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This paper examines salary gaps by gender and nationality at the World Bank Group between 1987 and 2015 using a unique … three main findings. First, 76 percent of the $27,400 salary gap across the average male and female staff at the World Bank … Group can be attributed to composition effects, whereby men entered the World Bank Group at higher paid positions …
Persistent link: https://www.econbiz.de/10012570292
This paper reviews the findings of more than 150 studies on the impacts of four types of labor market institutions: minimum wages, employment protection regulation, unions and collective bargaining, and mandated benefits. The review places particular emphasis on results from developing...
Persistent link: https://www.econbiz.de/10012560415
Aid is expected to promote better living standards by raising investment and growth. But aid may also affect institutions directly. In theory, these effects may or may not work in the same direction as those on investment. The authors examine the effect of aid on economic institutions and find...
Persistent link: https://www.econbiz.de/10012553812
Recent empirical research has focused on the role of institutions in overall economic performance. This paper examines the impact of institutions on the relative performance of the service sector. Through cross-country level and growth regressions it establishes the following stylized fact:...
Persistent link: https://www.econbiz.de/10012553852
Fiscal equalization programs are fairly common features of intergovernmental fiscal relations in industrial countries. Some developing countries have also recently introduced these programs and still others are contemplating such programs. Institutional arrangements for fiscal equalization vary...
Persistent link: https://www.econbiz.de/10012554240
The authors examine how well several institutional and firm-level factors and their interactions explain firms' perceptions of property rights protection. Their sample includes private and public firms that vary in size from very small to large in 62 countries. Together, the institutional...
Persistent link: https://www.econbiz.de/10012554260
This paper introduces a large new cross-country database on political institutions: the Database on Political Institutions (DPI). The authors summarize key variables (many of them new), compare this data set with others, and explore the range of issues for which the data should prove invaluable....
Persistent link: https://www.econbiz.de/10012572726
Using a firm-level survey database covering 48 countries, the authors investigate whether differences in financial and legal development affect the way firms finance their investments. The results indicate that external financing of investments is not a function of institutions, although the...
Persistent link: https://www.econbiz.de/10012573228
Several recent papers have attempted to identify the partial effects of trade integration and institutional quality on long-run growth using the geographical determinants of trade and the historical determinants of institutions as instruments. The authors show that many of the specifications in...
Persistent link: https://www.econbiz.de/10012573193
Oil discoveries can constitute a major positive and exogenous shock to economic activity, but the resource curse hypothesis would suggest they might also be detrimental to growth over the long run. This paper utilizes a new methodology for estimating growth underperformance to examine the extent...
Persistent link: https://www.econbiz.de/10012569918