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Conceptualising informality: regulation and enforcement
Kanbur, Ravi - 2009
specified regulation(s). Relative to the regulation(s), four conceptual categories that can help frame the analysis are: (A …) regulation applicable and compliant, (B) regulation applicable and non-compliant, (C) regulation non-applicable after adjustment … of activity, and (D) regulation non-applicable to the activity. Rather than use the generic labels 'informal' and 'formal …
Persistent link: https://www.econbiz.de/10010269039
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The determinants of asset stripping: theory and evidence from the transition economies
Campos, Nauro F.; Giovannoni, Francesco - 2005
model, measure and investigate this process empirically. This paper tries to fill this gap by putting forward theory and …
Persistent link: https://www.econbiz.de/10010267582
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Reputations, relationships and the enforcement of incomplete contracts
MacLeod, W. Bentley - 2006
This paper discusses the literature on the enforcement of incomplete contracts. It compares legal enforcement to enforcement via relationships and reputations. A number of mechanisms, such as the repeat purchase mechanism (Klein and Leffler (1981)) and efficiency wages (Shapiro and Stiglitz...
Persistent link: https://www.econbiz.de/10010267674
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Illegal migration, enforcement and minimum wage
Epstein, Gil S.; Heizler, Odelia - 2007
This paper examines the connection between illegal migration, minimum wages and enforcement policy. We first explore the employers' decision regarding the employment of illegal migrants in the presence of an effective minimum wage. We show that the employers' decision depends on the wage gap...
Persistent link: https://www.econbiz.de/10010268418
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Reputation and credit market formation: how relational incentives and legal contract enforcement interact
Fehr, Ernst; Zehnder, Christian - 2009
The evidence suggests that relational contracting and legal rules play an important role in credit markets but on the basis of the prevailing field data it is difficult to pin down their causal impact. Here we show experimentally that relational incentives are a powerful causal determinant for...
Persistent link: https://www.econbiz.de/10010269410
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Rule of law, institutional quality and information
Bruno, Randolph Luca - 2008
The focus of this paper is the analysis of the persistent lawlessness attitude observed in some transition and developing countries where an overall increase in the quality of institutions is recorded. The mechanism of information diffusion on institutional quality is explored using a model...
Persistent link: https://www.econbiz.de/10010271882
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Status-seeking in criminal subcultures and the double dividend of zero-tolerance
Dur, Robert; van der Weele, Joël - 2011
This paper offers a new argument for why a more aggressive enforcement of minor offenses (zero-tolerance) may yield a double dividend in that it reduces both minor offenses and more severe crime. We develop a model of criminal subcultures in which people gain social status among their peers for...
Persistent link: https://www.econbiz.de/10010274578
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Firm heterogeneity, informal wage and good governance
Kar, Saibal; Marjit, Sugata - 2011
We provide an analysis of enforcement policies applicable to formal sector in dual labor markets. We use a framework with heterogeneous firms, endogenous determination of informal wage and politically dictated enforcement strategies. Firms which operate both in the formal and informal sectors do...
Persistent link: https://www.econbiz.de/10010280733
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Transnational trafficking, law enforcement and victim protection: A middleman trafficker's perspective
Akee, Randall K. Q.; Bedi, Arjun S.; Basu, Arnab K.; … - 2011
We explore three hitherto poorly understood characteristics of the human trafficking market - the cross-border ease of mobility of traffickers, the relative bargaining strength of traffickers and final buyers, and the elasticity of buyers' demand. In a model of two-way bargaining, the exact...
Persistent link: https://www.econbiz.de/10010282477
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Product market regulation and macroeconomic performance: a review of cross country evidence
Schiantarelli, Fabio - 2005
country data to study the effect of product market regulation and reform on a country's macroeconomic performance. After a … of product market regulation on mark-ups, firm dynamics, investment, employment, innovation productivity, and output …
Persistent link: https://www.econbiz.de/10010267501