Showing 1 - 8 of 8
The paper relies on a rich firm-level data set on transition economies to examine the role of informality as an important channel through which regulatory and other policy constraints affect firm growth. We find that firms reduce their formal operations with a higher tax and regulatory burden,...
Persistent link: https://www.econbiz.de/10005826637
Persistent link: https://www.econbiz.de/10011091123
Persistent link: https://www.econbiz.de/10011091130
statistics, based on ordinary ranks and signs.An asymptotic representation theory a la H ajek is developed here for such … statistics, both in the nonserial and in the serial case.The corresponding asymptotic normality results clearly show how the …
Persistent link: https://www.econbiz.de/10011091147
-stage modelling procedure?This paper addresses the often occurring situation in econometrics of applying standard statistics to …
Persistent link: https://www.econbiz.de/10011091906
This paper offers an alternative technique to derive the limiting distribution of residual-based statistics or, more … general, the limiting distribution of statistics with estimated nuisance parameters.This technique allows us to unify many … difficult to establish, e.g., rank-based statistics.We essentially replace this differentiability condition with a …
Persistent link: https://www.econbiz.de/10011092694
In many developing countries, a significant part of economic activity takes place in the informal sector. Earlier work has examined the determinants of the size of the informal sector, focusing separately on factors such as tax and regulation burden, financial market development, and the quality...
Persistent link: https://www.econbiz.de/10005769293
Recent efforts at poverty alleviation emphasize increasing government spending on education. However, even if spending were perfectly targeted, it is not evident that spending by itself will lead to higher educational attainment. Bolivian household data is used in this paper to ascertain the...
Persistent link: https://www.econbiz.de/10005599365