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We investigate the regulation of labor markets through employment laws, collective bargaining laws, and social security … generous social security systems. Socialist and French legal origin countries have sharply higher levels of labor regulation …. Heavier regulation of labor is associated with a larger unofficial economy, lower labor force participation, and higher …
Persistent link: https://www.econbiz.de/10013244876
differences in financial development, contracting costs or regulation. We find cross-country correlations between vertical …
Persistent link: https://www.econbiz.de/10012762442
We use two micro data sets that collect harmonized data across countries to investigate the effects of regulation on … regulation we use, we always find a detrimental effect of regulation on entrepreneurship. While women are overall less likely to … opportunity but because they could not find better work. Moreover, regulation dampens the effects of self-assessed business skills …
Persistent link: https://www.econbiz.de/10012764829
Discussions of financial risk often fail to distinguish between risks that are consciously borne and those that are not. To understand the breeding conditions for financial crises the prime focus of concern should not be simply on large risk-taking per se, but on the unintended, or unanticipated...
Persistent link: https://www.econbiz.de/10012786498
government designs the rules of the game has an impact on concentration, competition, and prices. Pro-competition regulation …
Persistent link: https://www.econbiz.de/10012965433
After outlining characteristics of Japan's distribution sector, a comprehensive international comparison of it to those …
Persistent link: https://www.econbiz.de/10013230963
the United States, is that the heavy regulation of Europe reduces its growth. Using newly assembled data on regulation in … several sectors of many OECD countries, we provide substantial and robust evidence that various measures of regulation in the …
Persistent link: https://www.econbiz.de/10013216094
This paper reviews the literature on international comparative household finance. The paper presents summary statistics on household balance sheets for 13 developed countries, and uses these statistics to discuss common features and contrasts across countries. The paper then discusses retirement...
Persistent link: https://www.econbiz.de/10012997290
. Our central finding is that the US dollar scores (by a wide margin) as the world's dominant anchor currency and, by some …
Persistent link: https://www.econbiz.de/10012963738
) attributed to corporate financial roots provide a benchmark for comparison. Firm-level data show that post-GFC, emerging market …
Persistent link: https://www.econbiz.de/10012956372