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Monetary Transmission Mechanism in Transition Economies: Surveying the Surveyable
Egert, Balazs; MacDonald, Ronald - CESifo - 2006
This paper surveys recent advances in the monetary transmission mechanism (MTM). In particular, while laying out the functioning of the separate channels in the MTM, special attention is paid to exploring possible interrelations between different channels through which they may amplify or...
Persistent link: https://www.econbiz.de/10005094342
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Modeling Institutions, Start-Ups and Productivity during Transition
Brixiova, Zuzana; Egert, Balazs - CESifo - 2010
The transition paths from plan to market have varied markedly across countries. Central and Eastern European and the … firms at an earlier stage of transition, underscoring the importance of reforms. The role of the state sector as an employer … during transition rises in countries where reforming institutions is particularly costly. …
Persistent link: https://www.econbiz.de/10008572571
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The Efficiency and Equity of the Tax and Transfer System in France
Egert, Balazs - CESifo - 2013
Taxes and cash transfers reduce income inequality more in France than elsewhere in the OECD, because of the large size of the flows involved. But the system is complex overall. Its effectiveness could be enhanced in many ways, for example so as to achieve the same amount of redistribution at...
Persistent link: https://www.econbiz.de/10010641417