Showing 1 - 10 of 123
health and education services, providing social safety nets and redistributing incomes more efficiently. …
Persistent link: https://www.econbiz.de/10010955894
This paper assesses to what extent the arguments put forward in the consensus debate can help explain the different economic performance of Latin American and Asian countries. The paper shows that Latin America and fast-growing Asia indeed differ significantly with respect to all economic policy...
Persistent link: https://www.econbiz.de/10005755179
Conjectures about inflation expectations are inextricably linked to our understanding of the relationship between the real and monetary sides of the economy; yet, direct empirical research on the matter has been scarce at best. This paper therefore examines the empirical properties of inflation...
Persistent link: https://www.econbiz.de/10005700546
EU Member countries have shown different degrees of ambition to reach a budget position of “close to balance or in surplus”. Differences in ambition can only partly be explained by the relative size of cyclical safety mar­gins or differences in the number of votes in the ECOFIN Council....
Persistent link: https://www.econbiz.de/10005818903
This paper investigates social mobility in Bolivia and discusses its implications for poverty reduction and long …-run growth. Regressions based on household survey data show that social mobility is very low in Bolivia, even by Latin American … rural-urban migration. As a consequence, poverty tends to be fairly persistent over time. Moreover, low social mobility …
Persistent link: https://www.econbiz.de/10005818858
East Asian students regularly take top positions in international league tables of educational performance. Using internationally comparable student-level data, I estimate how family background and schooling policies affect student performance in five high-performing East Asian economies. Family...
Persistent link: https://www.econbiz.de/10005566181
We study the evolution of the response of scal policy to monetary policy shocks in the EMU in the light of two important events: the signing of the Maastricht treaty in 1992 and the introduction of the EMU in 1999. Based on impulse responses from a panel VAR, we nd that scal and monetary policy...
Persistent link: https://www.econbiz.de/10011093913
This paper is intended to provide an assessment of the impact of the silent revolution (decentralization reforms) of the last three decades on moving governments closer to people to establish fair, accountable, incorruptible and responsive governance. To accomplish this, a unique data set is...
Persistent link: https://www.econbiz.de/10010956049
Despite the formal rigour that attends social and economic measurement, the substantive meaning of particular measures …
Persistent link: https://www.econbiz.de/10009321671
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