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This paper uses a global general equilibrium simulation model to quantify the effects of lifting economic sanctions on Iran with and without strategic responses. Iran benefits the most, with average per capita welfare gains ranging from close to 3 percent, in the case when Iran's crude oil...
Persistent link: https://www.econbiz.de/10012970129
represented 83 percent of the world's population and 91 percent of the world's GDP in 2013. It addresses the following five … setting trade policy? Finally, how liberalized is world trade? The analysis documents the extent of cross … concludes that substantial trade policy barriers remain as an important feature of the world economy …
Persistent link: https://www.econbiz.de/10012936297
National Time Accounting is a way of measuring society's well-being, based on time use. Its explicit form is the U-index, for "unpleasant" or "undesirable", which measures the proportion of time an individual spends in an unpleasant state. In this paper I review cross-country evidence on...
Persistent link: https://www.econbiz.de/10003679395
This paper surveys the literature to document the main stylized facts, risks, and policy challenges related to the expansion of global nonfinancial corporate debt after the 2008–09 global financial crisis. Nonfinancial corporate debt steadily increased after the crisis, especially in emerging...
Persistent link: https://www.econbiz.de/10012823367
In Europe differences among countries in the overall change in happiness since the early 1980s have been due chiefly to the generosity of welfare state programs - increasing happiness going with increasing generosity and declining happiness with declining generosity. This is the principal...
Persistent link: https://www.econbiz.de/10013502264
To what extent has Sub-Saharan Africa's slow economic growth over the past five decades been due to price and trade policies that discouraged production of agricultural relative to non-agricultural tradables? This paper uses a new set of estimates of policy induced distortions to relative...
Persistent link: https://www.econbiz.de/10012974965
countries (namely Belgium, Italy, the Netherlands, Norway, Portugal and Spain compared with Latvia, Lithuania, the Czech … countries. It is relatively small in Norway and Belgium, large in the Netherlands, Italy, Spain, Poland and the Czech Republic …
Persistent link: https://www.econbiz.de/10003777922
national teams: Belgium, Brazil, England, Germany, Italy and the Netherlands. We analyze qualifying matches for the European … Championship and World Cup and the matches at the final tournaments of these two events, the Copa America and the Confederations …
Persistent link: https://www.econbiz.de/10003969605
tax morale within three multicultural European countries, Switzerland, Belgium and Spain, a choice that allows far more … detailed examination of the impact of culture and institutions using datasets from the World Values Survey and the European …
Persistent link: https://www.econbiz.de/10003388242
can be seen from high shares of self-employed and part-timers, as well as temporary workers. Finally, Belgium has large …
Persistent link: https://www.econbiz.de/10003985730