This paper investigates the implications of budgetary policies for consumption and economic growth. We present a model … a rise in government debt, financed by lump-sum taxes, increases the share of private consumption to national income and … reduces the long-run growth rate. We also show that a rise in government consumption financed by lump-sum taxes reduces both …

We test for gender discrimination by sending fake CVs to apply for entry-level jobs. Female candidates are more likely …

-level jobs and submitted a CV showing that the candidate had attended high school in Australia. We find economically and … jobs in order to receive the same number of interviews. These differences vary systematically across groups, with Italians …

We test for gender discrimination by sending fake CVs to apply for entry-level jobs. Female candidates are more likely …

labour force participation rates in the poorest households, minimum wage workers are most likely to be in middle …-income households. Using various plausible parameters for the effect of minimum wages on hourly wages and employment, I estimate the …

unemployment has a strong impact on election outcomes, with each additional percentage point of unemployment reducing the incumbent …’s re-election probability by 3-5 per cent. However, when we separate luck (unemployment in other states) from competence … (unemployment in that state relative to the rest of Australia), we find that both luck and competence are equally important. This is …

We extend the `rational-partisan' model of inflation to allow for the effects of unemployment persistence on the … to the failure of political parties to precommit to price stability, in the light of unemployment persistence. Elections … are associated with higher inflation, with the exception of the Thatcher period. There is no evidence that the Labour …

recent differential unemployment persistence in our sample of countries: first, sluggishness in labour demand, and second …In this paper we present an investigation of unemployment persistence in Japan, the United States and fourteen European … economies. We concentrate on the sources of slow adjustment in the labour market, such as sluggishness in labour demand and …

We extend the `rational partisan model' of inflation and unemployment by introducing inflation and unemployment … stability. The greater aversion of `socialists' to unemployment results in an inflation rate which is higher by five percentage … points than under the more anti-inflationary `conservatives'. Unemployment seems to be independent of the identity of the …