Showing 1 - 10 of 587
end, Switzerland provides for a laboratory as its 26 cantons share a common framework, while the extent of federalism …
Persistent link: https://www.econbiz.de/10011903827
We estimate the ratio of private wealth to national income, βpt, for Switzerland from 1900 to 2020. Our results … Switzerland's capital friendly policy-making. Since the turn of the century, however, βpt has been on a rapid rise to reach 793 …
Persistent link: https://www.econbiz.de/10013384507
calibrated growth model for Switzerland indicate that the reform could add between 2 to 3 percent of GDP in the long run …
Persistent link: https://www.econbiz.de/10003113308
Switzerland where nominal GDP growth has been very low for many years in the 1990s. We find that the rigidity of nominal wages is …
Persistent link: https://www.econbiz.de/10009781613
This study analyzes how state capacity shapes the local impact of national policies by exploiting a quasi-natural experiment in the regional expansion of the state. It uses the local discontinuity created by the boundary of the largest peasant rebellion in 18th century Russia where the state...
Persistent link: https://www.econbiz.de/10012938946
Empirical tests of the theories on the relationship between political competition and economic performance generate a puzzle: data tend to support the theory at the lower levels of government, but not in panels of countries. We argue that the larger set of policy instruments reduces the tax...
Persistent link: https://www.econbiz.de/10003763178
This paper deals with the implications of natural resources for the conduct of economic policies and the role and design of institutions in resource-rich countries. The paper briefly reviews the experience of a few resource-rich countries, highlighting the successes of those that have done well...
Persistent link: https://www.econbiz.de/10009010049
We examine whether government ideology was correlated with the growth in military expenditure in Germany over the period 1951-2011. By using various measures of government ideology, the results do not show any effect. The exception is an ideology measure based on the Comparative Manifesto...
Persistent link: https://www.econbiz.de/10010515371
Even before the onset of the 2008 global financial crisis and ongoing European debt crisis, much attention has been given to the re-emergence of the Asian giants, the People's Republic of China (PRC) and India. Both countries have attained unprecedented growth and economic development-PRC and...
Persistent link: https://www.econbiz.de/10011444894
Persistent link: https://www.econbiz.de/10003364775