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Migration has a strong economic impact on the sending and host countries. Since individuals and groups do not benefit equally from migration, interest groups emerge to protect and take care of their narrow self-interests and compete for rents generated by migration. Narrow self-interests may be...
Persistent link: https://www.econbiz.de/10009620941
Changes in economic systems provide a rare opportunity to redesign basic institutional structures in labor markets. This paper attempts to provide guidance for such institutional choice by drawing on the findings of recent labor market research in market economies on the links between...
Persistent link: https://www.econbiz.de/10012781894
In this paper we empirically examine the impact of labor market flexibility on FDI flows to oil-rich GCC and compare it to middle income countries in 2006-2011. We account for potential endogeneity and nonstationarity and adopt system GMM and IV estimation methodologies. Our findings show that...
Persistent link: https://www.econbiz.de/10013026880
The paper reviews national and international experiences with different combinations of in-work benefits, subsidized employment, statutory minimum wages and implicit minimum wages defined by social assistance provisions. It calls for a cautious approach regarding the introduction of additional...
Persistent link: https://www.econbiz.de/10003330274
The UNDP has set Millennium Goals which include the halving of world poverty by 2015. This can be viewed in the light of enlightened self interest, including noneconomic interest, within the above view. This was translated into reducing by half the number of people living in abject poverty. We...
Persistent link: https://www.econbiz.de/10013071007
Many employers link wages at the firm's establishments outside of the home region to the level at headquarters. Multinationals that anchor-to-the headquarters also transmit wage changes arising from shocks to minimum wages and exchange rates in the home country/state to their foreign...
Persistent link: https://www.econbiz.de/10012840272
We develop a theory of endogenous regimes transitions (with a focus on democratic consolidation), which emphasizes the role of political culture and of its interaction with political institutions. Political culture reflects the extent of individual commitment across citizens to defend democracy...
Persistent link: https://www.econbiz.de/10009755330
Persistent link: https://www.econbiz.de/10003406032
This paper is composed of two parts. First, using international data, I corroborate that union density in the U.S. declined because of asymmetric growth between the union and nonunion sectors. I show union density to increase in countries experiencing strong manufacturing growth, and to decline...
Persistent link: https://www.econbiz.de/10013319697
Persistent link: https://www.econbiz.de/10001474275