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Employment effects of payroll tax subsidies

Collischon, Matthias; Cygan-Rehm, Kamila; Riphahn, Regina T. - 2018

This paper exploits several reforms of wage subsidies in the framework of the German Minijob program to investigate substitution and complementarity relationships between subsidized and non-subsidized labor demand. We apply an instrumental variables approach and use administrative data on German...

Persistent link: https://www.econbiz.de/10011864521

Is public investment in construction and in R&D, growth enhancing? : a PVAR approach

Afonso, António; Rodrigues, Eduardo de Sá Fortes Leitão - 2022

We study the impacts of public investment, notably in construction and in R&D on economic growth and of crowding-out effects on private investment. For this purpose, we use Panel Vector Autoregression (PVAR) models and the Generalised Method of Moments (GMM) approach for 40 advanced and emerging...

Persistent link: https://www.econbiz.de/10013426082

The macroeconomic effects of funding U.S. infrastructure

Malley, James R.; Philippopulos, Apostolēs - 2022

This paper quantitatively assesses the macroeconomic effects of the recently agreed U.S. bipartisan infrastructure spending bill in a neoclassical growth model. We add to the literature by considering a more detailed tax structure, different types of infrastructure spending and linkages between...

Persistent link: https://www.econbiz.de/10012801569

On the optimal design of place-based policies : a structural evaluation of EU regional transfers

Blouri, Yashar; Ehrlich, Maximilian von - 2017

We quantify general equilibrium effects of place-based policies in a multi-region framework with mobility, trade and agglomeration economies. Using detailed data on EU transfers, we infer the local effects of different transfer types on productivity, income and transportation cost. Based on...

Persistent link: https://www.econbiz.de/10011752504

Socio-political conflict and economic performance in Bolivia

Evia, José Luis (contributor); Laserna, Roberto (contributor) - 2008

Persistent link: https://www.econbiz.de/10003662243

Security of property as a public good : institutions, socio-political environment and experimental behavior in five countries

Campos-Ortiz, Francisco; Putterman, Louis G.; Ahn, T. K.; … - 2012

We study experimentally the protection of property in five widely distinct countries- Austria, Mexico, Mongolia, South …

Persistent link: https://www.econbiz.de/10009683449

Macroeconomic effects of government spending shocks : new evidence using natural disaster relief in Korea

Yang, Weonho; Fidrmuc, Jan; Ghosh, Sugata - 2012

We investigate the macroeconomic effects of government spending shocks in Korea. We compare results obtained with two alternative approaches: the narrative approach and Structural Vector-Autoregressive model (SVAR). We propose a new methodology for identifying exogenous and unexpected fiscal...

Persistent link: https://www.econbiz.de/10009630124

NAFTA and Mexico's economic performance

Tornell, Aaron; Westermann, Frank; Martínez Trigueros, … - 2004

Mexico, a prominent liberalizer, failed to attain stellar gross domestic product (GDP) growth in the 1990s, and since … 2001 its GDP and exports have stagnated. In this paper we argue that the lack of spectacular growth in Mexico cannot be … extraordinary growth of exports and foreign domestic investment (FDI). The key to the Mexican puzzle lies in Mexico s response to …

Persistent link: https://www.econbiz.de/10011402509

Aid and growth : new evidence using an excludable instrument

Dreher, Axel; Langlotz, Sarah - 2015

We use an excludable instrument to test the effect of foreign aid on economic growth in a sample of 96 recipient countries over the 1974-2009 period. We interact donor government fractionalization with a recipient country's probability of receiving aid. The results show that fractionalization...

Persistent link: https://www.econbiz.de/10011343084

Geopolitics, aid and growth

Dreher, Axel; Eichenauer, Vera; Gehring, Kai - 2013

We investigate the effects of short-term political motivations on the effectiveness of foreign aid. Donor countries ́political motives might reduce the effectiveness of conditionality, channel aid to inferior projects or affect the way aid is spent in other ways, reduce the aid bureaucracyś...

Persistent link: https://www.econbiz.de/10009764394

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