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Two types of political conflicts of interest pervade many of the world's societies. A horizontal conflict of interest arises when different constituencies support different policies, while a vertical conflict of interest emerges when those in charge of running the government acquire and retain...
Persistent link: https://www.econbiz.de/10013001771
possible by weaknesses in the institutions in these societies. Members of society need to cooperate in order to depose a …
Persistent link: https://www.econbiz.de/10013240570
Bigger governments raise the possibilities for corruption; more corruption may in turn raise the support for … redistributive policies that intend to correct the inequality and injustice generated by corruption. We formalize these insights in a … simple dynamic model. A positive feedback from past to current levels of taxation and corruption arises either when wealth …
Persistent link: https://www.econbiz.de/10013245746
transaction difficulties. But, such environments often also feature highly interventionist government, and even corruption … for empirical examination of these issues because her legal and market institutions are generally weak, but nonetheless … exhibit substantial province-level variation. Vertical integration is more common where legal institutions are weaker and …
Persistent link: https://www.econbiz.de/10012753256
. In a large electorate, the numerical advantage of the majority becomes irrelevant: democracy is undone by the market …
Persistent link: https://www.econbiz.de/10013097274
-quality institutions and out of active publishing) and a reduced likelihood of producing "home run" papers. Although the total product of …
Persistent link: https://www.econbiz.de/10013066694
We introduce international mobility of knowledge workers into a model of Nash equilibrium IPR policy choice among countries. We show that governments have incentives to use IPRs in a bidding war for global talent, resulting in Nash equilibrium IPRs that can be too high, rather than too low, from...
Persistent link: https://www.econbiz.de/10013070634
Migration outflows, especially of young people, may deprive an economy of entrepreneurial energy and innovative ideas …
Persistent link: https://www.econbiz.de/10012839784
, remittances, return migration, or an emigration 'lottery'. Instead, they are driven purely by the public nature of knowledge goods …
Persistent link: https://www.econbiz.de/10012778122
Digital labor markets are rapidly expanding and connecting companies and contractors on a global basis. We review the environment in which these markets take root, the micro- and macro-level studies of their operations, their ongoing evolution and recent trends, and perspectives for undertaking...
Persistent link: https://www.econbiz.de/10012956400