Showing 21 - 30 of 31
Aggregate business investment is a major driver of long-term economic growth. It has been weak in many advanced economies over the last decade, partly due to cyclical demand-side effects. Nevertheless, a number of structural factors and policies interact with and have an effect on business...
Persistent link: https://www.econbiz.de/10012599223
The paper considers whether structural reforms have a different impact on adjusted household disposable income (AHDI) compared to GDP, particularly given that while the latter is currently used as the basis for the OECD Economics Department's framework for evaluating the effect of structural...
Persistent link: https://www.econbiz.de/10013427751
This paper uses a new measure of human capital, which distinguishes both quality and quantity components, to estimate the long-term effect of the Covid-19-related school closures on aggregate productivity through the human capital channel. Productivity losses build up over time and are estimated...
Persistent link: https://www.econbiz.de/10014290306
This paper uses a new measure of human capital, which distinguishes both quality and quantity components, to estimate the long-term effect of the Covid-19-related school closures on aggregate productivity through the human capital channel. Productivity losses build up over time and are estimated...
Persistent link: https://www.econbiz.de/10014356978
This paper provides a new measure of human capital using PISA and PIAAC surveys, and mean years of schooling. The new measure is a cohort-weighted average of past PISA scores (representing the quality of education) of the working age population and the corresponding mean years of schooling...
Persistent link: https://www.econbiz.de/10013290779
The paper considers whether structural reforms have a different impact on adjusted household disposable income (AHDI) compared to GDP, particularly given that while the latter is currently used as the basis for the OECD Economics Department’s framework for evaluating the effect of structural...
Persistent link: https://www.econbiz.de/10014244328
This paper studies empirically the effect of education policies on human capital and per capita income. The results suggest for European and OECD countries that higher attendance at pre-primary education, greater autonomy of schools and universities, a lower student-to-teacher ratio, higher age...
Persistent link: https://www.econbiz.de/10013314766
institutions. For a panel of OECD countries, we find that anticompetitive product market regulations are associated with lower MFP … of product market regulations on MFP may depend on the level of labour market regulations. Better institutions, a more … in labour market regulations, barriers to trade and investment and institutions (including corruption). …
Persistent link: https://www.econbiz.de/10011657128
This paper develops a model of costly firm creation in an economy with weak institutions, costly business environment …
Persistent link: https://www.econbiz.de/10011657172
taxation. In addition, the appearance of equilibrium unemployment also provides an incentive for the government to directly tax …
Persistent link: https://www.econbiz.de/10010264504