Showing 1 - 10 of 16
2008-2009 crisis. This paper discusses the efficiency of this type of policy and investigates its impact on unemployment … unemployment during downturns. All in all, it seems that short-time work programs used in the recent downturn had significant …
Persistent link: https://www.econbiz.de/10008854459
This paper offers an alternative theory for the increase in unemployment and wage inequality experienced in the United … change increases skilled wages, reduces unskilled wages and increases the unemployment rate of both skilled and unskilled …
Persistent link: https://www.econbiz.de/10005789067
of different job search methods, conditional unemployment benefit hikes can improve welfare when individuals are risk …
Persistent link: https://www.econbiz.de/10005792237
OECD countries faced largely divergent employment rates during the last decades. But the whole bulk of the cross-national and cross-temporal heterogeneity relies on specific demographic groups: prime-age women and younger and older individuals. This paper argues that family labour supply...
Persistent link: https://www.econbiz.de/10005124400
This survey reviews the recent research on trust, institutions and economic development. It discusses the various … institutions and policies can affect trust and promote pro-social behaviors. …
Persistent link: https://www.econbiz.de/10011084699
. According to our preferred interpretation, these events provide evidence that, under weak institutions, popular mobilization and …
Persistent link: https://www.econbiz.de/10011083238
We construct a simple model where political elites may block technological and institutional development, because of a ‘political replacement effect.’ Innovations often erode elites’ incumbency advantage, increasing the likelihood that they will be replaced. Fearing replacement, political...
Persistent link: https://www.econbiz.de/10005124137
the answer may be no is that countries pursuing poor macroeconomic policies also have weak ‘institutions’, including … political institutions that do not constrain politicians and political elites, ineffective enforcement of property rights for … more ‘extractive’ institutions from their colonial past were more likely to experience high volatility and economic crises …
Persistent link: https://www.econbiz.de/10005136626
enabled these groups to demand, obtain and sustain changes in institutions to protect their property rights. Furthermore, the … existing institutions placed some checks on the monarchy and particularly limited its control of overseas trading activities … the result of capitalist development driven by the interaction of late medieval institutions and the economic …
Persistent link: https://www.econbiz.de/10005067437
We construct a model of simultaneous change and persistence in institutions. The model consists of landowning elites … and workers, and the key economic decision concerns the form of economic institutions regulating the transaction of labour … (e.g., competitive markets versus labour repression). The main idea is that equilibrium economic institutions are a …
Persistent link: https://www.econbiz.de/10005114453