Showing 1 - 10 of 29,423
these size-contingent regulations can be used to identify the equilibrium and welfare effects of regulation through … a world with size-contingent regulations and applies this to France where there are sharp increases in firing costs … 2002 through 2007, we show how this regulation has major effects on the distribution of firm size (a "broken power law …
Persistent link: https://www.econbiz.de/10009651298
We show how size-contingent laws can be used to identify the equilibrium and welfare effects of labor regulation. Our … framework incorporates such regulations into the Lucas (1978) model and applies this to France where many labor laws start to …. With flexible wages, the deadweight loss of the regulation is below 1% of GDP, but when wages are downwardly rigid welfare …
Persistent link: https://www.econbiz.de/10010627855
We show how size-contingent laws can be used to identify the equilibrium and welfare effects of labor regulation. Our … framework incorporates such regulations into the Lucas (1978) model and applies this to France where many labor laws start to …. With flexible wages, the deadweight loss of the regulation is below 1% of GDP, but when wages are downwardly rigid welfare …
Persistent link: https://www.econbiz.de/10011083258
Firms producing differentiated products have high margins and therefore low risk. As a result firms invest more into developing differentiated products when they perceive risk is high. Higher risk also implies higher product skewness towards more differentiated products and therefore higher...
Persistent link: https://www.econbiz.de/10009397195
policies, taxation and the regulation of labor markets. Institutions have far-reaching effects on entrepreneurship, and they …
Persistent link: https://www.econbiz.de/10005645286
In this introductory chapter to a collective volume dealing with the political economy of entrepreneurship,* we argue, based on a suggested unifying framework, that political economy is a fruitful approach to entrepreneurship. The importance of institutions in structuring such an analysis is...
Persistent link: https://www.econbiz.de/10005645310
economic rents we are able to develop a more general theory comprising central aspects of research within the fields of …
Persistent link: https://www.econbiz.de/10005645430
Network industries are now characterized by a regime of permanent innovation, while they continue to be fixed and sunk … from others, and because they seek to influence the industry regulation. Properly organized fora establish an open …
Persistent link: https://www.econbiz.de/10010723175
What explains the world-wide trend of pro-entrepreneurial policies in the last few decades? We study entrepreneurial policy in a lobbying model taking into account the con.ict of interest between entrepreneurs and incumbents. It is shown that international market integration leads to more...
Persistent link: https://www.econbiz.de/10004963484
of product market regulation on mark-ups, firm dynamics, investment, employment, innovation productivity, and output … country data to study the effect of product market regulation and reform on a country’s macroeconomic performance. After a …
Persistent link: https://www.econbiz.de/10005822371