Showing 231 - 240 of 243
This paper studies the optimal long-run public intervention in a two-period OLG model where the probability of surviving the first period and the length of the second period can be influenced by distinct policies. While the optimal size of public intervention depends on the extra-productivity of...
Persistent link: https://www.econbiz.de/10003398709
We assess the impact of cardiovascular disease (CVD) mortality on economic growth, using a dynamic panel growth regression framework taking into account potential endogeneity problems. We start from a worldwide sample of countries for which data was available and detect a non-linearity in the...
Persistent link: https://www.econbiz.de/10003398734
Estimations of the size and development of the shadow economy for 145 countries, including developing, transition and … highly developed OECD economies over the period 1999 to 2003 are presented. The average size of the shadow economy (as a … with labor market regulation, are the driving forces of the shadow economy. Furthermore, the results show that the shadow …
Persistent link: https://www.econbiz.de/10003387578
In this paper we present simulations of economic performance of the Polish economy based on a quarterly econometric … model. The model consists of 22 stochastic equations, which link the financial market with the real economy. The purpose of …
Persistent link: https://www.econbiz.de/10003204721
This paper develops a model in which the interaction of entrepreneurial investments and power of the owners of land or other natural resources determines structural change and economic development. A more equal distribution of natural resources promotes structural change and growth through two...
Persistent link: https://www.econbiz.de/10003204791
This paper uses an endogenous-growth model with overlapping generations to explore the connection between fiscal federalism and economic growth. The analysis shows that federalism, which allows public-good levels to be tailored to suit the differing demands of young and old consumers, who live...
Persistent link: https://www.econbiz.de/10003244317
Biographical information on a sample of renowned U.S. inventors is combined with information on the patents they received over their careers, and employed to highlight the implications of patent institutions for markets in inventions and for democratization. The United States deliberately...
Persistent link: https://www.econbiz.de/10002467752
It is argued that an independent judiciary is a necessary condition for both individual liberty and economic prosperity. After having surveyed the literature dealing with how to arrange for an independent judiciary, the authors derive some additional policy implications by drawing on two...
Persistent link: https://www.econbiz.de/10002258084
economy, but there is not much evidence that countries with a large welfare state and substantial redistribution have worse … misconduct and search effort harm the economy less. Indeed, conditional benefits may even boost employment in an economy with …
Persistent link: https://www.econbiz.de/10002177091
This essay reviews the relationship between natural-resource abundance and economic growth around the world, and presents some new results. The principal reasons why resource-based production can inhibit economic growth over long periods are traced to the Dutch disease, neglect of education,...
Persistent link: https://www.econbiz.de/10014460957