Showing 1 - 10 of 326
This paper combines representative worker-level data that cover time-varying job-level task characteristics of an economy over a long time span with sector-level bilateral trade data for merchandize and services. We carefully create longitudinally consistent workplace characteristics from the...
Persistent link: https://www.econbiz.de/10010464704
debt crisis has prompted a fundamental re-evaluation of public debt sustainability and the looming threat of sovereign debt … fiscal sustainability for the period from 1950 to 2010. This evidence leads to the conclusion that Germany's public debt is … default. Due to a multitude of large scale events in its past, Germany is far from being an exception: In fact, Germany …
Persistent link: https://www.econbiz.de/10009709423
newly compiled database covering the years 1950 - 2011. Unlike previous studies on Germany, we analyze fiscal sustainability …This paper provides new evidence on the sustainability of public finances in German states (Laender) by exploiting a …
Persistent link: https://www.econbiz.de/10010388585
In this paper we analyze the sustainability of public finances in the states (Laender) of the Federal Republic of … Germany using an unprecedentedly comprehensive fiscal dataset for the time period from 1950 to 2011 for West German Laender … and 1991 to 2011 for East German Laender, respectively. In order to assess the fiscal sustainability of the (Laender) we …
Persistent link: https://www.econbiz.de/10010388609
In this paper, we extend Henning Bohn's (2008) fiscal sustainability test by allowing for slope heterogeneity and cross … sustainability criteria. According to our results, politicians have significantly reacted to increasing debt levels by increasing …
Persistent link: https://www.econbiz.de/10011822075
We examine the comovements between the output indexes of three German sectors (manufacturing, mining, and agriculture …
Persistent link: https://www.econbiz.de/10011398919
This paper focuses on the role of institutions in the fight against poverty and inequality. Our view of institutions encompasses formal rules designed by polity (including those in the legal and economics sphere such as rules of property rights, contracts and liabilities) as well as informal...
Persistent link: https://www.econbiz.de/10011514135
A cross-regional econometric analysis suggests that institutional factors in the form of direct democracy (via initiatives and referenda) and of federal structure (local autonomy) systematically and sizeably raise s elf-reported individual well-being. This positive effect can be attributed to...
Persistent link: https://www.econbiz.de/10009781520
In this paper, we study development in a panel of 87 countries from 1970 to 2005. We focus on characterizing institutionally driven heterogeneities in the development effects of macroeconomic policies and on comparing the development process as measured by GDP to that measured by the Human...
Persistent link: https://www.econbiz.de/10009011991
The past decades witnessed big changes in international trade with the rise of global value chains. Some countries, such as China, Poland, and Vietnam rode the tide, while other countries, many in the Africa region, faltered. This paper studies the determinants of participation in global value...
Persistent link: https://www.econbiz.de/10012213059