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Regulation and Supervision : An Ethical Perspective
Kane, Edward J. - 2008
This essay shows that government credit-allocation schemes generate incentive conflicts that undermine the quality of bank supervision and eventually produce banking crisis. For political reasons, most countries establish a regulatory culture that embraces three economically contradictory...
Persistent link: https://www.econbiz.de/10012464752
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Ethical Foundations of Financial Regulation
Kane, Edward J. - 1997
Regulation consists of rulemaking and enforcement. Economic theory offers two complementary rationales for regulating financial institutions. Altruistic public-benefits theories treat rules as governmental instruments for increas- ing fairness and efficiency across society as a whole....
Persistent link: https://www.econbiz.de/10012472798
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Profitability, Employment and Structural Adjustment in France
Kouri, Pentti J.K. - 1982
In this paper, we present a dynamic model which explains output, enployment and energy consumption in the French manufacturing sector in terms of the expectedand actual path of wage rates and energy prices in units of output. The modelhas two distinguishing features: First, the rate of capacity...
Persistent link: https://www.econbiz.de/10012478099
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Immigration and Worker-Firm Matching
Orefice, Gianluca - 2020
The process of matching between firms and workers is an important mechanism in determining the distribution of wages. In a labor market characterised by large dispersion of workers' productivity and worker-firm complementarity, high quality firms have strong incentives to screen for the quality...
Persistent link: https://www.econbiz.de/10012482041
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Wages, Hires, and Labor Market Concentration
Marinescu, Ioana - 2020
zone in France using linked employer-employee data. Using instrumental variables with worker and firm fixed effects, we …
Persistent link: https://www.econbiz.de/10012482303
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Old Europe ages : Reforms and Reform Backlashes
Boersch-Supan, Axel H. - 2010
This paper focuses on three large Continental European countries: France, Germany, and Italy. These countries have …
Persistent link: https://www.econbiz.de/10012462881
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Internal and External Labor Markets : An Analysis of Matched Longitudinal Employer-Employee Data
Abowd, John M. - 1997
France, we find that most of the firm-size wage effect and most of the inter-industry wage effect is due to person effects …
Persistent link: https://www.econbiz.de/10012472705
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The Entry and Exit of Workers and the Growth of Employment : An Analysis of French Establishments
Abowd, John M. - 1996
Our empirical analyses distinguish between flows of workers, directly measured, and job creation and destruction, again, directly measured. We use a representative sample of all French establishments for 1987 to 1990. Our most important findings are that (1) annual job creation can be...
Persistent link: https://www.econbiz.de/10012473305
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Changes in the Relative Structure of Wages and Employment : A Comparison of the United States, Canada, and France
Card, David - 1996
, Canada, and France. We argue that the same forces that led to falling real wages for less-skilled workers in the U ….S. affected similar workers in Canada and France. Consistent with the view that labor market institutions are more rigid in France … somewhat less in Canada, and did not fall at all in France. Contrary to expectations, however, we find little evidence that …
Persistent link: https://www.econbiz.de/10012473372
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The March of the Techies : Technology, Trade, and Job Polarization in France, 1994-2007
Harrigan, James - 2016
market in France has polarized: employment shares of high and low wage occupations have grown, while middle wage occupations … conclude that technological change, mediated through techies, is an important cause of polarization in France. Firm-level trade …
Persistent link: https://www.econbiz.de/10012456564