Showing 1 - 8 of 8
); innovation returns are modeled as following an ex ante known probability distribution. By assuming that innovation outcomes are …
Persistent link: https://www.econbiz.de/10013426454
cost-efficient, long-term improvements, we identify the school system's capacity for knowledge-enhancing innovation as … considering evidence from regular markets that competition and the presence of for-profit actors should spur innovation. Our … analysis suggests that these factors are necessary but not sufficient conditions for innovation, tracing the obstacles to …
Persistent link: https://www.econbiz.de/10014377204
This paper studies the effects of the introduction of unemployment compensation (UC) in countries characterized by pervasive informality. We provide a simple framework to analyze the impact of UC on the allocation of workers between formal and informal activities, as well as the allocation of...
Persistent link: https://www.econbiz.de/10010293204
This paper studies the impact of product and labor market regulations on informality and unemployment in a general framework where formal and informal firms are subject to the same externalities, differing only with respect to some parameter values. Both formal and informal firms have monopoly...
Persistent link: https://www.econbiz.de/10010278505
We consider a dual labor market with a frictional formal sector and a competitive informal sector. We show that the size of the informal sector is generally too large compared to the optimal allocation of the workers. It follows that our results give a rationale to informality-reducing policies.
Persistent link: https://www.econbiz.de/10010290000
This paper studies the effects of the introduction of unemployment compensation (UC) in countries characterized by pervasive informality. We provide a simple framework to analyze the impact of UC on the allocation of workers between formal and informal activities, as well as the allocation of...
Persistent link: https://www.econbiz.de/10010960130
We consider a dual labor market with a frictional formal sector and a competitive informal sector. We show that the size of the informal sector is generally too large compared to the optimal allocation of the workers. It follows that our results give a rationale to informality-reducing policies.
Persistent link: https://www.econbiz.de/10010744669
This paper studies the impact of product and labor market regulations on informality and unemployment in a general framework where formal and informal firms are subject to the same externalities, differing only with respect to some parameter values. Both formal and informal firms have monopoly...
Persistent link: https://www.econbiz.de/10008839271