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Voting with your Children: A Positive Analysis of Child Labour Laws

Doepke, Matthias; Zilibotti, Fabrizio - C.E.P.R. Discussion Papers - 2003

We develop a positive theory of the adoption of child-labour regulation, based on two key mechanisms. First, parental decisions on family size interact with their preferences for child-labour regulation. Second, the supply of child labour affects skilled and unskilled wages. If policies are...

Persistent link: https://www.econbiz.de/10005067344

Aspects of Fiscal Performance in some Transition Economies under Fund-supported Programs

Buiter, Willem H. - C.E.P.R. Discussion Papers - 1996

This paper contains a selective review of some of the key fiscal issues faced by transition economies. The twelve … quality of the debate about the design and conduct of fiscal policy in transition economies generally. The outline of the … seigniorage. Section IV discusses eight specific budgetary issues I consider to be of special relevance to transition economies …

Persistent link: https://www.econbiz.de/10005123808

Detecting Structural Breaks in Exchange Rates in Transition Economies

Kocenda, Evzen - C.E.P.R. Discussion Papers - 2000

The aim of this paper is to provide evidence of structural breaks in the exchange rates of European transition …

Persistent link: https://www.econbiz.de/10005124398

Beyond The Design Of Monetary Policy Alone: Fiscal Commitment, Macro Coordination, And Structural Adjustment

Begg, David - C.E.P.R. Discussion Papers - 2000

conditionality that might be welfare-improving for transition economies hoping to accede to EMU. The analysis also highlights the …

Persistent link: https://www.econbiz.de/10005791822

Long Term Debt and the Political Support of a Monetary Union

Uhlig, Harald - C.E.P.R. Discussion Papers - 1997

This paper examines the role of long-term debt in political support for a monetary union or, more generally, an inflation-reduction policy. The central idea is that the decision on membership of the union leads to a redistribution between debtors and creditors, if they are holding long-term debt...

Persistent link: https://www.econbiz.de/10005123670

Are Endowments Fate?

Nugent, Jeffrey B; Robinson, James A - C.E.P.R. Discussion Papers - 2002

In recent theories of comparative development the role of institutional differences has been crucial. Yet what explains comparative institutional evolution? We investigate this issue by studying the coffee exporting economies of Latin America. While homogeneous in many ways, they experienced...

Persistent link: https://www.econbiz.de/10005123696

Will EMU Increase Eurosclerosis?

Bentolila, Samuel; Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 2000

In this paper we study the relationship between labour market institutions and monetary policy. We use a simple macroeconomic framework to show how optimal monetary policy rules depend on labour institutions (labour adjustment costs, and nominal and real wage rigidity) and social preferences...

Persistent link: https://www.econbiz.de/10005124134

Origins and Consequences of Child Labour Restrictions: A Macroeconomic Perspective

Doepke, Matthias; Krueger, Dirk - C.E.P.R. Discussion Papers - 2006

In this paper we investigate the positive and normative consequences of child-labour restrictions for economic aggregates and welfare. We argue that even though the laissez-faire equilibrium may be inefficient, there are usually better policies to cure these inefficiencies than the imposition of...

Persistent link: https://www.econbiz.de/10005656117

On Income Inequality and Green Preferences

Marsiliani, Laura; Renström, Thomas I - C.E.P.R. Discussion Papers - 2003

We derive conditions of individual preferences and technology that give rise to a negative correlation between income inequality and environmental protection. We present a class of models (which captures a static model as well as an overlapping-generations model) in which individuals differ in...

Persistent link: https://www.econbiz.de/10005662063

The Political Economy of Financial Fragility

Feijen, Erik; Perotti, Enrico C - C.E.P.R. Discussion Papers - 2005

While financial liberalization has in general favourable effects, reforms in countries with poor regulation is often followed by financial crises. We explain this variation as the outcome of lobbying interests capturing the reform process. Even after liberalization, market investors must rely on...

Persistent link: https://www.econbiz.de/10005666751