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Monetary commitment and structural reforms: A dynamic panel analysis for transition economies

Belke, Ansgar; Vogel, Lukas - 2012

This paper examines the contemporaneous relationship between the exchange rate regime and structural economic reforms for a sample of CEEC/CIS transition countries. We investigate empirically whether structural reforms are complements or substitutes for monetary commitment in the attempt to...

Persistent link: https://www.econbiz.de/10010287667

Labor market institutions and informality in transition and Latin American countries

Lehmann, Hartmut; Muravyev, Alexander - 2012

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/10010291406

The persistence of informality: Evidence from panel data

Akay, Alpaslan; Khamis, Melanie - 2011

Informality is a growing phenomenon in the developing and transition country labor market context. In particular, it is noticeable that working in an informal employment relationship is often not temporary. The degree of persistence of informality in the labor market might be due to different...

Persistent link: https://www.econbiz.de/10010282565

The shadow economy and work in the shadow: What do we (not) know?

Schneider, Friedrich - 2012

In this paper the main focus lies on the shadow economy and on work in the shadow in OECD, developing and transition countries. Besides informal employment in the rural and non-rural sector also other measures of informal employment like the share of employees not covered by social security, own...

Persistent link: https://www.econbiz.de/10010282621

The nature of occupational unemployment rates in the United States: hysteresis or structural?

Candelon, Bertrand; Dupuy, Arnaud; Gil-Alana, Luis - 2008

for the debate between the structural or hysteresis hypotheses. We develop a procedure that permits us to test for the … the 0/1 paradigm about the order of integration, usually implemented for testing the hypothesis of hysteresis in … occupational unemployment. In almost all occupations, we find support for both the structuralist and the hysteresis hypotheses, but …

Persistent link: https://www.econbiz.de/10010268561

Unemployment, Growth and Fiscal Policy : New Insights on the Hysteresis Hypothesis

Sorolla, Valeri; Sala, Héctor; Raurich, Xavier - 2004

equilibrium paths. Hysteresis is viewed as the result of a selection between these different equilibrium paths. We use this model … of the 1970?s may have played a central role in generating hysteresis. …

Persistent link: https://www.econbiz.de/10010276428

Persistencies in the labour market

Frijters, Paul; Lindeboom, Maarten; van den Berg, Gerard J. - 2009

transition rates. We focus on hysteresis effects of the durations and incidence of previous spells out of work. We estimate … rates to work, and sometimes also from work. The quantitative magnitude of persistency and hysteresis effects on inequality …

Persistent link: https://www.econbiz.de/10010277329

Worker Identity, Employment Fluctuations and Stabilization Policy

Snower, Dennis J.; Lechthaler, Wolfgang - 2013

This paper provides a model of social hysteresis whereby long, deep recessions demotivate workers and thereby lead them …

Persistent link: https://www.econbiz.de/10010319518

Reform redux: measurement, determinants and reversals

Campos, Nauro F.; Horváth, Roman - 2006

We construct objective measures of privatization, internal and external liberalization reform efforts, across countries over time, and investigate their determinants, reversals and macroeconomic impacts. We find that GDP growth determines external liberalization and privatization, concentration...

Persistent link: https://www.econbiz.de/10010267675

Lobbying, corruption and political influence

Campos, Nauro F.; Giovannoni, Francesco - 2006

Conventional wisdom suggests that lobbying is the preferred mean for exerting political influence in rich countries and corruption the preferred one in poor countries. Analyses of their joint effects are understandably rare. This paper provides a theoretical framework that focus on the...

Persistent link: https://www.econbiz.de/10010267946

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