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This article uses household survey data to estimate the determinants of earnings in Indonesia, a country where nonsalaried work is widespread and earnings data are available for salaried employees only. We deal with the selection bias by estimating a Full-Information Maximum Likelihood (FIML)...
Persistent link: https://www.econbiz.de/10010618979
The impact of local government spending on output growth is estimated using a panel of Brazilian municipalities during 1985-1994. Attention is focused on three expenditure categories, housing/urbanization, health/sanitation, and transport services, which are expected to be growth-enhancing, and...
Persistent link: https://www.econbiz.de/10009205291
This article reviews recent trends in fiscal performance in Brazil, estimates fiscal reaction functions for the consolidated public sector and different levels of government, and tests for the sustainability of the public debt dynamics. The empirical analysis, based on monthly data for the...
Persistent link: https://www.econbiz.de/10005511331