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restructuring, ownership, competition, budget constraints and, particularly, institutions in Russian industry, covering the period … relatively positive assessment of formal and informal institutions respectively, and largely the same ruling networks as before …) reform has been accomplished. That is: stronger competition and better institutions go with more restructuring, while …
Persistent link: https://www.econbiz.de/10005137157
restructuring, ownership,competition, budget constraints and, particularly, institutions in Russian industry, covering theperiod … assessment of formal andinformal institutions respectively, and largely the same ruling networks as before the start of … budget constraints do not.The substitution, to some extent, of informal for formal institutions may have prevented even …
Persistent link: https://www.econbiz.de/10011256633
A government officials' propensity to corruption, or corruptibility, can be affected by his intertemporal preference over job benefits. Through a dynamic model of rent-seeking behavior, this paper examines how endogenously determined corruptibility changes with monitoring intensity, salary...
Persistent link: https://www.econbiz.de/10005137008
This paper explores the feasibility to extend the Standard Cost Model (SCM) for calculating the costs of government regulation by taking all transaction costs into account which stem from the principal/agent relationship between regulatory authorities and economic entities. From that perspective...
Persistent link: https://www.econbiz.de/10005504925
Previous studies have proposed a link between corruption and wages in the public sector. This paper investigates this link using a laboratory experiment. In the experiment, public officials have the opportunity to accept a bribe and can then decide between a neutral and a corrupt action. The...
Persistent link: https://www.econbiz.de/10011256733
This paper explores the feasibility to extend the Standard Cost Model (SCM) for calculating the costs of government regulation by taking all transaction costs into account which stem from the principal/agent relationship between regulatory authorities and economic entities. From that perspective...
Persistent link: https://www.econbiz.de/10011256942
A government officials' propensity to corruption, or corruptibility, can be affected by his intertemporal preference over job benefits. Through a dynamic model of rent-seeking behavior, this paper examines how endogenously determined corruptibility changes with monitoring intensity, salary...
Persistent link: https://www.econbiz.de/10011257101
Empirical work in labour economics has focused on rent sharing as an explanation for the observed correlation in cross-sections between wages and profitability. The alternative explanation of risk sharing between workers and employers has not been tested. Using a unique panel data set for four...
Persistent link: https://www.econbiz.de/10011255495
Division of labor models have become a standard analytical tool, along withcompetitive general equilibrium models (Ricardian, HOS, Ricardo-Viner), in public finance, trade, growth, development, and macroeconomics. Yet unlike the earlier models, specialization models lack a canonical...
Persistent link: https://www.econbiz.de/10011255549
Although the literature on the effectiveness of child care centers in developing countries is thin, most of the studies have concluded that the provision of these services are beneficial to enhance the development of poor children at early ages. Using different matching techniques, the results...
Persistent link: https://www.econbiz.de/10011255615