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Canada, the Czech Republic, and India. The analysis highlights the need for assertive policies and maximum transparency … forecasting and policy analysis system -- 5. Monetary operations -- 6. Monetary policy and financial stability -- 7. Financial …
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This paper examines the extent to which conclusions of cross-country studies of private savings are robust to allowing for the possible heterogeneity of savings behavior across countries and the inclusion of dynamics. It shows that neglecting heterogeneity and dynamics can lead to misleading...
Persistent link: https://www.econbiz.de/10014400163
Government spending plays a critical role in protecting and enforcing rights and civil liberties. Empirical evidence for a sample of industrial and developing countries shows that government expenditures on defense, law and order, social security, education, and health care are associated with...
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's 182 member countries. It includes an analysis of the major policy choices that countries need to address when designing an …
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This paper develops and tests two efficiency wage models of corruption in the civil service. Under fair wage models, civil service wages are an important determinant of corruption. Under shirking models, the level of wages is of secondary importance, as potential bribes dwarf wage income. The...
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amended to account for various phenomena that often complicate policy analysis in emerging markets, such as persistent trends …
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