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Shadow economies and corruption all over the world: what do we really know?

Schneider, Friedrich G. - Institut für Weltwirtschaft (IfW) - 2007

Estimations of the shadow economies for 145 countries, including developing, transition and highly developed OECD economies over 1999 to 2003 are presented. The average size of the shadow economy (as a percent of "official" GDP) in 2002/03 in 96 developing countries is 38.7%, in 28 transition...

Persistent link: https://www.econbiz.de/10005097473

Finanzpolitik und Produktionspotential in Deutschland: 1991-2008

Boss, Alfred - Institut für Weltwirtschaft (IfW) - 2009

In recent years, a lot of rules concerning government expenditures as well as tax revenues were changed in Germany. Government expenditures in relation to GDP were reduced, income tax rates were lowered and the budget deficit declined. The structure of government expenditures changed in favor of...

Persistent link: https://www.econbiz.de/10005566190

Zur Belastung der Arbeits- und Kapitaleinkommen in Deutschland

Boss, Alfred - Institut für Weltwirtschaft (IfW) - 1999

The paper includes data on the taxation of wage income (labor income tax and contributions to social security) and capital income in the Federal Republic of Germany. Average tax rates and marginal tax rates for typical wage income earners are shown for the 1977Â–1999 period; average tax rates...

Persistent link: https://www.econbiz.de/10005818779

On various ways of measuring pro-poor growth

Deutsch, Joseph; Silber, Jacques - Institut für Weltwirtschaft (IfW) - 2011

This paper examines three possible approaches to pro-poor growth. The first one assumes that the poverty line remains constant in real terms over time. The second perspective examines the case where the poverty line is equal to half the median of the income distribution but assumes that such a...

Persistent link: https://www.econbiz.de/10009644145

Public debt, child allowances, and pension benefits with endogenous fertility

Yasuoka, Masaya; Miyake, Atsushi - Institut für Weltwirtschaft (IfW) - 2012

The stock of public debt in some developed countries continues to increase because of a lack of tax revenues and the burdens of social security. Many of those developed countries suffer from lower birth rates. Child allowances might help to raise fertility, leading to higher tax revenue in the...

Persistent link: https://www.econbiz.de/10010956153

The role of lenders' trust in determining borrowing conditions for sovereign debt: An analysis of one-period government bonds with default risk

Guo, Yanling - Institut für Weltwirtschaft (IfW) - 2015

In this paper, the author considers the sovereign debt in the form of one-period government bonds with default risk, which can be purchased by and traded among domestic and foreign investors. She shows that the weight assigned to the lenders' interest by the borrowing government at the time of...

Persistent link: https://www.econbiz.de/10011269110

The Price-Price Phillips Curve in Small Open Economies and Monetary Unions: Theory and Empirics

Vaona, Andrea - Institut für Weltwirtschaft (IfW) - 2014

reactiveness of inflation to the unemployment rate. In regard to a monetary union, the national unemployment multiplier in the …

Persistent link: https://www.econbiz.de/10010886968

A reappraisal of the inflation-unemployment tradeoff

Karanassou, Marika; Sala, Héctor; Snower, Dennis J. - Institut für Weltwirtschaft (IfW) - 2005

This paper offers a reappraisal of the inflation-unemployment tradeoff, based on ?frictional growth,? describing the … expectations, there is a long-run inflation-unemployment tradeoff. Our empirical analysis suggests that this Phillips curve may be … reasonably flat. We show that the persistence of inflation and unemployment, in response to monetary policy shocks, is related to …

Persistent link: https://www.econbiz.de/10010955553

Asymmetric exchange rate pass-through in the Euro area: New evidence from smooth transition models

Ben Cheikh, Nidhaleddine - Institut für Weltwirtschaft (IfW) - 2012

This paper examines the presence of asymmetric behavior in exchange rate pass-through (ERPT) to CPI inflation in 12 …

Persistent link: https://www.econbiz.de/10010956023

Capital account liberalization and exchange rate flexibility: Scenarios for the Moroccan case

Ezzahid, Elhadj; Maouhoub, Brahim - Institut für Weltwirtschaft (IfW) - 2014

This paper explores the links between gradual capital account liberalization and the exchange rate regime in Morocco where the process of economic and financial openness is relatively advanced. Using a game theory model with two economic agents, that are monetary authorities and domestic firms,...

Persistent link: https://www.econbiz.de/10010956042