Gourio, François; Roys, Nicolas - In: Quantitative economics : QE ; journal of the … 5 (2014) 2, pp. 377-416
In France, firms that have 50 employees or more face substantially more regulation than firms that have less than 50 … model the regulation as the combination of a sunk cost that must be paid the first time the firm reaches 50 employees and a … using indirect inference by fitting the discontinuity of the size distribution. The key finding is that the regulation is …
