Narrow search
Showing 1 - 10 of 338
Cover Image
The Quantification of Structural Reforms: Extending the Framework to Emerging Market Economies
Egert, Balazs - 2018
outcomes. Lower barriers to foreign trade and investment help MFP. Lower barriers to entry and less pervasive state control of …
Persistent link: https://www.econbiz.de/10011815814
Cover Image
Interjurisdictional linkages and the scope for interventionist legal harmonization
Baniak, Andrzej; Grajzl, Peter - 2010
jurisdictions which strive to adapt law to their local conditions as well as to synchronize it with other jurisdictions. In a …
Persistent link: https://www.econbiz.de/10010270515
Cover Image
Legal Uncertainty as a Welfare Enhancing Screen
Lang, Matthias - 2016
Consider legal uncertainty as uncertainty about the legality of a specific action. In particular, suppose that the threshold of legality is uncertain. I show that this legal uncertainty raises welfare. Legal uncertainty changes deterrence in opposite directions. The probability of conviction...
Persistent link: https://www.econbiz.de/10011584863
Cover Image
Government Decentralization and International Government Performance
Goel, Rajeev K.; Mazhar, Ummad; Nelson, Michael A.; … - 2016
Adding to the literature on the effects of government decentralization, this paper uses a large sample of individual responses from more than a hundred countries about public’s perceptions of government’s performance along various dimensions to study the relative influences of different...
Persistent link: https://www.econbiz.de/10011522513
Cover Image
Ten Facts on Declining Business Dynamism and Lessons from Endogenous Growth Theory
Akcigit, Ufuk; Ates, Sina T. - 2019
In this paper, we review the literature on declining business dynamism and its implications in the United States and propose a unifying theory to analyze the symptoms and the potential causes of this decline. We first highlight 10 pronounced stylized facts related to declining business dynamism...
Persistent link: https://www.econbiz.de/10012141050
Cover Image
Ten Facts on Declining Business Dynamism and Lessons from Endogenous Growth Theory
Akcigit, Ufuk - 2019
In this paper, we review the literature on declining business dynamism and its implications in the United States and propose a unifying theory to analyze the symptoms and the potential causes of this decline. We first highlight 10 pronounced stylized facts related to declining business dynamism...
Persistent link: https://www.econbiz.de/10012861425
Cover Image
The relevance of judicial procedure for economic growth
Hayo, Bernd; Voigt, Stefan - 2008
predictability of court decisions, which leads to more transactions and higher investment levels. We investigate the effects on …
Persistent link: https://www.econbiz.de/10010264530
Cover Image
Quantifying the Impact of Red Tape on Investment: A Survey Data Approach
Pellegrino, Bruno; Zheng, Geoffery - 2023
An important strand of research in macro-finance investigates which factors impede enterprise investment, and … equilibrium model with heterogeneous firms whose capital investment decisions are distorted by red tape. We find that the …
Persistent link: https://www.econbiz.de/10014377422
Cover Image
Forecastability and Statistical Characteristics of Aggregate Oil and Gas Investments on the Norwegian Continental Shelf
Lorentzen, Sindre; Osmundsen, Petter - 2016
We investigate the potential for statistical forecasting of aggregate oil and gas investment on the Norwegian … random walk benchmark in an out-of-sample environment. Second, lags of investment growth, crude oil price growth and realized … volatility is found to be adequate predictors for the investment growth. Finally, there is a clear benefit from re-estimating the …
Persistent link: https://www.econbiz.de/10011555555
Cover Image
The Quantification of Structural Reforms in OECD Countries: A New Framework
Egert, Balazs; Gal, Peter - 2017
This document describes and discusses a new supply side framework that quantifies the impact of structural reforms on per capita income in OECD countries. It presents the overall macroeconomic impacts of reforms by aggregating over the effects on physical capital, employment and productivity...
Persistent link: https://www.econbiz.de/10011657141