Showing 1 - 10 of 529
We use a large dataset covering all registered plants in the manufacturing sector in India over the period 1986 to 1995 to examine the effects of a 1992 income tax law change that eliminated the double taxation of wages paid to partners in partnership firms. This tax law change provides a unique...
Persistent link: https://www.econbiz.de/10012780119
This paper argues that worker cooperatives are prone to redistribution among members, and that this redistribution distorts incentives. I assume that employment contracts are incomplete. In the model cooperative members pay in a capital contribution to purchase equipment. They then receive...
Persistent link: https://www.econbiz.de/10013212352
Political and economic transition is often blamed for Russia's 40% surge in deaths between 1990 and 1994. Highlighting … the campaign's end explains a large share of the mortality crisis - implying that Russia's transition to capitalism and …
Persistent link: https://www.econbiz.de/10013096856
countries, to Russia's earlier history, and to Russia's income distribution today? Careful weighing of an eclectic data set … of European Russia. In 1904, on the eve of military defeat and the 1905 Revolution, Russian income inequality was … States, and Russia itself. We also note how the interplay of some distinctive fiscal and relative-price features of Imperial …
Persistent link: https://www.econbiz.de/10013100677
This paper examines the effect of banking on economic growth in modern Russia. To overcome simultaneity and selection …
Persistent link: https://www.econbiz.de/10013104994
. This paper uses a panel dataset from Russia, an economy in which consumer loans grew at an astounding rate - from about US … consumer borrowing increased very rapidly in Russia, the authors find that only 41% of respondents demonstrate understanding of …
Persistent link: https://www.econbiz.de/10013108599
(namely, from Cyprus and British Virgin Islands) across Russia and compare them with the benchmark group of genuine foreign … investors in Russia. We further study the determinants of the fraction of round-trip investment in total foreign investment in … large fraction of round-trip investment in Russia is concentrated in real estate and financial sectors, our results point to …
Persistent link: https://www.econbiz.de/10013082421
developing economies circa 1910: Brazil, Russia, India and China (BRIC). These four countries encompassed more than 50 percent of …
Persistent link: https://www.econbiz.de/10013066599
We identify the impact of local firm concentration on incumbent performance with a quasi natural experiment. When Germany was divided after World War II, many firms in the machine tool industry fled the Soviet occupied zone to prevent expropriation. We show that the regional location decisions...
Persistent link: https://www.econbiz.de/10013069687
future receipts is called its fiscal gap.This study estimates Russia's 2013 fiscal gap at 890 trillion rubles or $28 trillion …. This longterm budget shortfall is 8.4 percent of the present value of projected GDP. Consequently, eliminating Russia … that the Russia's energy resources are finite, whereas its expenditure needs are not. Moreover, Russia is aging and facing …
Persistent link: https://www.econbiz.de/10013073203