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Political economics of higher education finance
Borck, Rainald; Wimbersky, Martin - 2009
We study voting over higher education finance in an economy with risk averse households who are heterogeneous in income. We compare four different systems and analyse voters' choices among them: a traditional subsidy scheme, a pure loan scheme, income contingent loans and graduate taxes. Using...
Persistent link: https://www.econbiz.de/10010271868
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Inequality and the state : comparing U.S. and German preferences
Corneo, Giacomo - 2000
Survey data from the United States, West Germany and East Germany are analyzed to compare individual attitudes towards political redistribution in each country. In West Germany the "homo oeconomicus effect", the "social rivalry effect" and the "public values effect" simultaneously retain an...
Persistent link: https://www.econbiz.de/10001564525
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Significance of development stage theory for explaining industrial growth pattern between Asian NICs and selected advanced economics [economies]
Nam, Chang-woon - 2002
The East Asian miracle was real. Prior to the 1997 economic and currency crises, Asian NICs - Hong Kong, Korea, Singapore and Taiwan - achieved remarkable annual GDP growth. In these countries the overall economic performance was significantly determined by the industrial development triggered...
Persistent link: https://www.econbiz.de/10001652953
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Sustainability and determinants of Italian public deficits before and after Maastricht
Galli, Emma; Padovano, Fabio - 2005
This paper has two goals. 1) To evaluate the sustainability of Italian public deficits according to the methodology developed by Trehan and Walsh (1988, 1991) and Bohn (2004); 2) To analyze how the determinants of debt creation evolved in the years following the Maastricht Treaty and how this...
Persistent link: https://www.econbiz.de/10002593189
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Growing together: Croatia and Latvia
Gylfason, Thorvaldur; Hochreiter, Eduard - 2010
We compare and contrast the economic growth performance of Croatia and Latvia since the collapse of communism in 1991 in an attempt to understand better the extent to which the growth differential between the two countries can be traced to increased efficiency in the use of capital and other...
Persistent link: https://www.econbiz.de/10010274848
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Sectoral Okun's Law and Cross-Country Cyclical Differences
Goto, Eiji - 2020
We estimate Okun's law, the negative relationship between output and the unemployment rate, at the sector level for the US, the UK, Japan, and Switzerland to test several hypotheses that may explain why the aggregate Okun's coeffcients are different across countries. Specifically, we show that...
Persistent link: https://www.econbiz.de/10012841145
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Federalism and accountability with distorted election choices
Kessing, Sebastian G. - 2009
Random factors such as bad weather or exogenous economic shocks affect the re-election of politicians and can reduce accountability. Such distorted election choices interact with the architecture of government. Contrasting centralized with decentralized political systems, this study shows that...
Persistent link: https://www.econbiz.de/10010274383
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Pension Systems (Un)Sustainability and Fiscal Constraints : A Comparative Analysis
Heer, Burkhard; Polito, Vito; Wickens, Michael - 2023
Using an overlapping generations model, two new indicators of public pension system sustainability are proposed: the pension space, which measures the capacity to pay for pension expenditures out of labour taxation, and the pension space exhaustion probability reflecting demographic...
Persistent link: https://www.econbiz.de/10014347982
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Deutsch-französische Wirtschaftsperformance im Vergleich
Matthes, Jürgen - In: IW-Trends - Vierteljahresschrift zur empirischen … 30 (2003) 1, pp. 13-23
Frankreich lediglich in den Jahren 1998 und 1999 im Gegensatz zu Deutschland einen sehr kräftigen, aber bald darauf wieder … Vergleich zu Deutschland ausgeprägte Lohnzurückhaltung Frankreichs in den Vorjahren zurückzuführen ist. Zudem haben … reguliert ist als der deutsche. Die Wachstumsbedingungen sind insgesamt gesehen in Frankreich nicht besser als in Deutschland. …
Persistent link: https://www.econbiz.de/10011633097
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Complementarity of innovation policies in the Brazilian industry : an econometric study
Strube, Eduardo; Resende, Marcelo - 2009
The paper aims at assessing discrete complementarities in innovation policies in the context of the Brazilian industry in 2003. The paper considers the approach advanced by Mohnen and and Röller [European Economic Review, 2005] that focuses on supermodularity and submodularity tests for...
Persistent link: https://www.econbiz.de/10010276376