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these transitions allows the identification of duration dependence in the job offer arrival rate and the wage offer … likelihood. The results show that the presence of significant negative duration dependence in the wage offer distribution causes … reservation wages to decrease. The rate at which job offers arrive is constant over the unemployment duration. These findings …
Persistent link: https://www.econbiz.de/10010262149
negatively selected on unobservables. A beneficial (unemployment-duration reducing) causal effect of internet job search is …
Persistent link: https://www.econbiz.de/10010262563
In this paper, we compile a unique historical dataset that records strike activity in the British engineering industry from 1920 to 1970. These data have the advantage of containing a fairly homogenous set of companies and workers, covering a long period with varying labour market conditions,...
Persistent link: https://www.econbiz.de/10010272753
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
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
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
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
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
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
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