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It has been widely argued that international agreements over labor standards are undesirable because they are bound to … quot;hurt those that they are meant to help.quot; We develop a model in which an appropriately designed international labor …
Persistent link: https://www.econbiz.de/10012732909
Minimum wage policy is regarded as an essential policy tool for improving the welfare of low-paid workers and reducing working poverty and inequality within the labour market. The Government of India recently undertook reforms in the country's wage policy and enacted the Code on Wages in August...
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This paper advances understanding of the relationship between tax policy and productivity, taking advantage of unique data from the Dominican Republic to document a significant negative impact of tax regulations on total factor productivity (TFP). It begins by estimating productivity using...
Persistent link: https://www.econbiz.de/10012107013
Simplified tax regimes reduce both tax rates and compliance costs for small firms. On the one hand, these regimes increase the number of businesses formally registered and have the potential of also expanding the safety net when they subsidize the contributions to social security of workers in...
Persistent link: https://www.econbiz.de/10011992057
This paper examines how employment protection legislation affects location decisions of multinationals. Based on a simple theoretical framework, we estimate an empirical model, using OECD-data on bilateral FDI-flows and employment protection indices. We find that, while an ?unfavourable?...
Persistent link: https://www.econbiz.de/10010265399
Child labor is often condemned as a form of exploitation. I explore how the notion of exploitation, as used in everyday … language, can be made precise in economic models of child labor. Exploitation is defined relative to a specific social welfare … models, child labor is never exploitative. In contrast, under an inclusive welfare function, which places additional weight …
Persistent link: https://www.econbiz.de/10010319596
Child labor is often condemned as a form of exploitation. I explore how the notion of exploitation, as used in everyday … language, can be made precise in economic models of child labor. Exploitation is defined relative to a specific social welfare … models, child labor is never exploitative. In contrast, under an inclusive welfare function, which places additional weight …
Persistent link: https://www.econbiz.de/10009756103