Through panel estimates using OECD country-industry statistics, this paper aims to clarify the determinants of rent … creation and the mechanisms of rent sharing, and the role of market regulations in these processes. The empirical analysis is … carried out in two steps. The first explains the rent creation process. For each country-industry-year observation, the size …

Rent seeking within the vast informal segment of the developing world is a relatively underdexplored topic in the … interface of labor market policies and public economics. Moreover, how rent seeking and corruption within the informal segment … rent seeking in the informal sector and raise the pay-off for those involved in rent seeking activities. When formal sector …

workers' compensation, living wages, and prevailing wages. We discuss rent seeking/predation, coalition formation, judicial …

individuals' allocation of time between promotion/rent-seeking and productive activity. We consider the effect of an increase in …

The social costs of rent seeking are generally evaluated with respect to rent dissipation. A common assumption is … complete rent dissipation so that the value of a contested rent is the value of social loss. When rent seekers earn taxable … income, there is interdependence between the social cost of rent seeking through rent dissipation and the excess burden of …

type. We consider a contest with two interest groups: one that is governed by a central planner and one that is not. Rent … of rent dissipation, with the goal of either increasing the rent obtained by the government or reducing the wasted …

In this paper we analyse how labour market institutions and technology affect wagedetermination through rent sharing …

outcomes. The natural explanation is that Dutch dentists extract a monopoly rent, which we attribute to the limited supply of … dentists in the Netherlands. We discuss policies to curtail this rent …