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Executive Compensation and Competition in the Banking and Financial Sectors

Guadalupe, Maria; Cuñat, Vicente - 2004

This paper studies the effect of product market competition on the compensation packages that firms offer to their executives and in particular its impact on the sensitivity of pay to performance. To measure the effect of competition we use two different identification strategies on a panel of...

Persistent link: https://www.econbiz.de/10010272722

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

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

Regulation and UK retailing productivity: evidence from micro data

Haskel, Jonathan; Sadun, Raffaella - 2009

We use UK micro data to explore whether planning regulation reduced UK retailing productivity growth between 1997 and …

Persistent link: https://www.econbiz.de/10010269333

Policies to promote growth and economic efficiency in Mexico

Arias, Javier; Azuara, Oliver; Bernal, Pedro; Heckman, … - 2010

regulation. We focus on two issues that should receive more attention in discussions of Mexican policy. (1) The family is under … heavy burden of monopoly and regulation. We find little evidence that the introduction of social protection programs for …

Persistent link: https://www.econbiz.de/10010274259

Corruption and the shadow economy: an empirical analysis

Dreher, Axel; Schneider, Friedrich G. - 2006

This paper analyzes the influence of the shadow economy on corruption and vice versa. We hypothesize that corruption and shadow economy are substitutes in high income countries while they are complements in low income countries. The hypotheses are tested for a cross-section of 120 countries and...

Persistent link: https://www.econbiz.de/10010276652

MIMIC models, cointegration and error correction: an application to the French shadow economy

Bühn, Andreas; Schneider, Friedrich G. - 2008

The analysis of economic loss attributed to the shadow economy has attracted much attention in recent years by both academics and policy makers. Often, multiple indicators multiple causes (MIMIC) models are applied to time series data estimating the size and development of the shadow economy for...

Persistent link: https://www.econbiz.de/10010276685

Add-on pricing, naive consumers, and the hidden welfare costs of education

Kosfeld, Michael; Schüwer, Ulrich - 2011

Previous research shows that firms shroud high add-on prices in competitive markets with naive consumers leading to inefficiency. We analyze the effects of regulatory intervention via educating naive consumers on equilibrium prices and welfare. Our model allows firms to shroud, unshroud, or...

Persistent link: https://www.econbiz.de/10010282162

Analyzing the extent and influence of occupational licensing on the labor market

Kleiner, Morris M.; Krueger, Alan B. - 2011

This study examines the extent and influence of occupational licensing in the U.S. using a specially designed national labor force survey. Specifically, we provide new ways of measuring occupational licensing and consider what types of regulatory requirements and what level of government...

Persistent link: https://www.econbiz.de/10010278564

The prevalence and effects of occupational licensing

Kleiner, Morris M.; Krueger, Alan B. - 2008

This study provides the first nation-wide analysis of the labor market implications of occupational licensing for the U.S. labor market, using data from a specially designed Gallup survey. We find that in 2006, 29 percent of the workforce was required to hold an occupational license from a...

Persistent link: https://www.econbiz.de/10010268831

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