we conduct a difference-in-differences analysis to compare changes in the probability of working in bureaucracy after …
Persistent link: https://www.econbiz.de/10014076468
corruption in every sector is remarkably high. Stifling bureaucratic interference and corruption at every stage of economic … governance allowing substantial corruption in the system. Based on a study of 20 Indian states, we empirically show that higher … corruption increases level of employment in the informal sector. Further, our analysis also shows that for higher levels of …
Persistent link: https://www.econbiz.de/10013128210
The types of workers recruited into teaching and their allocation across classrooms can greatly influence a country's stock of human capital. This paper considers how markets and non-market institutions determine the quantity, wages, skills, and spatial distribution of teachers in developing...
Persistent link: https://www.econbiz.de/10012840978
This article reviews the recent literature in economics on small-scale entrepreneurship ("microentrepreneurship") in low-income countries. Major themes in the literature include the determinants and consequences of joining the formal sector; the impacts of access to credit and other financial...
Persistent link: https://www.econbiz.de/10012842044
This paper examines the reasons behind the low rates of participation in old age pension programs in developing countries. Using a large set of harmonized household surveys from Latin America we assess how much of the low participation can be explained by involuntary rationing out of jobs with...
Persistent link: https://www.econbiz.de/10012776115
We model decisions with respect to formality or informality for entrepreneurs in a new industry for a developing economy. We show that informality allows a leader to explore, without significant sunk costs, the potential profitability of the industry; that is, informality may be a stepping...
Persistent link: https://www.econbiz.de/10013316884