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Pinho, Carlos - Departamento de Economia, Gestão e Engenharia … - 2007

Using panel data, this paper explores the role of infrastructure and human capital in the convergence of income levels … reject the hypothesis of non-convergence in per capita incomes of UE countries, but the results do not support the hypothesis … that the speed of convergence is affected by infrastructures. …

Persistent link: https://www.econbiz.de/10005021900

Regional Income Differences in Finland, 1966-96

Sullström, Risto; Loikkanen, Heikki A.; Rantala, Anssi - Valtion taloudellinen tutkimuskeskus (VATT), Government … - 1998

been regional convergence especially in disposable and final income per capita. Regional Gini-coefficients based on …

Persistent link: https://www.econbiz.de/10005545961

Déficits gêmeos e poupança nacional: abordagem convencional e pós keynesiana

Resende, Marco Flávio da Cunha - Centro de Desenvolvimento e Planejamento Regional … - 2005

A consensus has not yet emerged about the relationship between the budget deficit, external deficit and national saving. In general, the mechanisms through which a budget deficit could cause a current account deficit are not highlighted in the works about this theme. Basing on the Post Keynesian...

Persistent link: https://www.econbiz.de/10005086382

Fiscal policy and economic stability: Does PIGS stand for procyclicality in government spending?

Peter, Claeys; Alessandro, Maravalle - Department of Communication, University of Teramo - 2011

The Financial Crisis has hit particularly hard countries like Ireland or Spain. Procyclical fiscal policy has contributed to a boom-bust cycle that undermined fiscal positions and deepened current account deficits during the boom. We set up an RBC model of a small open economy, following Mendoza...

Persistent link: https://www.econbiz.de/10009364842