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Bovi, Maurizio - EconWPA - 2005

This paper presents some stylised facts about the book-tax gap, i.e. the difference between book and taxable income, of Italian corporations. This divergence is a reflection of the usage of any tax shields and any applicable credits and rebates which, in turn, implies that the concept of taxable...

Persistent link: https://www.econbiz.de/10005125996

An Estimate of the Elasticity of Intertemporal Substitution in a Production Economy

Harashima, Taiji - EconWPA - 2005

The elasticity of intertemporal substitution (EIS) at the macro level has been estimated mostly based on endowment economy models and these estimates are very sensitive to the choice of interest rates that are used for estimation. Estimates based on production economy models do not need...

Persistent link: https://www.econbiz.de/10005126406

Aid, Public Expenditure and Dutch Disease

Adam, Christopher; Bevan, David - EconWPA - 2004

Contemporary policy debates on the macroeconomics of aid often concentrate on short-run Dutch disease effects, ignoring the possible supply side impact of aid—financed public expenditure. We develop a simple model of aid and public expenditure in which public infrastructure capital generates...

Persistent link: https://www.econbiz.de/10005118784

Does Centralised Wage Setting Lead into Higher Taxation

Kilponen, Juha; Sinko, Pekka - EconWPA - 2005

This paper studies implications of centralised wage setting for the level of taxation and public expenditure in an analytical model with unionised labour markets. We extend the previous studies by allowing for both demand and supply effects of labour. Also, in addition to the standard social...

Persistent link: https://www.econbiz.de/10005076525

Wage and public expenditure setting in a monetary union

Acocella, Nicola; Bartolomeo, Giovanni Di - EconWPA - 2001

European countries have progressively integrated from the point of view of trade and investment and have a common currency now. However, labour market and fiscal institutions have largely retained their national status. The aim of this paper is to examine: a) the possibility for trade unions of...

Persistent link: https://www.econbiz.de/10005076748

Does Centralised Wage Setting Lead into Higher Taxation?

Sinko, Pekka - EconWPA - 2005

This paper studies implications of centralised wage setting for the level of taxation and public expenditures in an analytical model with unionised labour markets. We extend the previous studies by allowing both demand and supply effects of labour. Also, in addition to the standard social...

Persistent link: https://www.econbiz.de/10005556854

Sustained Macroeconomic Reforms, Tepid Growth: A Governance Puzzle in Bolivia?

Kaufmann, Daniel; Mastruzzi, Massimo; Zavaleta, Diego - EconWPA - 2003

We are increasingly cognizant of the limits to large cross-country empirical studies in trying to understand in-depth a particular country reality, in ways useful for advice. At the same time, merely relying on a single country account at a particular point in time ignores the historical and...

Persistent link: https://www.econbiz.de/10005118669

CORRUPTION AND BRIBERY IN THE NIGERIAN ECONOMY

NWAOBI, GODWIN CHUKWUDUM - EconWPA - 2004

ILLUSTRATE THE INTERRELATIONSHIPS BETWEEN NATURAL RESOURCES, CORRUPTION AND ECONOMIC GROWTH IN NIGERIA; AS WELL AS PROPOSING ANTI-CORRUPTION …

Persistent link: https://www.econbiz.de/10005118720

Why doesn't Capitalism flow to Poor Countries?

Tella, Rafael Di; MacCulloch, Robert - EconWPA - 2004

those in OECD countries. A possible explanation is that corruption, which is more widespread in poor countries, reduces the … this explanation: people who perceive corruption to be high in the country are also more likely to lean left ideologically … and to declare to support a more intrusive government in economic matters. Finally, we show that the corruption …

Persistent link: https://www.econbiz.de/10005118937

Mackerels in the Moonlight: Corrupt Politicians and Anti- Corruption Reform in Two-Candidate Elections

Evrenk, Haldun - EconWPA - 2005

This paper examines causes of the persistence of corruption among elected politicians and the effectiveness of some … commonly discussed anti-corruption reforms. We study a theoretical model of competition between two candidates who differ both …) increasing compensation of elected politicians, and (iii) small changes in legal penalties, will reduce corruption and increase …

Persistent link: https://www.econbiz.de/10005062385