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Real Convergence, Price Level Convergence and Inflation Differentials in Europe

Égert, Balázs - 2021

This paper provides a comprehensive review of the factors that can cause price levels to diverge and which are at the root of different inflation rates in Europe including the EU-27. Among others, we study the structural and cyclical factors influencing market and non-market-based service, house...

Persistent link: https://www.econbiz.de/10013316808

Is the welfare state sustainable? Experimental evidence on citizens' preferences for redistribution

Neustadt, Ilja; Zweifel, Peter - 2010

The sustainability of the welfare state ultimately depends on citizens' preferences for income redistribution. They are elicited through a Discrete Choice Experiment performed in 2008 in Switzerland. Attributes are redistribution as GDP share, its uses (the unemployed, old-age pensioners, people...

Persistent link: https://www.econbiz.de/10010270874

Efficiency of European Universities : A Comparison of Peers

Herberholz, Lars - 2020

efficiency of 450 European universities between 2011 and 2014. The novelty of our approach lies in its extended coverage of …. Exploring potential efficiency drivers, we uncover considerable effect heterogeneity between subject clusters, which is … seek external funding are largely identified to be primary efficiency drivers …

Persistent link: https://www.econbiz.de/10012842974

Assessing EU Merger Control Through Compensating Efficiencies

Affeldt, Pauline; Duso, Tomaso; Gugler, Klaus Peter; … - 2021

Worldwide, the overwhelming majority of large horizontal mergers are cleared by antitrust authorities unconditionally. The presumption seems to be that efficiencies from these mergers are sizeable. We calculate the compensating efficiencies that would prevent a merger from harming consumers for...

Persistent link: https://www.econbiz.de/10013314675

On the Relationship between Trade Openness and Government Size

Farhad, Mohammad - 2019

Does trade openness systematically imply bigger governments, as proposed by Rodrik (1998)? This paper presents a novel and more refined explanation for when and why international trade may enlarge the public sector. We propose that trade openness is associated with bigger governments if (i) the...

Persistent link: https://www.econbiz.de/10012861440

Population Size and the Size of Government

Krieger, Tim - 2019

We examine the effect of population size on government size for a panel of 130 countries for the period between 1970 and 2014. We show that previous analyses of the nexus between population size and government size are incorrectly specified and fail to consider the influence of cross-sectional...

Persistent link: https://www.econbiz.de/10012889229

Accounting for the Duality of the Italian Economy

Fernández-Villaverde, Jesús; Laudati, Dario; Ohanian, … - 2023

After 162 years of political unification, Italy still displays large regional economic differences. In 2019, the per capita GDP of Lombardia was 39,700 euros, but Calabria’s per capita GDP was only 17,300 euros. We build a two-region, two-sector model of the Italian economy to measure the...

Persistent link: https://www.econbiz.de/10014348040

Inequality Convergence and Distribution Neutral Fiscal Policy

Marjit, Sugata - 2020

We provide an interesting empirical evidence dealing with the cross country data on equality i.e. movements of Gini coefficient over last four decades. This seems to suggest a robust empirical evidence that the growth or change in inequality across nations has a negative relation with initial...

Persistent link: https://www.econbiz.de/10012840691

Vertical Specialization, International Task Fragmentation, and Convergence

Marjit, Sugata; Oladi, Reza - 2021

In this paper, we construct an elaborate general equilibrium model with a continuum of production fragments for an intermediate good, then embed it in a growth model to address the effects of global production fragmentation, vertical specialization and trade on growth and inequality for a small...

Persistent link: https://www.econbiz.de/10013314672

Is Prescott right?: welfare state policies and the incentives to work, learn and retire

Jacobs, Bas - 2008

This paper bolsters Prescott's (2004) claim that high taxes are responsible for lacklustre labor market performance in continental European countries. We develop a lifecycle model with endogenous skill formation, endogenous labor supply, and endogenous retirement. Labor taxation distorts not...

Persistent link: https://www.econbiz.de/10010264345

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