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population. We test the relative efficiency of public and private health care spending in reducing infant and child mortality … using cross-national data for 163 countries. There are two remarkable findings: First, an increase in public funds is both … privately financed health care. We can explain some of the estimated difference in the efficiency of public and private health …
Persistent link: https://www.econbiz.de/10009150792
During the last thirty years most OECD countries have accumulated large public debts. The same period has been …
Persistent link: https://www.econbiz.de/10010826203
This paper investigates currency and financial crises in an optimizing general equilibrium model. It is shown that a rise in current and expected future budget deficits generates a real exchange rate appreciation and a decumulation of external assets, leading up to a currency crisis when foreign...
Persistent link: https://www.econbiz.de/10005795464