Showing 1 - 10 of 83
We investigate the effects of the Indonesian decentralization and democratization process on budget allocation at the … infrastructure. We find that after the dramatic expenditure decentralization of 2001, districts with relatively lower levels of … and administrative decentralization, we find no consistent effects of the democratization process on local public …
Persistent link: https://www.econbiz.de/10010733807
In May 2001, Germany adopted a fundamental pension reform cutting back public pensions and introducing personal pension accounts. The paper critically reviews the reform decisions and evaluates their long-term viability. It is shown that the adjustment of the Public Pension Scheme misses the...
Persistent link: https://www.econbiz.de/10005763616
We evaluate the effect of relaxing fiscal rules on policy outcomes applying a quasi-experimental research design. In 1999, the Italian central government introduced fiscal rules aimed at imposing fiscal discipline on municipal governments, and in 2001 the rules were relaxed for municipalities...
Persistent link: https://www.econbiz.de/10010585692
Der Beitrag untersucht die Bedeutung von Zuwanderung für die langfristige Entwicklung öffentlicher Haushalte in Deutschland. Mit Hilfe der Generationenbilanzierung werden die Nettosteuerzahlungen von Zuwanderern von ihrer Ankunft im Aufnahmeland bis an ihr Lebensende geschätzt. Wenn künftige...
Persistent link: https://www.econbiz.de/10005762333
The paper surveys the methodology of generational accounting, a tool for gauging intertemporal imbalance in government finances facing demographic transition. Starting from the fiscal balance rule providing the theoretical background, we review the methods of generational accountants for...
Persistent link: https://www.econbiz.de/10005822088
-growing dependency ratio may affect labor markets negatively through public finances. Since government budgets are unsustainable in the …
Persistent link: https://www.econbiz.de/10005762432
While the recent increase in foreign direct investment (FDI) to African countries is a welcome development, the question remains as to the impact of these resource inflows on economic development. This study posits that a key channel of the impact of FDI on development is through its effects on...
Persistent link: https://www.econbiz.de/10005763464
In recent years, the private sector has been recognized as a key engine of Africa's economic development. Yet, the most simple and fundamental question remains unanswered: how large is the African private sector? We present novel estimates of the size of the private sector in 50 African...
Persistent link: https://www.econbiz.de/10009416934
This paper explores the relationship between fiscal decentralization, which gave greater rural industrialization and … estimate the labor mobility with a modified gravity equation. Given the institutional barriers, the fiscal decentralization has …
Persistent link: https://www.econbiz.de/10011273184
exists a tendency towards decentralization in many developed and developing countries. Using micro data from the Programme … political decentralization on student performance in the areas of mathematics, reading skills and science. We observe that … fiscal decentralization exerts an unequivocal positive effect on students' outcomes in all areas, while the effect of …
Persistent link: https://www.econbiz.de/10010633534