This paper empirically investigates the influence of globalization on various aspects of labor market deregulation. I employ the data set by Bassanini and Duval (2006) on labor market institutions in OECD countries and the KOF index of globalization. The data set covers 20 OECD countries in the 1982-2003 period. The results suggest that globalization did neither influence the unemployment repla...

We consider a dynamic model of an economy where productive capital can be owned only by the members of an elite oligarchy, because property rights and contracts are effectively enforced only by their private political networks. This private protection entails a degree of ownership security that is good but not perfect. We find that the performance of the economy will depend critically on oligar...

Cost contribution arrangements (CCAs) and Cost sharing agreements (CCAs) belong to the tools of modern finance management. Costs spend by associated enterprises on developing producing or obtaining assets, services or rights (in general benefits) are used for tax optimizing too. The main purpose of joint research and development, producing or obtaining benefits is to lower these costs as much a...

There is little doubt that electronic commerce has penetrated many people’s—and particularly business’—lives in one way or another, during the past few years. But how many businesses really use the Internet? How do they use it? And how are they planning to use it? When it comes to a precise evaluation of the importance of e-commerce, including its dimensions, growth-rate and role in economic gr...

BACKGROUND In 1997 there was a major reform of the government run urban health insurance system in China. The principal aims of the reform were to widen coverage of health insurance for the urban employed and contain medical costs. Following this reform there has been a transition from the dual system of the Government Insurance Scheme (GIS) and Labour Insurance Scheme (LIS) to the new Urban Em...

Trade and export, it is argued, spur economic growth. This paper studies the microeconomics of exporting. We build a heuristic model of transactions between exporters and producers and relate it to East India Company operations in colonial Bengal. Our model and the historical record stress two difficulties: the exporter and its agents might not uphold payment agreements, and producers might not...

Correspondence: andrea.garnero@ oecd.org OECD, 2, rue André Pascal -, 75775 Paris Cedex 16, France CEB, Université libre de Bruxelles, Brussels, Belgium Full list of author information is available at the end of the article Abstract: This paper provides a comprehensive portrait of the level and compliance with sectoral minimum wages in Italy between 2008 and 2015. The results show that wage flo...

On 18 March 2014, approximately 300 students stormed the Legislative Yuan in Taipei, and began occupying the building. This was done in response to legislators from the ruling Chinese Nationalist Party (Kuomintang, KMT) expediting the review process of the controversial Cross-Strait Services Trade Agreement (CCSTA) with the People’s Republic of China (PRC). Many Taiwanese feared that the CSSTA,...

Firing costs due to employment protection legislation have two separate dimensions: a transfer from the firm to the worker to be laid off and a tax paid outside the firm-worker pair. We document that quantitatively transfers are a much larger component than taxes. Nevertheless, to avoid the “bonding critique” most of the existing literature overlooks the transfer component by making the implici...