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Rethinking the EU financial architecture
Acedo Montoya, Lourdes - In: Intereconomics : review of European economic policy 58 (2023) 6, pp. 289-294
The European Union has weathered a number of turbulent storms in recent years from the COVID-19 pandemic to the ongoing war in Ukraine. These crises have highlighted the limitations of the EU budget and the need for the flexibility to adequately respond to challenges in real time. They have also...
Persistent link: https://www.econbiz.de/10014444235
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The economic and fiscal effects on the United States from reduced numbers of refugees and asylum seekers
Clemens, Michael A. - 2022
International migrants who seek protection also participate in the economy. Thus the policy of the United States to drastically reduce refugee and asylum-seeker arrivals from 2017 to 2020 might have substantial and ongoing economic consequences. This paper places conservative bounds on those...
Persistent link: https://www.econbiz.de/10013209780
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Corruption, Seigniorage and Growth: Theory and Evidence
Blackburn, Keith; Neanidis, Kyriakos C.; Haque, M. Emranul - CESifo - 2008
This paper presents an analysis of the effect of bureaucratic corruption on economic growth through a public finance … seigniorage finance. This leads to an increase in inflation which, in turn, reduces capital accumulation and growth. At the …
Persistent link: https://www.econbiz.de/10005181368
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Collective bargaining systems and macroeconomic and microeconomic flexibility : the quest for appropriate institutional forms in advanced economies
Addison, John T. - 2015
This paper addresses the design of the machinery of collective bargaining from the perspective of the needs of microeconomic and macroeconomic flexibility. In the former context, greater attention is given over to enterprise flexibility than external adjustment. In the latter context, close...
Persistent link: https://www.econbiz.de/10011408196
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Unemployment, Growth and Speed of Transition in China
Fidrmuc, Jan; Huang, Shuo - CESifo - 2013
We investigate the relationship between unemployment and growth in China. We find considerable differences in the …
Persistent link: https://www.econbiz.de/10010877790
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Optimal Management with Potential Regime Shifts
Polasky, Stephen; Zeeuw, Aart de; Wagener, Florian - CESifo - 2010
We analyze how the threat of a potential future regime shift affects optimal management. We use a simple general growth …
Persistent link: https://www.econbiz.de/10008727304
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Legal Institutions, Innovation and Growth
Anderlini, Luca; Felli, Leonardo; Immordino, Giovanni; … - CESifo - 2011
We analyze the relationship between legal institutions, innovation and growth. We compare a rigid (law set ex … welfare, amount of innovation and output growth at intermediate stages of technological development - periods when legal … excessive (greater than first-best) R&D investment and output growth. …
Persistent link: https://www.econbiz.de/10009150639
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Prospects of bilateral trade between India and Bangladesh
Sikdar, Chandrima - In: Foreign trade review : quarterly journal of Indian … 41 (2006) 1, pp. 27-45
Persistent link: https://www.econbiz.de/10003368581
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What Should Fiscal Councils Do?
Calmfors, Lars - 2011
The paper analyses theoretically what role fiscal councils could play and surveys empirically the activities of existing councils. Case studies of the Swedish Fiscal Policy Council and the UK Office for Budget Responsibility are done. It is concluded that fiscal councils should be advisory,...
Persistent link: https://www.econbiz.de/10013128042
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Fiscal Adjustment and the Costs of Public Debt Service : Evidence from OECD Countries
Schaltegger, Christoph A. - 2011
We use a panel of 21 OECD countries from 1970 to 2009 to investigate the effects of different fiscal adjustment strategies on long-term interest rates – a key fiscal indicator reflecting the costs of government debt service. A government confronted with high deficits and rising debt will...
Persistent link: https://www.econbiz.de/10013131547