We study a large-scale French reform that provided generous downside insurance for unemployed individuals starting a … business. We study whether this reform affects the composition of people who are drawn into entrepreneurship. New firms started … in response to the reform are, on average, smaller, but have similar growth expectations and education levels compared to …

less persistent problems in the pre-bankruptcy Total-Factor-Productivity (TFP) performances than those before the reform …, accepted in the court-administered rehabilitation procedures after the post-crisis bankruptcy reform in Korea, had experienced …. The most crucial element of the post-crisis reform in the post-crisis court-administered bankruptcy system is the …

. Although we find that direct reforms improve medical productivity primarily by reducing malpractice claims rates and …

By any standard, Bolivia's economic crisis in the 1980's has been extraordinary. Like its neighbors. Bolivia suffered … during 1984-85) suggests that internal factors as well as external shocks have been critical to Bolivia's poor economic … performance. One major theme of our work is that the recent economic crisis in Bolivia is a reflection of political and economic …

After the economic reforms that followed the National Revolution of the 1950s, Bolivia seemed positioned for sustained … and a fixed exchange rate policy during the 1970s led to a debt crisis that began in 1977. From 1977 to 1986, Bolivia lost … almost all the gains in GDP per capita that it had achieved since 1960. In 1986, Bolivia started to grow again, interrupted …

introduction of its auction, the Bolsin, not only did the parallel market premium for dollars all but disappear in Bolivia, but the …

borrowing and renegotiation experience of five Latin borrowers (Argentina, Bolivia, Chile, Colombia, and Peru). Another goal is …

of macroeconomic policymaking in Bolivia since the 1952 Revolution. Great stress is put on the weakness of fiscal … characteristics of Bolivia's international trade, focusing both on structural features (e.g., the heavy dependence on a small number … describes the novel arrangements that Bolivia has negotiated in order to escape the severe overhang of external debt. In the …