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Foreign Direct Investment, Labour Market Regulation and Self-Interested Governments
Palokangas, Tapio - 2003
This document examines foreign direct investment (FDI) when multinationals and labour unions bargain over labour contracts and lobby the self-interested government for taxation and labour market regulation. We demonstrate that right-to-manage bargaining predicts higher returns for FDI than does...
Persistent link: https://www.econbiz.de/10010261532
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Social networks
de Martí, Joan; Zenou, Yves - 2009
We survey the literature on social networks by putting together the economics, sociological and physics/applied mathematics approaches, showing their similarities and differences. We expose, in particular, the two main ways of modeling network formation. While the physics/applied mathematics...
Persistent link: https://www.econbiz.de/10010275834
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Lobbying, corruption and other banes
Campos, Nauro F.; Giovannoni, Francesco - 2008
Although the theoretical literature often uses lobbying and corruption synonymously, the empirical literature … associates lobbying with the preferred mean for exerting influence in developed countries and corruption with the preferred one … between bribing and lobbying. We test our predictions using survey data for about 6000 firms in 26 countries. Our results …
Persistent link: https://www.econbiz.de/10010268635
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Redistributive politics and market efficiency: an experimental study
Großer, Jens; Reuben, Ernesto - 2009
We study the interaction between competitive markets that produce large but unequally distributed welfare gains and elections through which the poor majority can redistribute income away from the rich minority. In our simple laboratory democracy, subjects first earn their income by trading in a...
Persistent link: https://www.econbiz.de/10010269668
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Dynamic female labor supply
Eckstein, Zvi; Lifshitz, Osnat - 2009
The increase in female employment and participation rates is one of the most dramatic economic changes to have taken place during the last century. However, while the employment rate of married women more than doubled during the last fifty years, that of unmarried women remained almost constant....
Persistent link: https://www.econbiz.de/10010269438
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Directed search in the housing market
Albrecht, James; Gautier, Pieter A.; Vroman, Susan - 2009
In this paper, we present a directed search model of the housing market. The pricing mechanism we analyze reflects the way houses are bought and sold in the United States. Our model is consistent with the observation that houses are sometimes sold above, sometimes below and sometimes at the...
Persistent link: https://www.econbiz.de/10010269591
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An Explanation of International Differences in Education and Workplace Training
Brunello, Giorgio; Medio, Alfredo - 2000
We develop a simple search equilibrium model of workplace training and education based on two features. First, investment in education improves job-related learning skills and reduces training costs burdened by firms. Second, firms with vacant skilled job slots can choose between recruitment...
Persistent link: https://www.econbiz.de/10010262339
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Uncertainty and the politics of employment protection
Vindigni, Andrea - 2008
This paper investigates the role that idiosyncratic uncertainty plays in shaping social preferences over the degree of labor market flexibility, in a general equilibrium model of dynamic labor demand where the productivity of firms evolves over time as a Geometric Brownian motion. A key result...
Persistent link: https://www.econbiz.de/10010268688
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The different extent of privatisation proceeds in EU countries: a preliminary explanation using a public choice approach
Belke, Ansgar; Baumgärtner, Frank; Schneider, Friedrich G. - 2005
This paper empirically investigates the differences in the motives of raising privatisation proceeds for a panel of EU countries from 1990 to 2000. More specifically, we test whether privatisations can be mainly interpreted (a) as ingredients of a larger reform package of economic liberalisation...
Persistent link: https://www.econbiz.de/10010276651
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Do interest groups affect immigration?
Facchini, Giovanni; Mayda, Anna Maria; Mishra, Prachi - 2007
the total number of immigrants and H1B visas with data on lobbying expenditures associated with immigration. We find … larger lobbying expenditures and higher in sectors where labor unions are more important. …
Persistent link: https://www.econbiz.de/10010268468