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Although the theoretical literature often uses lobbying and corruption synonymously, the empirical literature … associates lobbying with the preferred mean for exerting influence in developed countries and corruption with the preferred one … between bribing and lobbying. We test our predictions using survey data for about 6000 firms in 26 countries. Our results …
Persistent link: https://www.econbiz.de/10010268635
We study the interaction between competitive markets that produce large but unequally distributed welfare gains and elections through which the poor majority can redistribute income away from the rich minority. In our simple laboratory democracy, subjects first earn their income by trading in a...
Persistent link: https://www.econbiz.de/10010269668
This document examines foreign direct investment (FDI) when multinationals and labour unions bargain over labour contracts and lobby the self-interested government for taxation and labour market regulation. We demonstrate that right-to-manage bargaining predicts higher returns for FDI than does...
Persistent link: https://www.econbiz.de/10010261532
larger reform package of economic liberalisation in formerly overregulated economies, (b) as a reaction to an increasing …
Persistent link: https://www.econbiz.de/10010276651
reform is that it simply widens the range of goods that are tradeable. This kind of reform is analyzed in a two … East), if (as assumed) the most sophisticated goods are tradeable before reform. Second, under ex-post liberalization … different, however, if there exist asymmetries in labor market institutions, such that upon reform, labor can relocate in the …
Persistent link: https://www.econbiz.de/10010267407
The expansion of regionalism has spawned an extensive theoretical literature analysing the effects of Free Trade Agreements (FTAs) on trade flows. In this paper we focus on FTAs (also called European agreements) between the European Union (EU-15) and the Central and Eastern European countries...
Persistent link: https://www.econbiz.de/10010269289
The main goal of regionalization is the creation of free trade areas and the guarantee for countries to accede to a widened market. Many studies dealing with the effects of regional free trade agreements on trade flows already exist in the economic literature and the explosion in the number of...
Persistent link: https://www.econbiz.de/10010276775
The current debt crisis has given rise to a debate about deeper fiscal integration in Europe. The view is widespread that moving towards a 'fiscal union' would have a stabilising effect in the event of macroeconomic shocks. In this paper we study the economic effects of introducing two elements...
Persistent link: https://www.econbiz.de/10010282556
contours of the EPL reform. In this article we used an equilibrium unemployment model to investigate the virtue of an EPL … reform whose modality is a lessening in the red tape and legal costs associated with layoffs and the introduction of an U ….S. like experience rating system modelled as a combination of a layoff tax and a payroll subsidy. The reform considered shows …
Persistent link: https://www.econbiz.de/10010267815
Using European Community Household Panel data for nine countries for 1996-2001, I investigate the impact of reforms of employment protection systems on employment and on temporary jobs for wage and salary workers. Individual fixed effects models are estimated, with the inclusion of...
Persistent link: https://www.econbiz.de/10010268671