6 articles in this issue
George Economides, Thomas Moutos
This paper analyzes long run outcomes resulting from adopting a binding minimum wage. The model distinguishes between workers of heterogeneous ability, and capitalists who do all the saving, and it entails – relative to the perfectly competitive benchmark... see more
Paul Garcia Hinojosa
Over the past two decades, the downward trend of income inequality in Brazil has been accompanied by a sharp increase in the real value of the minimum wage. There is no empirical consensus on whether the minimum wage has an equalizing effect on income dis... see more
Oleg Sidorkin
I study the relationship between management quality and innovation input, and output of firms in ten emerging countries using data from the Management, Organization and Innovation (MOI) Survey. I find that management quality is tightly connected to the de... see more
Iordanis Kalaitzoglou
This study models the trading intensity in European Allowances (EUA) futures contracts, in the European Climate Exchange (ECX) using various specifications and investigates the forecasting ability of observable versus unobservable factors. This set up tes... see more
Roland B. Davies, Arman Mazhikeyev
Using firm level data from Africa and Asia, we estimate the impact of being in a special economic zone (SEZ) on a firm's probability of exporting, export intensity, and value of exports. At the extensive margin, we find that SEZ firms in open economies ar... see more
Kyriakos Emmanouilidis, Christos Karpetis
The present paper aims to examine the effects of entry business regulation on the Foreign Direct Investment (FDI) inflows (net amount) of 185 countries covering a period from 2004 to 2017. For that reason, we estimate a dynamic panel FDI specification, wh... see more