Showing 1 - 10 of 111
This paper summarizes assumptions made and results obtained in parts of the literature on welfare and sustainability … combinations. This taxonomy is used to organize results in welfare and sustainability accounting. The analysis illustrates how …
Persistent link: https://www.econbiz.de/10011514087
Research about the circular economy is dominated by engineers, architects, and social scientists in fields other than economics. The concepts they study can be useful in economic models of policies – to reduce virgin materials extraction, to encourage green design, and to make better use of...
Persistent link: https://www.econbiz.de/10014529224
We investigate differences in labor demand between German automotive firms specializing in green propulsion technology and those with a focus on combustion engines. To this end, we introduce a firm-level labor demand index based on the near-universe of online job postings and firms’ patent...
Persistent link: https://www.econbiz.de/10014551870
Evaluating the sustainability of a society requires a system of shadow or accounting values derived from the … sustainability objective. As a first step toward the derivation of such shadow values for a maximin objective, this paper studies an … genuine savings and the sustainability prospects of future generations. …
Persistent link: https://www.econbiz.de/10011597303
specifically on their degree of success, notably in terms of fiscal sustainability. The "need" to consolidate is based on having a … primary balance above or below the debt-stabilizing primary balance (provided by the IMF's Debt Sustainability Analysis) for … each country. We then link the need for and the actual (historical) existence of fiscal adjustments to their sustainability …
Persistent link: https://www.econbiz.de/10012938962
Persistent link: https://www.econbiz.de/10003641707
This paper explores the role of political stability on fiscal policy choices in a time-series analysis over 158 years on the Swiss federal level. We argue that the fiscal-commons problem of public finances is affected by the time-horizon of a finance minister. Arguably, the incentives for an...
Persistent link: https://www.econbiz.de/10003854439
with these issues. Still, some countries have made substantial progress in securing the long-term sustainability of their … ; welfare state ; public expenditure ; fiscal sustainability ; policy reforms …
Persistent link: https://www.econbiz.de/10003928767
We apply non-linear error-correction models to the empirical testing of the sustainability of the government … tax rate adjusts faster the farther away it is from the equilibrium. -- intertemporal budget constraint ; sustainability …
Persistent link: https://www.econbiz.de/10003936661
The rapidly growing federal government debt has become a concern for policy makers and the public. Yet the U.S. government has seemingly unbounded access to credit at low interest rates. Historically, Treasury yields have been below the growth rate of the economy. The paper examines the...
Persistent link: https://www.econbiz.de/10003974641