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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
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
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
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
. 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
Recent theoretical and empirical studies have emphasized the fact that the prospect of international migration … that temporary migration is widespread among highly skilled migrants (such as Eastern Europeans in Western Europe and … for return migration and which predicts who will migrate and who will return among agents with heterogeneous abilities. We …
Persistent link: https://www.econbiz.de/10012771799
, 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
The development prospects of a poor country depend in part on its capacity for innovation. The productivity of its innovators depends in turn on their access to technological knowledge. The emigration of highly skilled individuals weakens local knowledge networks (brain drain), but may also help...
Persistent link: https://www.econbiz.de/10012751076
In the first global century before 1914, trade and especially migration had profound effects on both low-wage, labor …
Persistent link: https://www.econbiz.de/10012752104
This paper reviews recent research regarding high-skilled migration. We adopt a data-driven perspective, bringing … together and describing several ongoing research streams that range from the construction of global migration databases, to the … legal codification of national policies regarding high-skilled migration, to the analysis of patent data regarding cross …
Persistent link: https://www.econbiz.de/10012977618