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We analyze the relationship between institutional quality and firm efficiency. Using rich data on firms in the European Union between 2005 and 2012, we show that high institutional quality lowers the share of persistently inefficiently used assets. The adverse effect of low institutional quality...
Persistent link: https://www.econbiz.de/10011375699
unemployment of high- and low-skilled labour. Simulating the effects of Eastern EU enlargement, we find quantitatively small …
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Eastern enlargement of the EU promises gains, but also imposes fiscal costs on incumbent countries. A sensitive issue …
Persistent link: https://www.econbiz.de/10001682408
unemployment of high- and low-skilled labour. Simulating the effects of Eastern EU enlargement, we find quantitatively small …
Persistent link: https://www.econbiz.de/10001546276
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