Showing 1 - 10 of 83
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/10009011182
UK, Italy and Spain. Furthermore, policy proposals which could change the role of the financial system to better serve …
Persistent link: https://www.econbiz.de/10010338581
Persistent link: https://www.econbiz.de/10011550580
the UK, Poland, Germany and Spain. It also examines a number of its aspects that have important political and …
Persistent link: https://www.econbiz.de/10010358757
Immigration may impact income distribution both by affecting the skill composition of a country's residents, and, by changing relative factor supplies, its relative factor prices. We provide some background evidence on compositional factors but focus primarily on factor prices. We first consider...
Persistent link: https://www.econbiz.de/10010227178
The isolation of national telecommunications markets in the past has meant that pronounced differences remain among the R&D systems operating in the countries of the European Community. The intended opening up of public procurement markets by the end of 1992 could therefore lead to substantial...
Persistent link: https://www.econbiz.de/10011546778
, Spain, France, Switzerland and Germany. We then draw conclusions, how the market for insurance against natural disasters …
Persistent link: https://www.econbiz.de/10011511057
Persistent link: https://www.econbiz.de/10010426153
This paper analyzes the strikingly different response of unemployment to the Great Recession in France and Spain. Their … France, unemployment rate has increased by 2 percentage points, whereas in Spain it has shot up to 19% by the end of 2009. We … contracts and the less restrictive rules regarding the use of the latter contracts in Spain. Using a calibrated search and …
Persistent link: https://www.econbiz.de/10008757525
We extend previous work on the sustainability of the government's intertemporal budget constraint by allowing for non-linear adjustment of the fiscal variables, conditional on (i) the sign of budgetary disequilibria and (ii) the phase of the economic cycle. Further, our endogenously estimated...
Persistent link: https://www.econbiz.de/10009683459