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Institutions and Economic Performance : What Can Be Explained?
Commander, Simon John - 2010
Institutions are now widely believed to be important in explaining performance. In this paper, we analyze whether commonly used measures of institutions have any significant, measurable impact on performance, whether of countries or firms. We look at three 'levels' of institutions and associated...
Persistent link: https://www.econbiz.de/10013136777
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Culture, Institutions and the Wealth of Nations
Gorodnichenko, Yuriy - 2010
-collectivism. The model predicts that more individualism leads to more innovation because of the social rewards associated with … innovation in an individualist culture. This cultural effect may offset the negative effects of bad institutions on growth … individualism on growth through innovation. Using genetic data as instruments for culture we provide strong evidence of a causal …
Persistent link: https://www.econbiz.de/10013137795
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Labor Market Policy : A Comparative View on the Costs and Benefits of Labor Market Flexibility
Kahn, Lawrence M. - 2010
I review theories and evidence on wage-setting institutions and labor market policies in an international comparative context. These include collective bargaining, minimum wages, employment protection laws, unemployment insurance (UI), mandated parental leave, and active labor market policies...
Persistent link: https://www.econbiz.de/10013139696
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For Benevolence and for Self-Interest : Social and Commercial Entrepreneurial Activity Across Nations
Estrin, Saul - 2011
We conceptualise social entrepreneurship as a source of social capital which, when present in the environment, enhances commercial entrepreneurship. We also argue that social entrepreneurship should be recognised as a second form of Baumol's (1990) productive entrepreneurship and that it will...
Persistent link: https://www.econbiz.de/10013123596
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Globalization, Institutions, and the Ethnic Divide : Recent Longitudinal Evidence
Wunnava, Phani V. - 2012
This paper investigates the determinants of economic growth emphasizing the role of institutional quality, social fragmentation, and increasing global integration on recent growth experience. Our longitudinal data consists of 103 countries covering the period 1992-2005. We find that democracies...
Persistent link: https://www.econbiz.de/10013107710
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The Role of Institutions and Firm Heterogeneity for Labour Market Adjustment : Cross-Country Firm-Level Evidence
Gal, Peter N. - 2013
This paper investigates the role of policies and institutions for aggregate labour market dynamics during the recent financial crisis using firm-level data. First, it provides comparable estimates on firm-level labor adjustment by country, industry and firm size. Second, using variance...
Persistent link: https://www.econbiz.de/10013081802
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Thresholds in the Process of International Financial Integration
Kose, M. Ayhan - 2009
The financial crisis has re-ignited the fierce debate about the merits of financial globalization and its implications for growth, especially for developing countries. The empirical literature has not been able to conclusively establish the presumed growth benefits of financial integration....
Persistent link: https://www.econbiz.de/10013160313
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Do Institutions Have a Greater Effect on Female Entrepreneurs?
Estrin, Saul - 2009
This paper compares the impact of institutions on individual decisions to become entrepreneurs in the form of new business start ups by males and females across 44 developed and developing economies between 1998 and 2004. We test four hypotheses; that women are less likely to undertake...
Persistent link: https://www.econbiz.de/10013153505
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Monotheism (from a Sociopolitical and Economic Perspective)
Iyigun, Murat - 2007
The Axial Age, which lasted between 800 B. C. E. and 200 B. C. E., covers an era in which the spiritual foundations of humanity were laid simultaneously and independently in various geographic areas, and all three major monotheisms of Judaism, Christianity and Islam were born between 1200 B. C....
Persistent link: https://www.econbiz.de/10012775813
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Trust, Growth and Well-Being : New Evidence and Policy Implications
Algan, Yann - 2015
interactions between trust and economic development in the realms of finance, innovation, the organization of firms, the labor …
Persistent link: https://www.econbiz.de/10013035397