Showing 1 - 10 of 77
In this paper we develop a neoclassical growth model that aggregates different types of labor skills from strict complementarity to perfect substitution. After having derived general balanced growth conditions and developed explicit growth paths for capital and aggregate labor force, the model...
Persistent link: https://www.econbiz.de/10009452524
We provide a theoretical framework for understanding when an official angles for a bribe, when a client pays, and the payoffs to the client’s decision. We test this frame work using a new data set on bribery of Peruvian public officials by households. The theory predicts that bribery is more...
Persistent link: https://www.econbiz.de/10009476834
In my first paper I examine the impact of short-term economic shocks on physician migration using a new panel dataset on … physician migration from 31 African countries to the US and the UK. I estimate distributed-lag regressions of log migration on … economic conditions: a one percentage point decline in lagged growth increases physician out-migration by approximately 0 …
Persistent link: https://www.econbiz.de/10009476584
Does emigration really drain human capital accumulation in origin countries? This paper explores a unique household survey purposely designed and conducted to answer this specific question for the case of Cape Verde. This is allegedly the African country suffering from the largest "brain drain",...
Persistent link: https://www.econbiz.de/10012530246
This dissertation analyzes where and when experienced investors add value to startups. Building on the resource-dependence theory and the relational view of the firm, I argue that the positive effect of investor experience on startup performance is stronger when the startup faces a more...
Persistent link: https://www.econbiz.de/10009439052
This paper provides new evidence on the influence of macroeconomic environment and institutional quality on stock market development, using data from 14 MENA countries over the period of 1990-2007. Using both panel data and instrumental variable techniques, we find that income level, saving...
Persistent link: https://www.econbiz.de/10009441711
provision is governed. This paper scrutinizes determinants of institutions that regulate the provision of biodiversity and … design of institutions. In the case of wolf protection, the state uses its power to modify property rights in order to …
Persistent link: https://www.econbiz.de/10009442285
The coordination plays central role in the economics. The conventional economic theory looks at the market and enterprise (or hierarchy) as two different, separated manner of coordination of economic goods and services. However the modern organization theory, price theory and institutional...
Persistent link: https://www.econbiz.de/10009442656
O desenvolvimento do complexo agroindustrial da soja no Brasil deu-se, em parte, comodecorrência do surgimento de formas alternativas de crédito, tal como a venda antecipada desoja por meio de contratos. O problema que motivou este estudo foi decorrente das quebrascontratuais por parte dos...
Persistent link: https://www.econbiz.de/10009442780
institutions, and redistribution. We bring the two together by emphasizing the role of skill formation. We argue that union …
Persistent link: https://www.econbiz.de/10009475518