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manufacturers is compared. Major export industries in Japan have higher productivity growth and lower pass-through coefficients than … markets. Other related issues, including nonlinearity in pass-through and sectoral differences in productivity, are also …
Persistent link: https://www.econbiz.de/10014395791
The paper assesses the degree of banking competition and efficiency in Italy?over time as well as compared to that in … highcost, high-income system, particularly with respect to retail/services, and efficiency gains have yet to fully materialize …
Persistent link: https://www.econbiz.de/10014400137
private sector output Y. The government is fully informed about worker productivity. By examining the welfare properties of … or may not improve economic efficiency …
Persistent link: https://www.econbiz.de/10014400822
management (PIM) institutions and the efficiency of public investment for the G-20 countries. Based on the analysis from a recent … Investment Efficiency Index (PIE-X); and (ii) a new Public Investment Management Assessment (PIMA) which is applied to G-20 … between investment in high-quality public infrastructure and economy-wide productivity.1 Against the background of a steady …
Persistent link: https://www.econbiz.de/10014408539
investment critically depends on its efficiency. Comparing the value of public capital (input) and measures of infrastructure … percent. The economic dividends from closing this efficiency gap are substantial: the most efficient public investors get …
Persistent link: https://www.econbiz.de/10014408564
This note examines the efficiency gains that might result from market-based debt reduction and alternative uses of … government investment or consumption. Given considerable uncertainty about the efficiency returns of alternative uses of …
Persistent link: https://www.econbiz.de/10014396332
Persistent link: https://www.econbiz.de/10009504217
Since the financial crisis in 1997-98, Korea has made major progress in financial, and corporate sector reform - the supervisory and regulatory regime for the financial sector has been substantially strengthened, and recent reforms helped achieve a high degree of observance of international...
Persistent link: https://www.econbiz.de/10012559035
This Selected Issues paper for the Republic of Korea focuses on the role of monetary policy in the current context of slowing growth and rising inflation pressures. Korea has not remained immune to the global slowdown, and with the cycle turning downward, the trade-off between inflation and...
Persistent link: https://www.econbiz.de/10014402614
Korea’s statistics are generally of a high quality, and reflect a significant improvement since the last Report on the Observance of Standards and Codes. Korea’s adherence to internationally accepted statistical practices requires cross-cutting recommendations, and the development of a...
Persistent link: https://www.econbiz.de/10014404477