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provide a quantitative summary of the available evidence regarding the influence of labour market institutions on real wage …
Persistent link: https://www.econbiz.de/10005822141
characteristics of workers, changes in the institutions of the labour market, in skill-biased technological progress and increasing …
Persistent link: https://www.econbiz.de/10005822491
We analyze the endogenous evolution of economic and political institutions and the interdependencies with the process … of economic development. Favorable economic institutions ensure the appropriability of rents in form of a state of law … necessary. Inequality in endowments and incomes prolongs the absence of good institutions and delays democratization. Conversely …
Persistent link: https://www.econbiz.de/10005822516
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
We analyze a large stratified random sample of firms that provide us with measures of performance and each firm’s top manager’s perception of the severity of business environment constraints faced by his/her firm. Unlike most existing studies that rely on external and aggregated proxy...
Persistent link: https://www.econbiz.de/10005822639
. Institutions and other structural factors are also found to be significant and important determinants of the rate of part …
Persistent link: https://www.econbiz.de/10005822753
literature also provides evidence of the long lived nature of institutions and the link between institutions and decision making …
Persistent link: https://www.econbiz.de/10005822895
measurable skills. We conclude with a discussion of the role of regulations and institutions as one possible mechanism for these …
Persistent link: https://www.econbiz.de/10009416931
We document that trust in public institutions – and particularly trust in banks, business and government – has declined … institutions. Cross-country comparisons reveal a clear legacy of the Great Recession, and those countries whose unemployment grew … the most suffered the biggest loss in confidence in institutions, particularly in trust in government and the financial …
Persistent link: https://www.econbiz.de/10008868129
countries, communities on both sides of the long-gone Habsburg border have been sharing common formal institutions for a century …
Persistent link: https://www.econbiz.de/10008876566