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Using several independent data sets, we investigate an aspect of corruption that has received little attention: its differential incidence by gender. We show using micro data that women are less involved in bribery, and are less likely to condone bribe taking. Cross-country data show that...
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One important channel by which market-augmenting government affects economic growth is through its effect on market-mobilized capital the level of capital mobilized by market mechanisms. Market-augmenting government, which is measured in part by both statutory law and law enforcement, affects...
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The authors conjecture that profit-sharing reduces turnover and thus increases expected returns to firm-specific human capital investments, so that the optimal levels of skill acquisition and investment in firm-specific skills rise and ultimately increase productivity. Empirical evidence from...
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I present a model in which I show that labor contracts with wages indexed to prices have longer optimal contract lengths and therefore are more likely to adopt performance-related pay. There is empirical support for these predictions in Canadian collective-bargaining agreements. Contract...
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