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Financial Markets and Economic Growth in Poland: Simulations with an Econometric Model

Wdowinski, Piotr - CESifo - 2005

In this paper we present simulations of economic performance of the Polish economy based on a quarterly econometric model. The model consists of 22 stochastic equations, which link the financial market with the real economy. The purpose of the research is to present effects of changes to...

Persistent link: https://www.econbiz.de/10005766248

Can General Purpose Technology Theory Explain Economic Growth? Electrical Power as a Case Study

Ristuccia, Cristiano Andrea; Solomou, Solomos - CESifo - 2014

Does the concept of General Purpose Technologies help explain periods of faster and slower productivity advance in …, Britain, France, Germany and Japan and proceeds to evaluate the hypothesis of a productivity bonus as postulated by many … there was no generalized productivity boost from electrical power diffusion as postulated by many existing GPT models. The …

Persistent link: https://www.econbiz.de/10010748306

On the Fairness of Early Retirement Provisions

Breyer, Friedrich; Hupfeld, Stefan - CESifo - 2007

Declining fertility and increasing longevity have rendered public pension systems in many OECD countries unsustainable and have triggered substantial reforms of these systems. One of the officially declared reform objectives is to raise the average retirement age. Crucial parameters for this...

Persistent link: https://www.econbiz.de/10005181640

Fiscal Incidence when both Individual Welfare and Family Structure Matter: The Case of Subsidization of Home-Care for the Elderly

Mou, Haizhen; Winer, Stanley L. - CESifo - 2012

subsidy for home care paid to the parents be defined, in budgetary or in welfare terms, and what does simulation tell us about … the distribution of benefits between the generations? We address these issues analytically and with simulation (using data …

Persistent link: https://www.econbiz.de/10009645634

Exchange Rate Dynamics: Where is the Saddle Path?

Cheung, Yin-Wong; Gardeazabal, Javier; Vázquez, Jesús - CESifo - 2004

Persistent link: https://www.econbiz.de/10005405963

Simulation and Estimation of Hedonic Models

Heckman, James J. - CESifo - 2003

Making use of restrictions imposed by equilibrium, theoretical progress has been made on the nonparametric and semiparametric estimation and identification of scalar additive hedonic models (Ekeland, Heckman, and Nesheim, 2002) and scalar nonadditive hedonic models (Heckman, Matzkin, and...

Persistent link: https://www.econbiz.de/10005416481

Privatization in Austria: Some Theoretical Reasons and First Results About the Privatization Proceeds

Belke, Ansgar; Schneider, Friedrich - CESifo - 2004

Persistent link: https://www.econbiz.de/10005766310

Interest Income Tax Evasion, the EU Savings Directive, and Capital Market Effects

Klautke, Tina; Weichenrieder, Alfons - CESifo - 2008

The Savings Directive has been celebrated as a major political break-through in coordinating taxation in Europe. Against this background, the present paper evaluates the real-world effects of this directive. The directive has left a loophole by providing grandfathering (exemption from...

Persistent link: https://www.econbiz.de/10005094312

Productivity as if Space Mattered: An Application to Factor Markets Across China

Cheng, Wenya; Morrow, John; Tacharoen, Kitjawat - CESifo - 2013

results quantify the role of regional factor markets in firm productivity and location. Considering modern China as a large …

Persistent link: https://www.econbiz.de/10010877649

Productivity Response to a Contract Change

Jayaraman, Rajshri; Ray, Debraj; Véricourt, Francis de - CESifo - 2014

This paper studies the productivity impact of a contract change for tea pluckers in an Indian plantation. The contract …

Persistent link: https://www.econbiz.de/10010877659

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