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The aim of this paper is to provide new empirical evidence on the impact of international financial integration on the long-run Real Exchange Rate (RER) in 39 developing countries belonging to three different geographical regions (Latin America, Asia and MENA). It covers the period 1979-2004,...
Persistent link: https://www.econbiz.de/10010271575
into account firm heterogeneity. We find support for the prediction that competition has a negative effect on innovation … are important channels for domestic firm innovation. We do not find support for the inverted U effect of competition on … innovation. There is partial support for the hypothesis that firms in a more pro-business environment invest more in innovation …
Persistent link: https://www.econbiz.de/10010268909
Drawing on the nationally representative "Participation and Expenditure in Education" surveys, we document the incidence and cost of private tutoring at different stages of schooling over the last two decades in India. As private tutoring involve two decisions: a) whether to take private tuition...
Persistent link: https://www.econbiz.de/10011125862
in U.S. refugee admissions starting in 2017 costs the overall U.S. economy today over $9.1 billion per year ($30,962 per … missing refugee per year, on average) and costs public coffers at all levels of government over $2.0 billion per year ($6 … during the same period likewise carry ongoing costs in the billions of dollars per year. These estimates imply that barriers …
Persistent link: https://www.econbiz.de/10013351856
How have changes in the costs of enrolling full-time at public two- and four-year colleges affected student decisions … public four-year colleges we study the impact of public higher education costs on the post-secondary enrollment decisions of … college, a public four-year university in their state of residence, other colleges, or no college at all, as relative costs …
Persistent link: https://www.econbiz.de/10013351859
tradeoff between the costs of turnover and two other costs, higher pay to offset bad working conditions (compensating …
Persistent link: https://www.econbiz.de/10014469646
Drawing on the nationally representative "Participation and Expenditure in Education" surveys, we document the incidence and cost of private tutoring at different stages of schooling over the last two decades in India. As private tutoring involve two decisions: a) whether to take private tuition...
Persistent link: https://www.econbiz.de/10010481669
Product market regulation and employment protection are highly correlated across OECD countries. Using an augmented model of monopolistic competition we show why in countries with more regulated product markets, incumbent workers prefer to protect jobs relatively more. Product market regulation...
Persistent link: https://www.econbiz.de/10010261597
costly. We show in a model with step-by-step innovations that dismissal costs spur innovation if product markets are not too …Collective dismissal costs are an important part of employment protection legislation (EPL) and make firms' exit more … to innovate. But dismissal costs decrease the absolute value of firms and induce exit. These opposite effects and their …
Persistent link: https://www.econbiz.de/10010261602
This paper shows that monitoring too much a partner in the initial phase of a relationship may not be optimal if the goal is to determine his loyalty to the match and if the cost of ending the relationship increases over time. The intuition is simple: by monitoring too much we learn less on how...
Persistent link: https://www.econbiz.de/10010261760