Search results for "informal economy"
showing 3 items of 3 documents
RENT CREATION AND RENT SHARING: NEW MEASURES AND IMPACTS ON TOTAL FACTOR PRODUCTIVITY
2019
International audience; This analysis proposes new measures of rent creation and rent sharing and assesses their impact on productivity on cross-country-industry panel data. We find first that: (1) anticompetitive product market regulations positively affect rent creation and (2) employment protection legislation boosts hourly wages, particularly for low-skill workers. However, we find no significant impact of this employment legislation on rent sharing, as the hourly wage increases are offset by a negative impact on hours worked. Second, using regulation indicators as instruments, we find that rent creation and rent sharing both have a substantial negative impact on total factor productivi…
Apologia del libero mercato
2019
In a dusty square of an ancient neighborhood of Palermo there is a miserable second-hand market, called “mercato dell’Albergheria. Merchandise sold is mainly stuff collected from garbage. Those who sell and buy are some of the poorest and most marginalized among urban population, so none of the sellers has a permission or pays any tax. Nevertheless, Albergheria market had existed undisturbed for about twenty years. It therefore seems to be an actualization of the free market ideal. The State is not there: neither to give, nor to require. In the main square, where the market is, a peculiar coincidence occurs: one of the buildings, an ex-cinema, is now a lecture-hall of the Law Department of …
Rematrice o filatrice? Donne in un’economia di frontiera (Isole Eolie, inizio dell’Ottocento)
2018
The article explores women’s economic agency in the “border economies” of Mediterranean ports and islands, focusing on the case of Stromboli, in the Sicilian Aeolian Archipelago, in the first half of the nineteenth century. The position of women in the public and the private sphere and the lack of relevant contemporary socio-professional categories makes it difficult to identify their activities, although they are crucial to the understanding of coastal societies. The paper stresses the importance of women’s full involvement in the typical pluriactivity of such communities, combining trade with agriculture and seafaring. In Stromboli, travelers’ reports, notarial and judicial sources show a…