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The Dynamics of Exclusion and Fiscal Conservatism

Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 1994

This paper studies the impact of income inequality on fiscal conservatism when an increase in inequality affects the bottom portion of income distribution. It is argued that, contrary to what is generally assumed in the economic literature, inequality will then be associated with less, rather...

Persistent link: https://www.econbiz.de/10005136638

The Distributional Consequences of Russia's Transition

Doyle, Christopher - C.E.P.R. Discussion Papers - 1993

rise in income inequality. Poverty has increased sharply with an estimated 18.5% of the population on incomes below the …

Persistent link: https://www.econbiz.de/10005498039

Openness, Inequality and Poverty: Endowments Matter

de Melo, Jaime; Gourdon, Julien; Maystre, Nicolas - C.E.P.R. Discussion Papers - 2006

Using tariffs as a measure of openness, this paper finds consistent evidence that the conditional effects of trade liberalization on inequality are correlated with relative factor endowments. Trade liberalization is associated with increases in inequality in countries well-endowed in highly...

Persistent link: https://www.econbiz.de/10005114466

Structural Adjustment, Macroeconomic Adjustment and Poverty: A Methodology for Analysis

Kanbur, Ravi - C.E.P.R. Discussion Papers - 1986

estimates of the impact of adjustment on poverty using household income and expenditure surveys currently available in LDCs. It … proposes the use of decomposable poverty indices as a tractable vehicle for calculating the impact of adjustment on overall … poverty. This framework does require, however, reasonably disaggregated data on income distribution. …

Persistent link: https://www.econbiz.de/10005661633

Non-Keynesian Effects of Fiscal Policy Changes: International Evidence and the Swedish Experience

Giavazzi, Francesco; Pagano, Marco - C.E.P.R. Discussion Papers - 1995

In earlier work we documented two episodes in which a sharp fiscal consolidation was associated with a surprisingly large expansion in private domestic demand. In this paper we draw on further evidence to investigate if and when fiscal policy changes can have such non-Keynesian effects. In the...

Persistent link: https://www.econbiz.de/10005136472

Non-Separable Preferences and Frisch Labor Supply: One Solution to a Fiscal Policy Puzzle

Bilbiie, Florin Ovidiu - C.E.P.R. Discussion Papers - 2009

This paper proposes a theoretical explanation of the empirical finding that private consumption increases in response to an increase in government spending. The explanation requires two ingredients. First, labor demand expands (e.g. prices are sticky). Second, general non-separable preferences...

Persistent link: https://www.econbiz.de/10008459766

Fiscal Policy, Wealth Effects and Markups

Monacelli, Tommaso; Perotti, Roberto - C.E.P.R. Discussion Papers - 2008

We document that an increase in government purchases generates a rise in consumption, the real and the product wage, and a fall in the markup. This evidence is robust across alternative empirical methodologies used to identify innovations in government spending (structural VAR vs. narrative...

Persistent link: https://www.econbiz.de/10005662286

Interpreting the 'One Big Wave' in US Long-Term Productivity Growth

Gordon, Robert J - C.E.P.R. Discussion Papers - 2000

mysterious doubling in the ratio of output to capital input when the postwar era is compared with 1870-1929. Measurement … the measurement of capital. A new MFP series taking account of all these adjustments grows more slowly throughout, and the …

Persistent link: https://www.econbiz.de/10005124204

The Mirage of Convergence: Why Poor Countries May Only Seem to Be Closing the Income Gap

Filer, Randall K; Hajkova, Dana; Hanousek, Jan - C.E.P.R. Discussion Papers - 2004

Replication of two recent studies of growth determinants shows that results are sensitive to the choice of data from which growth rates are calculated, especially with respect to whether economic convergence has occurred. Previous warnings against using data that has been adjusted to increase...

Persistent link: https://www.econbiz.de/10005656283

On the Measurement of Trade Costs: Direct vs. Indirect Approaches to Quantifying Standards and Technical Regulations

Chen, Natalie; Novy, Dennis - C.E.P.R. Discussion Papers - 2012

In this article, we review the literature on the measurement of trade costs in international trade with a special …

Persistent link: https://www.econbiz.de/10011083427

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