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Acocella, Nicola; Bartolomeo, Giovanni Di - EconWPA - 2005

This paper investigates the effects of cooperation (corporatism) on macroeconomic performance by considering a rather standard policy game between the government and a monopoly union. We stress the shortcomings of the traditional way used to model cooperation in policy games (the maximization of...

Persistent link: https://www.econbiz.de/10005412619

Output, Capital, and Labor in the Short, and Long-Run

Levy, Daniel - EconWPA - 2005

Using a new series of capital stock and frequency domain analysis, this paper provides new empirical evidence on the relative importance of capital and labor in the determination of output in the short and long- run. Contrary to the common practice in the traditional growth accounting literature...

Persistent link: https://www.econbiz.de/10005118712

Jalons pour une économie politique de la trajectoire malgache : une perspective de long terme

Razafindrakoto, Mireille; Roubaud, François; … - Université Paris-Dauphine (Paris IX) - 2014

This article aims at supplying an interpretative frame of the long-term Malagasy trajectory by redrawing the structuring knots of its political economy. The concomitance of periods of economic expansion and political crises leash indeed to suppose that one of the essential sources of the...

Persistent link: https://www.econbiz.de/10011122205

Counting chickens when they hatch: The short-term effect of aid on growth

Clemens, Michael A.; Radelet, Steven; Bhavnani, Rikhil - EconWPA - 2004

recipient's level of income or quality of institutions and policies; we find that short-impact aid causes growth, on average … with stronger institutions or longer life expectancies (better health). We also find a significant negative relationship …

Persistent link: https://www.econbiz.de/10005408143

EFFICIENCY OF INSTITUTIONS, POLITICAL STABILITY AND INCOME DYNAMICS

Carmignani, Fabrizio - EconWPA - 2005

In a simple theoretical framework, the quality of institutions affects individual’s investment decisions, and hence … income levels and distribution. When institutions deteriorates and inequalities increase, the incumbent undertakes … redistributive taxation to maintain political support. The quality of institutions and the extent of redistribution depend on the …

Persistent link: https://www.econbiz.de/10005412490

Transition in FSU and sub-Saharan countries: The role of institutions

Laurila, Juhani - EconWPA - 2002

institutions also influences economic growth and the ability of a country to attract trade and foreign direct investment …. Consequently, when institutions of FSU and sub-Saharan countries develop to the point they become attractive to traders and … commit credibly to increasing capacities of their state institutions with a view to supporting property-based rule of law and …

Persistent link: https://www.econbiz.de/10005076830

Sticky prices, fair wages, and the co-movements of unemployment and labor productivity growth

Tripier, Fabien - EconWPA - 2005

This paper studies the co-movements of unemployment and labor productivity growth for the U.S. economy. Measures of co …

Persistent link: https://www.econbiz.de/10005126134

Social Networks in Determining Employment and Wages: Patterns, Dynamics, and Inequality

Calvo-Armengol, Antoni; Jackson, Matthew O. - EconWPA - 2002

, unemployment exhibits persistence in the sense of duration dependence: the probability of obtaining a job decreases in the length …

Persistent link: https://www.econbiz.de/10005135002