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Entrepreneurship is usually indentified as an important determinant of aggregate productivity and long-term growth. The determinants of entrepreneurship, nevertheless, are not entirely understood. A recent literature has linked entrepreneurship to the development of the justice system. This...
Persistent link: https://www.econbiz.de/10011807415
In this paper, we study the impact of exogenous variations of international oil prices on the incidence of protest, while exploring the role of the shadow economy as a mitigating factor. We find that oil price shocks are negatively associated with protests, but the effect is less severe the...
Persistent link: https://www.econbiz.de/10012839829
What role do community norms play in the diffusion and persistence of new organizational practices? We explore this question through an examination of the widespread practice of wage arrears, the late and non-payment of wages, in Russia during the 1990s. Existing research on wage arrears most...
Persistent link: https://www.econbiz.de/10010261776
We present a model of wage contract violation that implies a possibility of multiple equilibria in the level of arrears. Positive feedback arises because each employer's arrears affect the costs of late payment faced by other employers operating in the same labor market, resulting in a network...
Persistent link: https://www.econbiz.de/10010262404
We present a model of wage contract violation that implies a possibility of multiple equilibria in the level of arrears. Positive feedback arises because each employer's arrears affect the costs of late payment faced by other employers operating in the same labor market, resulting in a network...
Persistent link: https://www.econbiz.de/10011339102
institutional quality matters. The quality of institutions in the Economic Community of West African States (ECOWAS) countries … influences bilateral trade. Political stability is an essential component of the quality of the institutions that determine trade …
Persistent link: https://www.econbiz.de/10012805544
Entrepreneurship is usually identified as an important determinant of aggregate productivity and long-term growth. The determinants of entrepreneurship, nevertheless, are not entirely understood. A recent literature has linked entrepreneurship to the development of the justice system. This paper...
Persistent link: https://www.econbiz.de/10013120850
local level, or to pre-existing trends in entrepreneurship. -- access to justice ; courts ; entrepreneurship ; institutions …
Persistent link: https://www.econbiz.de/10009315472
local level, or to pre-existing trends in entrepreneurship. -- access to justice ; courts ; entrepreneurship ; institutions …
Persistent link: https://www.econbiz.de/10009266678
is measured by indicators of individual values and beliefs, such as trust and respect for others, and confidence in … instruments: the literacy rate at the end of the XIXth century, and the political institutions in place over the past several … and with available measures of institutions in a cross-country setting. …
Persistent link: https://www.econbiz.de/10010261295