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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
This paper discusses what determines the preferences of individuals for redistribution. We review the theoretical literature and provide a framework to incorporate various effects previously studied separately in the literature. We then examine empirical evidence for the US, using the General...
Persistent link: https://www.econbiz.de/10010269192
The complementarity between wage setting and welfare spending can explain how almost equally rich countries differ in economic and social equality among their citizens. More wage equality increases the welfare generosity via political competition in elections. A more generous welfare state fuels...
Persistent link: https://www.econbiz.de/10010282252
Using cross-country data, we find evidence for a significant negative interaction effect between democracy and … inequality in determining the quality of growth-promoting institutions like rule of law. Democracy is associated with …
Persistent link: https://www.econbiz.de/10010268341
more important consequence of the presence of a strong military is that once transition to democracy takes place, the …
Persistent link: https://www.econbiz.de/10010268860
relationship according to which democracy is a determinant of economic development? Or is it, conversely, economic development that …
Persistent link: https://www.econbiz.de/10010267954
Using a new set of micro evidence from an original survey of 28 transition countries, we show that democracy increases … reformist parties in the former socialist block lies in a deepening of democracy. …
Persistent link: https://www.econbiz.de/10010268619
individuals and the prevailing unemployment rate in the country impact perceptions of the effectiveness of democracy. We find that … personal joblessness experience translates into negative opinions about the effectiveness of democracy and it increases the … that democracies are ineffective, regardless of joblessness. People's beliefs about the effectiveness of democracy as …
Persistent link: https://www.econbiz.de/10010275889
democracy enhances entry rates for small sized firms but reduces them for medium or large ones. …
Persistent link: https://www.econbiz.de/10010278439
. We find that emigration and human capital both increase democracy and economic freedom. This implies that unskilled …
Persistent link: https://www.econbiz.de/10010278546