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This paper explores the impact of fiscal decentralization on the efficiency of public service delivery. It uses a … stochastic frontier method to estimate time-varying efficiency coefficients and analyzes the impact of fiscal decentralization on … those efficiency coefficients. The findings indicate that fiscal decentralization can improve the efficiency of public …
Persistent link: https://www.econbiz.de/10011242349
We use bank level data to study the efficiency of banks in Sub-Saharan African middle-income countries and provide … possible explanations for the difference in the efficiency levels of banks. We find that banks, on average, could save 20 … and domestic private banks. Among the factors that could affect the efficiency levels are macroeconomic stability, depth …
Persistent link: https://www.econbiz.de/10005826655
terms of scale efficiency, the banks in Bahrain operate at the same level as banks in Singapore and their closest …
Persistent link: https://www.econbiz.de/10005599768
Cost-efficiency, scale efficiency, and productivity change are estimated by data envelopment analysis; and cost-efficiency …
Persistent link: https://www.econbiz.de/10005604932
We investigate the role of macroprudential policies in mitigating liquidity traps driven by deleveraging, using a simple Keynesian model. When constrained agents engage in deleveraging, the interest rate needs to fall to induce unconstrained agents to pick up the decline in aggregate demand....
Persistent link: https://www.econbiz.de/10010800974
efficiency, equity, and administrative and compliance costs. This paper analyzes tax expenditures in Italy, considering the …
Persistent link: https://www.econbiz.de/10011123882
Persistent link: https://www.econbiz.de/10005824865
This Joint Staff Assessment assesses the Economic Growth Support and Poverty Reduction Strategy (EGSPRS), which is the first full poverty reduction strategy paper (PRSP) prepared by the government of Mongolia. The EGSPRS builds on the strategy articulated in the interim report (I-PRSP) presented...
Persistent link: https://www.econbiz.de/10005825054
public sector; accounts of the financial system; accounts of the central bank, commercial banks, and other local financial …
Persistent link: https://www.econbiz.de/10005825076
This Selected Issues paper for Vietnam reports that the framework for policy lending in Vietnam, in conjunction with …
Persistent link: https://www.econbiz.de/10005825088