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The Political Economy of Unilateral Trade Liberalization : The Case of Chile
Edwards, Sebastian; Lederman, Daniel - 2021
Chile has become a model for reforming economies throughout the world. The purpose of this paper is to analyze the … political and economic circumstances surrounding Chile's unilateral trade liberalization during five stages (covering the period … reduce opposition to the reforms. In less than 4 years (1975-1979) Chile eliminated all quantitative restrictions and …
Persistent link: https://www.econbiz.de/10013233003
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Privatization of Social Security : Lessons from Chile
Diamond, Peter A. - 2021
In Chile, all covered workers must place 10% of monthly earnings in a savings account with a highly regulated …
Persistent link: https://www.econbiz.de/10013230785
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Social Security Privatization Reform and Labor Markets : The Case of Chile
Edwards, Sebastian; Edwards, Alejandra Cox - 2021
We analyze the way in which social security privatization reform affects labor market outcomes. We develop a model of … unemployment. Results from simulation exercises suggest that in the case of Chile the reforms resulted in an increase in informal … the reduction of Chile's aggregate of unemployment …
Persistent link: https://www.econbiz.de/10013227027
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Private Returns to Public Office
Fisman, Raymond J. - 2012
We study the wealth accumulation of Indian parliamentarians using public disclosures required of all candidates since 2003. Annual asset growth of winners is on average 3 to 6 percentage points higher than runners-up. By performing a within-constituency comparison where both runner-up and winner...
Persistent link: https://www.econbiz.de/10013106303
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Sales Force and Competition in Financial Product Markets : The Case of Mexico's Social Security Privatization
Hastings, Justine S. - 2014
This paper examines how sales force impact competition and equilibrium prices in the context of a privatized pension market. We use detailed administrative data on fund manager choices and worker characteristics at the inception of Mexico's privatized social security system, where fund managers...
Persistent link: https://www.econbiz.de/10013064396
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The Land that Lean Manufacturing Forgot? Management Practices in Transition Countries
Bloom, Nicholas - 2014
We have conducted the first survey on management practices in transition countries. We found that Central Asian transition countries, such as Uzbekistan and Kazakhstan, have on average very poor management practices. Their average scores are below emerging countries such as Brazil, China and...
Persistent link: https://www.econbiz.de/10013067648
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Private Politics and Public Regulation
Egorov, Georgy - 2013
We develop a dynamic game to explore the interaction between regulation and private policies, such as self-regulation by firms and activism. Without a public regulator, the possibility of self-regulation is bad for the firm, but good for activists who are willing to maintain a costly boycott to...
Persistent link: https://www.econbiz.de/10013071787
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China's Land Market Auctions : Evidence of Corruption
Cai, Hongbin - 2010
This paper studies the urban land market in China in 2003--2007. In China, all urban land is owned by the state. Leasehold use rights for land for (re)development are sold by city governments and are a key source of city revenue. Leasehold sales are viewed as a major venue for corruption,...
Persistent link: https://www.econbiz.de/10013152507
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Private and Public Supply of Liquidity
Holmström, Bengt R. - 2008
This paper addresses a basic yet unresolved question: Do claims on private assets provide sufficient liquidity for an efficient functioning of the productive sector? Or does the State have a role in creating liquidity and regulating it either through adjustments in the stock of government...
Persistent link: https://www.econbiz.de/10012774968
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Do Private Prisons Affect Criminal Sentencing?
Dippel, Christian - 2019
Using a newly constructed complete monthly panel of private and public state prisons, we ask whether private prisons impact judges' sentencing decisions in their state. We employ two identification strategies, a difference-in-difference strategy comparing court-pairs that straddle state-borders,...
Persistent link: https://www.econbiz.de/10012889061