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Does financial deregulation boost top incomes? : evidence from the Big Bang

Tanndal, Julia; Waldenström, Daniel - 2016

This study estimates the impact of financial deregulation on top income shares. Using the novel econometric method of constructing synthetic control groups, we show that the "Big Bang"-deregulations in the United Kingdom in 1986 and Japan 1997-1999 increased the share of pre-tax incomes going to...

Persistent link: https://www.econbiz.de/10011450671

The value of redistribution : natural resources and the formation of human capital under weak institutions

Agüero, Jorge M.; Balcázar, Carlos Felipe; Maldonado … - 2017

We exploit time and spatial variation generated by the commodities boom to measure the effect of natural resources on human capital formation in Peru, a country with low governance indicators. Combining test scores from over two million students and district-level administrative data on mining...

Persistent link: https://www.econbiz.de/10011704263

Minding the happiness gap : political institutions and perceived quality of life in transition

Nikolova, Milena - 2015

Along with political and economic changes, the fall of the socialist regimes in Central and Eastern Europe and the former Soviet Union brought about fundamental institutional reforms. Several studies have examined the causes of the increasing unhappiness which accompanied the transition process,...

Persistent link: https://www.econbiz.de/10011387030

Entrepreneurship, institutions and skills in low-income countries

Brixiova, Zuzana; Égert, Balázs - 2017

This paper develops a model of costly firm creation in an economy with weak institutions, costly business environment as well as skill gaps where one of the equilibrium outcomes is a low-productivity trap. The paper tests the implications of the model using a cross-sectional dataset including...

Persistent link: https://www.econbiz.de/10011641557

Spillover effects of institutions on cooperative behavior, preferences and beliefs

Englmaier, Florian; Riedl, Arno; Weber, Roberto A. - 2017

nature of an institution that enforces prosocial behavior in one domain affects behavior in another domain and whether it … whether, for only one game, there is an institution enforcing cooperation and vary also whether the institution is imposed … exogenously or arises endogenously through voting. Our results show that the presence of an institution in one game generally …

Persistent link: https://www.econbiz.de/10011664359

Labour market transitions, shocks and institutions in turbulent times : a cross-country analysis

Bachmann, Ronald; Felder, Rahel - 2018

This paper analyses the impact of the business cycle on labour market dynamics in EU member states and the US during the first decade of the 21st century. Using unique measures of labour market flows constructed from worker-level micro data, we examine to what extent macro shocks were...

Persistent link: https://www.econbiz.de/10011821431

Institutions, culture, and wetland values

Mayula Chaikumbung; Doucouliagos, Chris; Scarborough, Helen - 2018

Do institutions and culture affect environmental values? In this article we analyze 1,041 environmental valuations of 223 wetlands in 38 developing countries, to examine the effect of institutions and culture on environmental values. We assess three dimensions of institutional quality: economic...

Persistent link: https://www.econbiz.de/10011914982

A theory of conservative revivals

Iyigun, Murat; Rubin, Jared; Seror, Avner - 2018

Why do some societies fail to adopt more efficient political and economic institutions in response to changing economic conditions? And why do such conditions sometimes generate conservative ideological backlashes and, at other times, progressive social and political movements? We propose an...

Persistent link: https://www.econbiz.de/10011949432

Want freedom, will travel : emigrant self-selection according to institutional quality

Naghsh Nejad, Maryam; Young, Andrew T. - 2015

We investigate emigrant self-selection according to institutional quality using up to 3,566 observations on bilateral migration flows from 77 countries over the 1990-2000 period. We relate these flows to differences in political and economic institutions. We improve and expand upon previous...

Persistent link: https://www.econbiz.de/10011317631

The determinants of part-time work in EU countries : empirical investigations with macro-panel data

Buddelmeyer, Hielke (contributor); … - 2004 - [Elektronische Ressource]

This paper aims to identify the contribution of the business cycle and structural factors to the development of part-time employment in the EU-15 countries, through the exploitation of both cross-sectional and time series variations over the past two decades. Key results include that the...

Persistent link: https://www.econbiz.de/10002475352

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