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The impact of product and labour market reform on growth : evidence for OECD countries based on local projections
Haan, Jakob de; Wiese, Rasmus - 2020
This paper examines the impact of labour and product market reforms on economic growth in 25 OECD countries between 1985 and 2013, and tests whether this impact is conditioned by the fiscal policy stance, i.e. whether there are fiscal expansions or adjustments. Our local projection results...
Persistent link: https://www.econbiz.de/10012238489
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Labor market institutions, fiscal multipliers, and macroeconomic volatility
Boeck, Maximilian; Crespo Cuaresma, Jesús; Glocker, … - 2022
We study empirically how various labor market institutions - (i) union density, (ii) unemployment benefit remuneration, and (iii) employment protection - shape fiscal multipliers and output volatility. Our theoretical model highlights that more stringent labor market institutions attenuate both...
Persistent link: https://www.econbiz.de/10013201691
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Bangladesh's Macroeconomic Policy : Trends, Determinants and Impact
Hossain, Monzur (ed.) - 2020 - 1st ed. 2020.
and Wage Adjustments in Bangladesh -- 4. Impact of Energy Price Adjustments on Bangladesh Economy: A Macro …
Persistent link: https://www.econbiz.de/10012399259
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Investing in the Trump Era : How Economic Policies Impact Financial Markets
Sargen, Nicholas P. - 2018
range of macro policy issues that will impact the economy and markets in the years ahead. The primary goal of this book is …
Persistent link: https://www.econbiz.de/10012396773
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Open and Closed Economies : Lessons from the Philippines and Vietnam
Macdonald, Roderick - 2022 - 1st ed. 2022.
Introduction -- The Economy of Vietnam (with Trung Quang Nguyen) -- The Economy of the Philippines (with Teresa Rivera … describes the economy of Vietnam that has grown rapidly since beginning to open in 1994. Chapter 3 relates the stagnation of the … (2019), and The Economy and Business Environment of Vietnam (2020) with Palgrave Macmillan since retiring from ESG …
Persistent link: https://www.econbiz.de/10012814648
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The empire project : trade policy in interwar Canada
Lampe, Markus; O'Rourke, Kevin Hjortshøj; Reiter, Lorenz; … - 2023
This paper uses a new dataset on the universe of Canadian imports and tariffs between 1924 and 1936, disaggregated into 1697 goods originating in 112 countries, to analyse the impact on Canadian imports of interwar Canadian trade policy, including the 1932 Ottawa trade agreements. Rather than...
Persistent link: https://www.econbiz.de/10014275962
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Macroeconomic Policy and a Living Wage : The Employment Act as Redistributive Economics, 1944–1969
Stabile, Donald - 2018
. The Act mandated that the president prepare an Economic Report on the state of the economy and how to improve it, and the … -- 5. The Political Economy of the Employment Act of 1946 -- 6. Kennedy's New Frontier: Tax Cuts and Wage Policy -- 7. The …
Persistent link: https://www.econbiz.de/10012396940
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Fiscal policies for job creation and innovation : the experiences of US states
Chirinko, Robert S.; Wilson, Daniel J. - 2022
This paper reviews selected fiscal policy initiatives undertaken by US states to encourage job creation and innovation. We begin with a discussion of some general considerations about the design of tax policies summarized in a tax policy design table. Four policies are reviewed: job creation tax...
Persistent link: https://www.econbiz.de/10013473649
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Estimating trade policy effects with structural gravity
Piermartini, Roberta; Yotov, Yoto V. - 2016
The objective of this manuscript is to serve as a practical guide for estimations with the structural gravity model. After a brief review of the theoretical foundations, we summarize the main challenges with gravity estimations and we review the solutions to address those challenges. Then, we...
Persistent link: https://www.econbiz.de/10011509468
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The 2020 US presidential election and Trump's trade war
Lake, James; Nie, Jun - 2022
The trade war initiated by the Trump administration is the largest since the US imposed the Smoot-Hawley tariffs in the 1930s and was still raging when he left office. We analyze how the trade war impacted the 2020 US Presidential election. Our results highlight the political salience of the...
Persistent link: https://www.econbiz.de/10013171058