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Equilibrium Wage Arrears: A Theoretical and Empirical Analysis of Institutional Lock-In
Earle, John S.; Sabirianova, Klara Z. - 2000
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/10010262404
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Access to justice and entrepreneurship: Evidence from Brazil's special civil tribunals
Lichand, Guilherme; Soares, Rodrigo R. - 2011
Entrepreneurship is usually identified as an important determinant of aggregate productivity and long-term growth. The determinants of entrepreneurship, nevertheless, are not entirely understood. A recent literature has linked entrepreneurship to the development of the justice system. This paper...
Persistent link: https://www.econbiz.de/10010278593
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Access to Justice and Entrepreneurship: Evidence from Brazil's Special Civil Tribunals
Lichand, Guilherme; Soares, Rodrigo R. - Institute for the Study of Labor (IZA) - 2011
Entrepreneurship is usually identified as an important determinant of aggregate productivity and long-term growth. The determinants of entrepreneurship, nevertheless, are not entirely understood. A recent literature has linked entrepreneurship to the development of the justice system. This paper...
Persistent link: https://www.econbiz.de/10009283566
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Equilibrium Wage Arrears: A Theoretical and Empirical Analysis of Institutional Lock-In
Earle, John S.; Sabirianova, Klara Z. - Institute for the Study of Labor (IZA) - 2000
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
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Engaging in Corruption: The Influence of Cultural Values and Contagion Effects at the Micro Level
Lee, Wang-Sheng; Guven, Cahit - 2013
, corruption experiences, gender roles, trust and values to examine the determinants of corruption, this paper goes beyond the …Previous empirical work on corruption has generally been cross-country in nature and focused on utilizing country …-level corruption ratings. By using micro-level data for over 20 European countries that directly measure individual characteristics …
Persistent link: https://www.econbiz.de/10010328937
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The determinants of asset stripping: theory and evidence from the transition economies
Campos, Nauro F.; Giovannoni, Francesco - 2005
During the transition from plan to market, managers and politicians succeeded in maintaining control of large parts of the stock of socialist physical capital. Despite the obvious importance of this phenomenon, there have been no efforts to model, measure and investigate this process...
Persistent link: https://www.econbiz.de/10010267582
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Illicit Shadows: An Economic Analysis of Trade Gaps in Cultural Goods through the Italian Market
Acciai, Elia; Belloni, Michele; Della Giusta, Marina; … - 2023
corruption and adoption of protective legislation (UNESCO and UNIDROIT) and discuss results indicating further questions to be …
Persistent link: https://www.econbiz.de/10014377185
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Corruption, shadow economy and income inequality: Evidence from Asia
Kar, Saibal; Saha, Shrabani - 2012
A number of recent studies for Latin America show that as the size of the informal economy grows, corruption is less … corruption, inequality and shadow economies are considerably large. We use Panel Least Square and Fixed Effects Models for Asia … to find that both Corruption Perception Index and ICRG index are sensitive to a number of important macroeconomic …
Persistent link: https://www.econbiz.de/10010291305
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Corruption, Shadow Economy and Income Inequality: Evidence from Asia
Kar, Saibal; Saha, Shrabani - Institute for the Study of Labor (IZA) - 2012
A number of recent studies for Latin America show that as the size of the informal economy grows, corruption is less … corruption, inequality and shadow economies are considerably large. We use Panel Least Square and Fixed Effects Models for Asia … to find that both 'Corruption Perception Index' and 'ICRG' index are sensitive to a number of important macroeconomic …
Persistent link: https://www.econbiz.de/10010604102
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The Determinants of Asset Stripping: Theory and Evidence from the Transition Economies
Campos, Nauro F.; Giovannoni, Francesco - Institute for the Study of Labor (IZA) - 2005
During the transition from plan to market, managers and politicians succeeded in maintaining control of large parts of the stock of socialist physical capital. Despite the obvious importance of this phenomenon, there have been no efforts to model, measure and investigate this process...
Persistent link: https://www.econbiz.de/10005703447