Showing 1 - 10 of 23
This paper examines, in the context of future EMU membership of the Central and Eastern European countiries (CEECs), the interaction between fiscal policy and the price level in different exchange rate regimes. The theoretical framework is based on the Fiscal Theory of the Price Level (FTPL)....
Persistent link: https://www.econbiz.de/10005076688
In this paper we address some of the issues resulting from Poland's will to join the Economic and Monetary Union. Our attention focuses on topics related to the possibly soon entry into the European exchange rate mechanism (ERM II). We consider the possible paths of entering the system,...
Persistent link: https://www.econbiz.de/10005076841
In this paper we discuss selected aspects of Poland’s road to the euro zone. Our attention focuses on the proper design of macroeconomic policy during the accession period. We address the issue of entering ERM II, with special attention to the choice of central parity, fluctuation bands,...
Persistent link: https://www.econbiz.de/10005126137
Analysis into the sources of lower levels of national productivities between Central East European Economies and the European Union is scarce and lacks comparability. These sources are assessed by analysing the role played by sectoral structures. After providing a brief overview over comparative...
Persistent link: https://www.econbiz.de/10005062451
The objective of this work is to analyse the income inequality in the 15 EU countries during the convergence process to … whether the inequality of income has diminished within and between countries over time. Gini's generalised family indices … the results obtained to different degrees of inequality aversion and to different equivalence scales, taking into account …
Persistent link: https://www.econbiz.de/10005076592
This note is motivated by recent arguments made by Martin Feldstein in which the relevance of inequality is dismissed … (if everybody's income goes up, who cares if inequality is up too?), and the argument is made that only poverty … alleviation should matter. This note shows that we all do care about inequality, and to hold that we should be concerned with …
Persistent link: https://www.econbiz.de/10005076936
This paper analyses changes in the distribution of equivalised gross household income and income inequality in New … these factors on alternative summary measures of inequality over the period. We find that changes in household structure and … in the socio-demographic characteristics of households are the main factors contributing to the rise in inequality, while …
Persistent link: https://www.econbiz.de/10005077068
Arguably the most important campaign finance regulations in U.S. federal elections are limits imposed on the amount that an individual or organization may donate to a federal campaign. Such contribution limits are advocated on two separate grounds. The first is that they prevent corruption, the...
Persistent link: https://www.econbiz.de/10005125869
poor growth, then summarizing the linkages between inequality, poverty, and pro poor growth, before proceeding to analyze …
Persistent link: https://www.econbiz.de/10005126303
This paper explores the manner in which race and income interact to determine patterns of residential location in metropolitan areas. We use a framework in which individuals care about both the level of affluence and the racial composition of their communities, and in which there are differences...
Persistent link: https://www.econbiz.de/10005135081