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expertise are the largest. This report reviews the pros and cons of the four institutional models for the allocation of macro …
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We examine the effect of size-dependent policies in developing economies by focusing on a set of regulations that are applicable to firms with 20 or more formal employees in Peru. Firms can adjust to the regulations by (a) reducing their size, (b) shifting employment composition, or (c)...
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In this paper the efficient allocation of natural recreational areasis analysed. Natural recreational areas have the … features of publicgoods. We present the efficient allocation of this non-excludablepublic good in a rational general …
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