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Djankov, Simeon - 2003

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/10012468942

Individual Rights and Collective Agents : The Role of Old and New Workplace Institutions in the Regulation of Labor Markets

Weil, David - 2003

somehow help solve the public goods problem inherent in workplace regulation. Second, the agent must be able to reduce the …

Persistent link: https://www.econbiz.de/10012469135

The Impact of Regulation on Innovation

Aghion, Philippe; Bergeaud, Antonin; Van Reenen, John - National Bureau of Economic Research - 2021

Does regulation affect the pace and nature of innovation and if so, by how much? We build a tractable and quantifiable ….4% lower due to the regulation, a 2.2% consumption equivalent welfare loss. Four-fifths of this loss is due to lower innovation … changes in the direction of R&D, and find that regulation's negative effects only matter for incremental innovation (as …

Persistent link: https://www.econbiz.de/10012482599

Cross-border Acquisitions and Labor Regulations

Levine, Ross - 2015

Do labor regulations influence the reaction of stock markets and firm profitability to cross-border acquisitions? We discover that acquiring firms enjoy smaller abnormal stock returns and profits when targets are in countries with stronger labor protection regulations, i.e., in countries where...

Persistent link: https://www.econbiz.de/10012457422

Great expectations : law, employment contracts, and labor market performance

MacLeod, William Bentley - 2010

"This paper reviews the literature on employment and labor law. It is observed that all jurisdictions in the world have …

Persistent link: https://www.econbiz.de/10012454965

Determinants of Vertical Integration : Finance, Contracts, and Regulation

Acemoglu, Daron; Johnson, Simon; Mitton, Todd - 2005

differences in financial development, contracting costs or regulation. We find cross-country correlations between vertical …

Persistent link: https://www.econbiz.de/10012467255

Regulating Internalities

Allcott, Hunt - 2015

This paper offers a framework for regulating internalities. Using a simple economic model, we provide four principles for designing and evaluating behaviorally-motivated policy. We then outline rules for determining which contexts reliably reflect true preferences and discuss empirical...

Persistent link: https://www.econbiz.de/10012457480

Property Rights, Regulatory Capture, and Exploitation of Natural Resources

Costello, Christopher - 2015

We study how the strength of property rights to individual extractive firms affects a regulator's choice over exploitation rates for a natural resource. The regulator is modeled as an intermediary between current and future resource harvesters, rather than between producers and consumers, as in...

Persistent link: https://www.econbiz.de/10012457807

Competing on Speed

Pagnotta, Emiliano - 2011

' trading and participation decisions. Our model predicts that regulation that protect prices will lead to fragmentation and …

Persistent link: https://www.econbiz.de/10012461006

Vaccine Supply : Effects Of Regulation And Competition

Danzon, Patricia Munch - 2011

In US vaccine markets, competing producers with high fixed, sunk costs face relatively concentrated demand. The resulting price and quality competition leads to the exit of all but one or very few producers per vaccine. Our empirical analysis of exits from US vaccine markets supports the...

Persistent link: https://www.econbiz.de/10012461452