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The Decreasing Returns on Working Time : An Empirical Analysis on Panel Country Data

Cette, Gilbert - 2011

An empirical analysis is conducted on two panels of 18 OECD countries to test whether the elasticity of hourly productivity to working time is negative and decreasing with working time itself. If so, the decreasing returns on working time could be indicative of a fatigue effect that increases...

Persistent link: https://www.econbiz.de/10013131120

Long-term Growth Impact of Climate Change and Policies : The Advanced Climate Change Long-term (ACCL) Scenario Building Model

Alestra, Claire - 2020

This paper provides a tool to build climate change scenarios to forecast Gross Domestic Product (GDP), modelling both GDP damage due to climate change and the GDP impact of mitigating measures. It adopts a supply-side, long-term view, with 2060 and 2100 horizons. It is a global projection tool...

Persistent link: https://www.econbiz.de/10012837786

Redistributive fiscal policies and regional economic disparities

Olayele, Bankole Fred; Soo, Kwok Tong - In: Cogent economics & finance 8 (2020) 1, pp. 1-19

Finding a definitive answer to the question of whether fiscal redistribution is harmful or beneficial for regional economic performance is not straightforward. This paper disentangles the key components of fiscal redistribution in a regional Canada-US setting. Redistributive spending is...

Persistent link: https://www.econbiz.de/10013179696

Convergence or divergence patterns in income distribution across countries : a new evidence from a club clustering algorithm

Espoir, Delphin Kamanda - In: Cogent economics & finance 10 (2022) 1, pp. 1-32

neoclassical models of convergence that predict that, in the long-run, income distribution will tend to converge across countries …. In this study, I examined whether there has been convergence in inequality between 2000 and 2015. To this end, I … constructed a large panel of Gini indices of 142 countries and tested for the existence of convergence clubs using the econometric …

Persistent link: https://www.econbiz.de/10013462042

The impact of corruption on economic growth in developing countries and a comparative analysis of corruption measurement indicators

Spyromitros, Eleftherios; Panagiotidis, Minas - In: Cogent economics & finance 10 (2022) 1, pp. 1-30

Although corruption has attracted researchers' attention for more than 30 years, it remains one of the most significant political challenges all countries face. Even though corruption measures have improved, they lack reliability and clarity. Two aspects of corruption are examined in this paper:...

Persistent link: https://www.econbiz.de/10014500258

Fiscal sustainability in the presence of structural breaks : does overconfidence on resource exports hurt government's ability to finance debt? ; evidence from Nigeria

Alhaji Jibrilla, Aliyu - In: Cogent economics & finance 4 (2016) 1, pp. 1-27

The sustainability of the Nigerian fiscal deficit along with the role of the dynamics of government revenues and spending in adjusting the size of the deficit is examined using annual data from 1961 to 2014. After allowing for structural breaks, the study finds evidence of a cointegration...

Persistent link: https://www.econbiz.de/10011487675

Which is the optimal fiscal rule in a monetary union? : targeting the structural, the global budgetary deficit, or the public debt?

Menguy, Séverine - In: Cogent economics & finance 2 (2014) 1, pp. 2-20

The aim of our paper is to contribute to the debate on optimal fiscal rules in a monetary union: in terms of global budgetary deficit, of structural budgetary deficit, or of public debt. Indeed, these rules seem to be mixed in the framework of the European Economic and Monetary Union, with the...

Persistent link: https://www.econbiz.de/10010482338

Fiscal Policy in a Tractable Liquidity-Constrained Economy

Challe, Edouard - 2010

In this paper, we analyse the effects of transitory fiscal expansions when public debt is used as liquidity by the private sector. Aggregate shocks are introduced into a tractable flexible-price, incomplete-market economy where heterogenous, infinitely-lived agents face occasionally binding...

Persistent link: https://www.econbiz.de/10013136914

Insulation Impossible : Monetary Policy and Regional Fiscal Spillovers in a Federation

Cooper, Russell - 2010

This paper studies the effects of monetary policy rules in a fiscal federation, such as the European Union. The focus of the analysis is the interaction between the fiscal policy of member countries (regions) and the monetary authority. Each of the countries structures its fiscal policy...

Persistent link: https://www.econbiz.de/10013137047

Monetary Rules and the Spillover of Regional Fiscal Policies in a Federation

Cooper, Russell - 2010

Persistent link: https://www.econbiz.de/10013138210