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Wage-Employment Contracts : Global Results
Green, Jerry R. - 1981
This paper studies the efficient agreements about the dependence of workers' earnings on employment, when the … employment level is controlled by firms. The firms ' superior information about profitability conditions is responsible for this … form of contract governance. Under plausible assumptions, such agreements will cause employment to diverge from efficiency …
Persistent link: https://www.econbiz.de/10012478446
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Heterogeneity in the effect of regulation on entrepreneurship and entry size
Ardagna, Silvia - 2009
to become an entrepreneur and the level of employment of newly created businesses. We focus on the interaction between …
Persistent link: https://www.econbiz.de/10012463139
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Work and Play : International Evidence of Gender Equality in Employment and Sports
Klein, Michael W. - 2002
's Soccer World Cup and to do well in that competition. This effect of relative labor force participation rates on athletic …
Persistent link: https://www.econbiz.de/10012469632
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Foreclosures, House Prices, and the Real Economy
Mian, Atif - 2011
States without a judicial requirement for foreclosures are twice as likely to foreclose on delinquent homeowners. Comparing zip codes close to state borders with differing foreclosure laws, we show that foreclosure propensity and housing inventory jump discretely as one enters non-judicial...
Persistent link: https://www.econbiz.de/10012461972
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Rethinking the Effects of Financial Liberalization
Broner, Fernando A. - 2010
During the last few decades, many emerging markets have lifted restrictions on cross-border financial transactions. The conventional view was that this would allow these countries to: (i) receive capital inflows from advanced countries that would finance higher investment and growth; (ii) insure...
Persistent link: https://www.econbiz.de/10012462018
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Investment Shocks and Business Cycles
Justiniano, Alejandro - 2009
We study the driving forces of fluctuations in an estimated New Neoclassical Synthesis model of the U.S. economy with several shocks and frictions. In this model, shocks to the marginal efficiency of investment account for the bulk of fluctuations in output and hours at business cycle...
Persistent link: https://www.econbiz.de/10012463079
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An Exploration of the Japanese Slowdown during the 1990s
Comin, Diego A. - 2008
Why did the Japanese slowdown of the 90s last so long if none of the shocks that hit the Japanese economy had a comparable persistence? In this paper, I use the Comin and Gertler (2006) model of medium term fluctuations to explore whether their endogenous technology mechanisms can amplify and...
Persistent link: https://www.econbiz.de/10012464138
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Estate Taxation, Entrepreneurship, and Wealth
Cagetti, Marco - 2007
We study the effects of abolishing estate taxation in a quantitative and realistic framework that includes the key features that policy makers are worried about: business investment, borrowing constraints, estate transmission, and wealth inequality. We use our model to estimate effective estate...
Persistent link: https://www.econbiz.de/10012465493
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The Effect of Equity Barriers on Foreign Investment in Developing Countries
Claessens, Stijn - 1993
markets, this result is robust to the inclusion of the world beta and the degree of international spanning of the domestic …
Persistent link: https://www.econbiz.de/10012474361
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Bundling Stress Tolerant Seeds and Insurance for More Resilient and Productive Small-scale Agriculture
Boucher, Stephen; Carter, Michael R.; Flatnes, Jon Einar; … - National Bureau of Economic Research - 2021
Risk often inhibits on-farm investment by smallholder farmers. Recent evidence indicates that index insurance and stress tolerant seeds can separately and partially offset this risk effect. In this study, we explore whether the complementarities between these two risk management technologies can...
Persistent link: https://www.econbiz.de/10012629454