Найдено 66 публикаций
This paper studies the influence of institutional quality and income inequality on the private provision of security. It is argued that the effects of both factors are far from straightforward and should be thoroughly examined when variation in institutional quality and income inequality is high. To conduct empirical analysis, data on the regions of Russia between 2009 and 2016 are used. It is hypothesized and empirically supported that institutional quality affects the relationship between the private and public provision of security. Weak institutions make the private provision of security a substitute for the public provision of security, whereas strong institutions promote complementarity between the two. It is also shown that income inequality increases the private provision of security when inequality is low and decreases it when inequality is high. This result can be attributed to economies of scale.
Добавлено: 27 августа 2018
Добавлено: 19 мая 2016
Youth unemployment is a troublesome problem in many European countries. In the first part of the paper, we consider the aggregate trends in some EU countries and in Russia; we especially investigate the recent period after the global crisis and Great Recession. We then consider the different types of determinants, including macroeconomic conditions, structural determinants, labour market institutions and regulations. However, the focus of our analysis is on the role played by individual and family determinants such as age, gender, education level, marital status, health, household income, housing condition. The econometric part of the paper makes use of Eurostat micro-level data EU-SILC for Italy and RLMS-HSE data set for Russia. We consider a Heckman probit model to estimate the unemployment risk of young people in the period 2004-2011. Our main research question is to explain the probability of being unemployed for young people in terms of their personal characteristics and compare these outcomes with results for the same model for adult people. We take also into account some macro variables, such as living in urban areas or the regional unemployment rate. The results are of interest, since the two countries have quite different labor market institutions, besides having different levels of youth unemployment. However, most of the explanatory variables act in the same direction in both countries and it is interesting to compare the relative size of such effects (that we measure through the “average partial effects”).
Добавлено: 13 октября 2014