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Culture, institutions and the wealth of nations
Gorodnichenko, Yuriy; Roland, Gerard - 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/10010274699
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When Does FDI Have Positive Spillovers? Evidence from 17 Transition Market Economies
Gorodnichenko, Yuriy; Svejnar, Jan; Terrell, Katherine - 2013
We use rich firm-level data and national input-output tables from 17 countries over the 2002-2005 period to test new and existing hypotheses about the impact of foreign direct investment (FDI) on the efficiency of domestic firms in the host country (i.e., spillovers). We document that backward...
Persistent link: https://www.econbiz.de/10010329186
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Why Do People Still Live in East Germany?
Hunt, Jennifer - 2000
In 1997 GDP per capita in East Germany was 57% of that of West Germany, wage rates were 75% of western levels, and the unemployment rate was at least double the western rate of 7.8%. One would expect that if capital flows and trade in goods failed to bring convergence, labor flows would respond,...
Persistent link: https://www.econbiz.de/10010262346
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Equilibrium Wage Arrears: A Theoretical and Empirical Analysis of Institutional Lock-In
Earle, John S.; Sabirianova, Klara Z. - 2000
We present a model of wage contract violation that implies a possibility of multiple equilibria in the level of arrears. Positive feedback arises because each employer's arrears affect the costs of late payment faced by other employers operating in the same labor market, resulting in a network...
Persistent link: https://www.econbiz.de/10010262404
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Informal Employment in Transition Countries: Empirical Evidence and Research Challenges
Lehmann, Hartmut - 2014
Even though informal employment is wide-spread in transition economies the literature on this phenomenon in the region is rather scarce. For policy makers it is important to know the incidence and the determinants of informal employment. In the first part of the paper we demonstrate that its...
Persistent link: https://www.econbiz.de/10010481579
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When Does FDI Have Positive Spillovers? Evidence from 17 Transition Market Economies
Gorodnichenko, Yuriy; Svejnar, Jan; Terrell, Katherine - Institute for the Study of Labor (IZA) - 2013
We use rich firm-level data and national input-output tables from 17 countries over the 2002-2005 period to test new and existing hypotheses about the impact of foreign direct investment (FDI) on the efficiency of domestic firms in the host country (i.e., spillovers). We document that backward...
Persistent link: https://www.econbiz.de/10010884338
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Pulls, Pushes and Entitlement Failures in Labor Markets: Does the State of Development Matter?
Bhaumik, Sumon Kumar; Dimova, Ralitza; Nugent, Jeffrey B. - Institute for the Study of Labor (IZA) - 2006
This study adapts a relatively novel model of off-farm labor supply to the changing conditions of Bulgaria during the 1990s. The model’s parameters are estimated separately for each of the three different waves of the Bulgarian Integrated Household Survey, each reflecting remarkably different...
Persistent link: https://www.econbiz.de/10005233812
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Why Do People Still Live in East Germany?
Hunt, Jennifer - Institute for the Study of Labor (IZA) - 2000
In 1997 GDP per capita in East Germany was 57% of that of West Germany, wage rates were 75% of western levels, and the unemployment rate was at least double the western rate of 7.8%. One would expect that if capital flows and trade in goods failed to bring convergence, labor flows would respond,...
Persistent link: https://www.econbiz.de/10005703144
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From the Shortage of Jobs to the Shortage of Skilled Workers: Labor Markets in the EU New Member States
Rutkowski, Jan - Institute for the Study of Labor (IZA) - 2007
Labor markets in the transition economies of Central and Eastern Europe underwent a dramatic transformation. Notably, this transformation took place within just a few years. Until the mid-2000s job opportunities were scarce and unemployment was high. But since then labor demand has picked up and...
Persistent link: https://www.econbiz.de/10005822263
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Equilibrium Wage Arrears: A Theoretical and Empirical Analysis of Institutional Lock-In
Earle, John S.; Sabirianova, Klara Z. - Institute for the Study of Labor (IZA) - 2000
We present a model of wage contract violation that implies a possibility of multiple equilibria in the level of arrears. Positive feedback arises because each employer's arrears affect the costs of late payment faced by other employers operating in the same labor market, resulting in a network...
Persistent link: https://www.econbiz.de/10005822557