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Institutions and unemployment: Do interactions matter?
Sachs, Andreas - 2011
Isolated effects of labor and product market institutions as well as the interaction between both aforementioned … categories on unemployment have been extensively discussed in the empirical literature. However, interaction effects between … individual labor market institutions have been widely neglected, mainly due to the infeasibility to correctly specify the model …
Persistent link: https://www.econbiz.de/10010306610
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How do income-support systems in the UK affect labour force participation?
Brewer, Mike - 2009
This paper reviews how income-support systems affect labour force participation in the UK. The UK's approach to social insurance is basic security, with modest, typically flat-rate, benefits; insurance-based benefits are relatively unimportant. Compared with the EU, the UK has high employment...
Persistent link: https://www.econbiz.de/10010273971
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Aid, Governance, and Private Foreign Investment: Some Puzzling Findings and a Possible Explanation
Harms, Philipp; Lutz, Matthias - 2003
Does official aid pave the road for private foreign investment or does it suffocate private initiative by diverting resources towards unproductive activities? In this paper we explore this question using data for a large number of developing and emerging economies. Controlling for countries?...
Persistent link: https://www.econbiz.de/10010295379
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The Two Transitions in Central and Eastern Europe and the Relation between Path Dependent and Politically Implemented Institutional Change
Zweynert, Joachim; Goldschmidt, Nils - 2005
societal environment. Taking a cultural approach and referring to the newer literature on the transfer of institutions, we try … to improve the understanding of the interrelation between formal and informal institutions. Our central thesis is that … the ?reaction rate? of informal institutions depends on their compatibility with imported formal institutions. The …
Persistent link: https://www.econbiz.de/10010295447
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Political Risk, Institutions and Foreign Direct Investment
Hefeker, Carsten; Busse, Matthias - 2005
The paper explores the linkages between political risk, institutions and foreign direct investment inflows. Using … and institutions are employed in the empirical analysis. The results show that government stability, the absence of …
Persistent link: https://www.econbiz.de/10010295448
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FDI, Regulations and Growth
Busse, Matthias; Groizard Cardosa, José Luis - 2006
The paper explores the linkage between income growth rates and foreign direct investment (FDI) inflows. So far the evidence is rather mixed, as no robust relationship between FDI and income growth has been established. We argue that countries need a sound business environment in the form of good...
Persistent link: https://www.econbiz.de/10010295531
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Conflicting Patterns of Thought in the Russian Debate on Transition: 1992-2002
Zweynert, Joachim - 2006
The present study is a continuation of an earlier paper by the same author dealing with the economic debates in the Soviet Union between 1987 and 1991 (HWWA Discussion Paper 324; Europe-Asia Studies vol. 58, no. 2). After there had been a paradigm shift in Russian economics around 1990, in the...
Persistent link: https://www.econbiz.de/10010295534
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The Two Transitions in Central and Eastern Europe and the Relation between Path Dependent and Politically Implemented Institutional Change
Zweynert, Joachim; Goldschmidt, Nils - 2005
societal environment. Taking a cultural approach and referring to the newer literature on the transfer of institutions, we try … to improve the understanding of the interrelation between formal and informal institutions. Our central thesis is that … the "reaction rate" of informal institutions depends on their compatibility with imported formal institutions. The …
Persistent link: https://www.econbiz.de/10010296206
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Labour Market Institutions and Structural Reforms: A Source for Business Cycle Synchronisation?
Schleer, Frauke; Sachs, Andreas - 2009
to 2003. More precisely, this paper derives measures for similarity of institutions and structural reforms, and … bilateral data. Our findings indicate a strong instantaneous relationship between both similarity of institutions as well as …
Persistent link: https://www.econbiz.de/10010298725
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What determines the finance-growth nexus? An endogenous growth model and empirical evidence
Graff, Michael; Karmann, Alexander - 2003
An endogenous growth model with a financial sector is formulated, and empirical analyses are conducted. The model exhibits structural shifts and breaks caused by institutional change, suggesting that a linear approach is inadequate. To address this point empirically, we fit data for 90 countries...
Persistent link: https://www.econbiz.de/10010305439