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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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Macroeconomic Policy in India Since the Global Financial Crisis : Trends, Policies and Challenges in Economic Revival Post-Covid
Morris, Sebastian - 2022
the economy back to high growth trajectory, leading to economic transformation. To do so, the book covers trends in … performance of Indian economy since the Global Financial Crisis to the COVID-19 effect, bringing out factors that have determined … opportunities present in an emerging economy with vast under and utilised labour and the macroeconomic policy initiatives that can …
Persistent link: https://www.econbiz.de/10013203515
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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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Managing households' expectations with salient economic policies
D'Acunto, Francesco; Hoang, Daniel; Weber, Michael - 2019 - This version: August 2019
The empirical effectiveness of economic policies that operate theoretically through similar channels differs substantially. We document this fact by comparing an easy-to-grasp expectations-based policy, unconventional fiscal policy, with a policy whose implications are harder to understand by...
Persistent link: https://www.econbiz.de/10012057290
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The ECB's policy, the recovery fund and the importance of trust : the case of Greece
Dimakopoulou, Vasiliki; Oikonomidēs, Geōrgios; … - 2021
This paper, using a microfounded macroeconomic model that embeds the key features of the Greek economy, studies the … ECB, like the PEPP, for the Greek economy? Do they help the real economy and, if yes, by how much? What would have …
Persistent link: https://www.econbiz.de/10012650611
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What do we know about the macroeconomic effects of fiscal policy? : a brief survey of the literature on fiscal multipliers
Castelnuovo, Efrem; Lim, Guay C. - 2018
/busts, and in the presence of the zero lower bound. Studies on the effects of fiscal policy in open economy settings as well as …
Persistent link: https://www.econbiz.de/10011933907
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How cost effective are new cancer drugs in the U.S.?
Lichtenberg, Frank R. - 2017
The number of drugs approved by the FDA for treating cancer has increased substantially during the last 40 years. Moreover, cancer drug innovation has been accelerating: more than 8 times as many new cancer drugs were approved during 2005-2015 as were approved during 1975-1985 (66 vs. 8). During...
Persistent link: https://www.econbiz.de/10011735934
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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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Business Development and Economic Governance in Southeastern Europe : 13th International Conference on the Economies of the Balkan and Eastern European Countries (EBEEC), Pafos, Cy...
Sklias, Pantelēs G. (ed.); Polychronidou, Persefoni (ed.);  … - International Conference "Economies of the Balkan and … - 2022
Public Administration/Governance and the Economies of Southeastern Europe -- Greek Political Economy in the Post …
Persistent link: https://www.econbiz.de/10013373468