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Based on the experience of the Bank of Albania, the paper proposes a framework to estimate the interest rate lower …
Persistent link: https://www.econbiz.de/10011848127
is derived from the experience of Albania. The paper is the first attempt to provide an empirical measure of the optimal … level of euroization. The results indicate that euroization is trending above the estimated measure in Albania, calling for …
Persistent link: https://www.econbiz.de/10011799246
Theoretischer Rahmen zur Erklärung administrativen Wandels -- Messung administrativen Wandels -- Fallstudien zu Reformen der Personalpolitik in der Europäischen Kommission und in den Sekretariaten der FAO, OECD und WTO.
Persistent link: https://www.econbiz.de/10014018454
Persistent link: https://www.econbiz.de/10014018798
Globalisation-driven demands to increase efficiency and effectiveness require nearly all OECD member states to strategically modernise their management of state and administration. In this book, internationally renowned scholars and practitioners elaborate on political as well as managerial...
Persistent link: https://www.econbiz.de/10013520789
There has been widespread adoption of new laws to support new public management. In many countries that have implemented comprehensive and deep reforms, new or amended laws have fundamentally changed the role of the state and the budget processes supporting it. Paradoxically, far-reaching...
Persistent link: https://www.econbiz.de/10014400959
The interplay between banks and the macroeconomy is of key importance for financial and economic stability. We analyze this link using a factor-augmented vector autoregressive model (FAVAR) which extends a standard VAR for the U.S. macroeconomy. The model includes GDP growth, inflation, the...
Persistent link: https://www.econbiz.de/10008697445
We consider a dynamic general equilibrium model with collective wage bargaining and investigate how unemployment dynamics are affected by two types of budgetary policies. In line with traditional reasoning, a balanced-budget rule amplifies fluctuations in the short run, whereas an...
Persistent link: https://www.econbiz.de/10011419352
The aim of this paper is to provide new estimates of employment-output elasticities and assess the effect of structural and macroeocnomic policies on the employment-intensity of growth. Using an unbalanced panel of 167 countries over the period 1991 - 2009, the results suggest that structural...
Persistent link: https://www.econbiz.de/10009621620
This paper investigates the role that International Monetary Fund (IMF) programs and capacity building play in fostering structural reforms. To do so, we exploit two novel datasets on IMF capacity building and structural reforms available for over one hundred IMF member countries over the period...
Persistent link: https://www.econbiz.de/10009622439