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, especially in infrastructure. Brazil has one of the highest tax burdens in the world and, at the same time, the public sector has …
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The main objectives of regulatory reform and privatization of infrastructure in Brazil were to attract new private … infrastructure investment? Was it an error in diagnosis, faulted implementation or lack of additional supporting reforms? What … make the necessary corrections so as to produced the needed rise in infrastructure investment? This paper tries to answer …
Persistent link: https://www.econbiz.de/10012019342
We analyze cooperation within a company setting in order to study the relationship between cooperative attitudes and financial as well as non-financial rewards. In total, 910 employees of a large software company participate in an incentivized online experiment. We observe high levels of...
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This paper provides new evidence for the empirical literature that investigates the presence of political cycles in fiscal policy and, more precisely, public investments in Brazil. The approach differs from most of the studies for applying the state-space modeling. The greatest benefit is to...
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favour growth (infrastructure, rule of law, etc.), others lead to a potentially catastrophic drop in such activities. As a …
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Drei Probleme der Risikobewertung bei öffentlichen Investitionen werden behandelt. Erstes Thema ist die Frage nach der richtigen Diskontrate bei unsicherem Wirtschaftswachstum. Zentrales Ergebnis ist, dass die übliche Ramsey-Gleichung bei Unsicherheit keine Gültigkeit mehr hat und einer...
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