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;compositionquot; effect defined as a payroll tax bias (PTB): the proportion of payroll taxes paid by employees with respect to the one paid by … of taxes. Controlling for demand-side and supply-side determinants of unemployment, we show that the PTB plays a …
Persistent link: https://www.econbiz.de/10012760788
Redistributive systems in Africa are still in their infancy but are constantly expanding in order to finance increasing public spending. This paper aims at characterizing the redistributive potential of six African countries: Ghana, Zambia, Mozambique, Tanzania, Ethiopia and South Africa. These...
Persistent link: https://www.econbiz.de/10012894556
On January 1st 1994 Portugal introduced, for the first time, inflation indexation in the old-age pension formula. This change considerably decreased the uncertainty regarding the perception of the link between the stream of labor earnings and future pensions. The effect of indexation was large...
Persistent link: https://www.econbiz.de/10013029146
We examine the effect of joining the European Union on individual life satisfaction in Bulgaria and Romania in the … context of the 2007 EU enlargement. Although EU membership is among the most important events in Bulgaria and Romania's modern … life satisfaction in Bulgaria and had a positive but statistically insignificant effect in Romania. One explanation is that …
Persistent link: https://www.econbiz.de/10013001327
This paper analyzes, using country-level panel data from transition economies and Latin America, the impact of labor market institutions on informal economic activity. The measure of informal economic activity is taken from Schneider et al. (2010), the most comprehensive study to date. The data...
Persistent link: https://www.econbiz.de/10013096470
During the period 1991-93, Finland experienced the deepest economic downturn in an industrialized country since the 1930s. We argue that the culprit behind this Great Depression was the collapse of Finnish trade with the Soviet Union, because it induced a costly restructuring of the...
Persistent link: https://www.econbiz.de/10012749800
The paper discusses how the Russian labor market has been evolving over two decades of the transition. It starts with tracing key labor market indicators such as employment, unemployment, labor force participation, working hours, and real wages. Their dynamics indicate that the labor market...
Persistent link: https://www.econbiz.de/10013038147
. Using recent data from Russia for 2000-2008, we find that the introduction of corporate governance codes in Russia had … from high central taxes, which may also induce some businesses to go underground, thus harming firm performance …
Persistent link: https://www.econbiz.de/10013106948
The transition economies have lower rates of entrepreneurship than are observed in most developed and developing market economies. The difference is even more marked in the countries of the former Soviet Union than those of Central and Eastern Europe. We link these differences partly with the...
Persistent link: https://www.econbiz.de/10013146838
flatter in Russia and steeper and lower in Poland than in Britain. The characteristics of workers hired in the state and … new private sector jobs in Russia appear to offer wage premia relative to new state jobs. We argue that these observations …
Persistent link: https://www.econbiz.de/10013321340