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Testing the convergence hypothesis for OECD countries : a reappraisal

Gadea, María Dolores; Sanz-Villarroya, Isabel - 2017

This paper reviews the results of a number of empirical studies of convergence among the OECD countries and discusses … OECD countries, there are different clusters. The parameter representing the convergence hypothesis, despite being negative … convergence between the countries that belong to the upper quantiles. Moreover, 1960–1970 is highlighted as the period in which …

Persistent link: https://www.econbiz.de/10011629413

Does fiscal consolidation hurt economic growth? : empirical evidence from Spanish regions

Lago Peñas, Santiago; Vaquero-Garcia, Alberto; … - 2019

This article brings empirical evidence on the effect of fiscal consolidation in decentralized countries. The focus on Spain is justified by three reasons. First, it is one of the OECD countries most affected by the Great recession in terms of both GDP and public deficit. Second, Spain is one of...

Persistent link: https://www.econbiz.de/10012110762

A replication of "The long-run impact of foreign aid in 36 African countries: insights from multivariate time series analysis" (Oxford Bulletin of Economics and Statistics, 2014)

Roger, Lionel - 2019

Macroeconomic data have been shown to vary substantially between sources, especially so for low-income countries. While the impact of data revisions on inference is well documented for cross-country studies, there is no systematic analysis of the robustness of results obtained from time series...

Persistent link: https://www.econbiz.de/10012139181

The finance-growth nexus revisited : from origins to a modern theoretical landscape

Stolbov, Michail I. - 2013

The paper recounts the history of the finance-growth nexus research from its origins to the yearly 1990s. The contributions are analyzed in connection with the socioeconomic context and advances in economic theory. Many ideas first expressed decades ago are still subject to constant discussions...

Persistent link: https://www.econbiz.de/10009690768

Tackling energy, climate and development challenges in Africa

Mutanga, Shingirirai Savious; Quitzow, Rainer; Steckel, … - 2018

In order to fulfill multiple sustainable development targets, most prominently human development, poverty eradication and climate change mitigation, African countries need infrastructure that cover basic needs while at the same time promote industrialization and value creation. G20 countries can...

Persistent link: https://www.econbiz.de/10011917270

Green fiscal reform for a just energy transition in Latin America

Jakob, Michael; Soria, Rafael; Trinidad Alvarado, Carlos; … - 2019

Green fiscal reforms would contribute to climate change mitigation, increase the economic efficiency of national tax systems and provide additional public revenues. Some countries in Latin America have already taken first steps towards green fiscal reforms. This outlook article provides an...

Persistent link: https://www.econbiz.de/10011983269

Systematic fiscal policy and macroeconomic performance : a critical overview of the literature

Boeing-Reicher, Claire - 2014

The literature on systematic fiscal policy and macroeconomic performance in industrialized countries is large but fragmented. Based on a broad overview of that literature, several patterns emerge. First, the empirical literature points toward strongly anticyclical policy, which consists of...

Persistent link: https://www.econbiz.de/10010425062

Towards a comprehensive approach to climate policy, sustainable infrastructure, and finance

Bak, Céline; Bhattacharya, Amarendra; Edenhofer, Ottmar; … - 2017

The authors propose a policy package of low-carbon growth stimulation through a steep increase in sustainable infrastructure, mobilizing sustainable finance, and adoption of carbon pricing to simultaneously achieve the objectives of the Paris Agreement and the Sustainable Development Goals.

Persistent link: https://www.econbiz.de/10011750591