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reflect and perpetuate gender norms that limit women's economic participation, and removal of these impediments through legal …, and the United States) that rank high in gender equality in their respective regions demonstrate how legal reforms have …
Persistent link: https://www.econbiz.de/10013170246
statistically significant output effect under floating exchange rate regimes. For the estimation of the output effects of fiscal …
Persistent link: https://www.econbiz.de/10012252736
Do discretionary spending cuts and tax increases hurt social well-being? To answer this question, we combine subjective well-being data covering over half a million of individuals across 13 European countries, with macroeconomic data on fiscal consolidations. We find that fiscal consolidations...
Persistent link: https://www.econbiz.de/10012170083
This paper considers various dimensions and sources of gender inequality and presents policies and best practices to … promotes gender equality. Despite recent progress, gender gaps remain across all stages of life, including before birth, and … negatively impact health, education, and economic outcomes for women. The roadmap to gender equality has to rely on legal …
Persistent link: https://www.econbiz.de/10012518760
Using a panel of 101 low- and middle-income countries with data covering the period 1980-2012, this paper applies various econometric approaches that deal with endogeneity issues to assess the impact of food price shocks on socio-political instability once fiscal policy and remittances have been...
Persistent link: https://www.econbiz.de/10012392596
We investigate the macroeconomic effects of government spending shocks in Korea. We compare results obtained with two alternative approaches: the narrative approach and Structural Vector-Autoregressive model (SVAR). We propose a new methodology for identifying exogenous and unexpected fiscal...
Persistent link: https://www.econbiz.de/10013100013
We build and estimate open economy two-bloc DSGE models to study the transmission and impact of shocks in Russia, Saudi Arabia and the United Kingdom. After accounting for country-specific fiscal and monetary sectors, we estimate their key policy and structural parameters. Our findings suggest...
Persistent link: https://www.econbiz.de/10012112123
The experience of developing countries over 1990-2010 indicates that commodity prices have a significant impact on fiscal outcomes. Both revenue and expenditure rise in response to commodity (import or export) price increases; the response of the fiscal deficit is ambiguous. A floating exchange...
Persistent link: https://www.econbiz.de/10014396611
probabilities deteriorate significantly, however, in the long term after the transitory positive commodity price shock has …
Persistent link: https://www.econbiz.de/10014404226
This paper assesses the roles of shocks, rules, and institutions as possible sources of procyclicality in fiscal policy. By employing parametric and nonparametric techniques, I reach the following four main conclusions. First, policymakers'' reactions to the business cycle is different depending...
Persistent link: https://www.econbiz.de/10014403030