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Fiscal rules and composition bias in OECD countries
Dahan, Momi; Strawczynski, Michel - 2010
Using a sample of OECD countries, this paper finds that while fiscal rules succeeded in reducing total government expenditures and budget deficits in the medium term, they significantly affected the composition of government expenditure: the ratio of social transfers to government consumption...
Persistent link: https://www.econbiz.de/10003975574
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Public provision, commodity demand and hours of work : an empirical analysis
Pirttilä, Jukka; Suoniemi, Ilpo - 2010
Atkinson and Stiglitz (Journal of Public Economics 1976) show that when the government has access to non-linear income taxation and consumer preferences are separable between consumption and leisure, there is no need for differentiated commodity taxation. This paper examines the empirical...
Persistent link: https://www.econbiz.de/10003951573
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Subsidizing health-conscious behavior now or later
Danilowicz-Gösele, Kamila; Schwager, Robert - 2016
-conscious consumption and future subsidies rewarding good health outcome. We characterize the subsidy rates which implement the unbiased … future subsidy receipts, and (2) she can use the future subsidy to partially correct her own future behavior. We further show …
Persistent link: https://www.econbiz.de/10011420788
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Permanent wage cost subsidies for older workers : an effective tool for increasing working time and postponing early retirement?
Albanese, Andrea; Cockx, Bart - 2015
, but evidence on their effectiveness is scarce. This paper examines the effects of a permanent wage cost subsidy in Belgium …
Persistent link: https://www.econbiz.de/10010506320
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How effective are hiring subsidies to reduce long-term unemployment among prime-aged jobseekers? : evidence from Belgium
Desiere, Sam; Cockx, Bart - 2021
abolition of a hiring subsidy targeted at long-term unemployed jobseekers over 45 years of age in Belgium to evaluate its … effectiveness in the short and medium run. Based on a triple difference methodology the hiring subsidy is shown to increase the job … at least a bachelor's degree. However, the hiring subsidy mainly created temporary short-lived employment: eligible …
Persistent link: https://www.econbiz.de/10012625877
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Long-term effects of hiring subsidies for unemployed youths : beware of spillovers
Albanese, Andrea; Cockx, Bart; Dejemeppe, Muriel - 2022
-shot hiring subsidy targeted at low-educated unemployed youths during the Great Recession recovery in Belgium. The subsidy …
Persistent link: https://www.econbiz.de/10013383613
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Firm and establishment volatility : the role of sunk costs, profit uncertainty and technological change
Ghosal, Vivek - 2003
The degree of endemic volatility in the number of firms and establishments varies considerably across industries. Examining the within-industry range of variation (max.-min.) of the number of firms over our sample period, the low and high values across U.S. manufacturing industries are 4 and...
Persistent link: https://www.econbiz.de/10011508062
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Economic, political and institutional determinants of budget deficits in the European Union
Bayar, Ali H.; Smeets, Bram - 2009
Using an extended data set of EU countries ranging from 1971-2006 and relevant econometric methods, we investigate the economic, political, and institutional determinants of government deficits in the EU. The results show a strong opportunistic behaviour of policymakers which leads to political...
Persistent link: https://www.econbiz.de/10003831961
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The determinants of economic growth in European regions
Crespo Cuaresma, Jesús; Doppelhofer, Gernot; … - 2009
We use Bayesian Model Averaging (BMA) to evaluate the robustness of determinants of economic growth in a new dataset of 255 European regions in the 1995-2005 period. We use three different specifications based on (1) the cross-section of regions, (2) the cross-section of regions with country...
Persistent link: https://www.econbiz.de/10003806087
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Economic and political determinants of budget deficits in the European Union : a dynamic random coefficient approach
Bayar, Ali H.; Smeets, Bram - 2009
This paper formulates a dynamic Random Coefficient Model (RCM) to consider a set of popular determinants of public deficits in the EU-15 over the period 1971-2006, both at a country-specific level and from a population-wide perspective. Although the extent of government deficits and debt has...
Persistent link: https://www.econbiz.de/10003808131