Showing 1 - 10 of 492
This paper studies the long-run fiscal consequences of balanced budget rules (BBR) that are enshrined in a country's constitution. Using historical data dating back to the 19th century and applying a difference-in-difference approach we find that the introduction of a constitutional-BBR reduces...
Persistent link: https://www.econbiz.de/10012989524
This paper analyses the European budget and the position of the ten new member states. We argue that the EU budget should be reconsidered, as the Union has expanded to 27 member states and has become more heterogeneous. The budget priorities must be re-oriented towards potentially productive...
Persistent link: https://www.econbiz.de/10012776902
This paper deals with the effects of labour market institutions on unemployment in a panel of 19 OECD countries for the … of the unemployment rate. Our novel contribution is the estimation of panel models where we allow for heterogeneous … effects of institutions on unemployment. Our main results are that on the average a tighter employment protection, a higher …
Persistent link: https://www.econbiz.de/10013120904
This paper proposes a simple framework to better understand an opposition group's choice between peace, terrorism, and open civil conflict against the government. Our model implies that terrorism emerges if constraints on the ruling executive group are intermediate and rents are sizeable,...
Persistent link: https://www.econbiz.de/10012930080
This article investigates the effect of natural resources on whether ethno-political groups choose to pursue their goals with non-violent as compared to violent means, distinguishing terrorism from insurgencies. It is hypothesized that whether or not the extraction of fossil fuels sparks...
Persistent link: https://www.econbiz.de/10013019416
necessary. These predictions are consistent with observed outcomes in Egypt, Libya, Saudi Arabia, Syria, Tunisia, and elsewhere …
Persistent link: https://www.econbiz.de/10013315827
This paper tests the hypothesis that the extension of the voting franchise was caused by the threat of revolution, as suggested by Acemoglu and Robinson [Quarterly Journal of Economics 115, 1167-1199, 2000]. We approximate the threat of revolution in a given country by revolutionary events...
Persistent link: https://www.econbiz.de/10013316021
This study examines the economic globalization and the shadow economy nexus in Egypt. Using time series data from 1976 … to 2013, the impulse response analysis shows that the response of the shadow economy in Egypt to positive shocks in … globalization by reducing the costs of doing business and trade in dealing with sizable shadow economy in Egypt …
Persistent link: https://www.econbiz.de/10012956723
estimate the size of the shadow economy in Egypt during the last four decades (1976 to 2013). In addition to the standard …
Persistent link: https://www.econbiz.de/10012997329
sector production. The model is calibrated to Egypt and used to study reforms such as reductions in energy subsidies with …
Persistent link: https://www.econbiz.de/10013027091