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Resource windfalls, public expenditures and local economies
Bancalari, Antonella; Rud, Juan Pablo - 2024
We use plausibly exogenous variation in the redistribution of natural resource tax revenues in Peru to study whether transfers to local governments can stimulate economic activity in low-income areas. We show that resource windfalls to non-extractive municipalities between 2006 and 2018 changed...
Persistent link: https://www.econbiz.de/10015125100
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Fiscal multipliers in the COVID-19 recession
Auerbach, Alan J.; Gorodnichenko, Yuriy; McCrory, Peter B. - 2021
In response to the record-breaking COVID19 recession, many governments have adopted unprecedented fiscal stimuli. While countercyclical fiscal policy is effective in fighting conventional recessions, little is known about the effectiveness of fiscal policy in the current environment with...
Persistent link: https://www.econbiz.de/10012705410
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Interdependent hazards, local interactions, and the return decision of recent migrants
Bijwaard, Govert; Schluter, Christian - 2018
Consider the duration of stay of migrants in a host country. We propose a statistical model of locally interdependent return hazards in order to examine whether interactions at the level of the neighbourhood are present and lead to social multipliers. To estimate this model we develop and study...
Persistent link: https://www.econbiz.de/10011904940
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The impact of government spending on GDP in a remitting country
Al-Abri, Almukhtar S.; Genc, Ismail H.; Naufal, George - 2018
The literature on remittances is large and growing. However, its focus has mainly been on the effects of remittance inflows on the receiving economies. Little has been done on the sending economies. In this paper, we use data from Saudi Arabia, one of the top remitting countries in the world, to...
Persistent link: https://www.econbiz.de/10011881574
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The social multiplier and labour market participation of mothers
Maurin, Eric (contributor); Moschion, Julie (contributor) - 2006
A mother's decision to participate in the labour market is correlated with those of the other mothers living in the same neighbourhood. This paper studies the extent to which this is causal. An identification problem exists because mothers with similar characteristics are often observed living...
Persistent link: https://www.econbiz.de/10003523071
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Fiscal multipliers and the labour market in the open economy
Faia, Ester; Lechthaler, Wolfgang; Merkl, Christian - 2010
Several contributions have recently assessed the size of fiscal multipliers both in RBC models and New Keynesian models. None of the studies considers a model with frictional labour markets which is a crucial element, particularly at times in which much of the fiscal stimulus has been directed...
Persistent link: https://www.econbiz.de/10003945992
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Macroeconomic impact of remittances on output growth : evidence from Turkey
Tansel, Aysıt; Yaşar, Pınar - 2010
that on investment wears out in the second year. The impact multiplier for income implies a substantial increase in income … due to remittances through the multiplier process. The remittances-induced output growth rate is highest during the early …
Persistent link: https://www.econbiz.de/10009313322
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Sectoral linkage in the Ethiopian economy : a social accounting matrix multiplier analysis
Kebede, Selamawit G.; Heshmati, Almas - 2023
economy. The multiplier analysis shows that an exogenous shock to the agriculture-based industry has a higher multiplier … and total linkages of the industry with the agriculture and service sectors. The import penetration and export intensity … of the agriculture-based industry and the manufacturing industry are also discussed. The study used the Ethiopian Social …
Persistent link: https://www.econbiz.de/10013498894
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Multipliers from a major public sector relocation : the BBC moves to Salford
Nathan, Max; Overman, Henry G.; Riom, Capucine; … - 2024
This paper considers the impact of a major public sector relocation: the British Broadcasting Corporation's partial move from London to Salford, Greater Manchester starting in 2011. We identify effects of the move using synthetic control methods applied to plant-level data at Local Authority and...
Persistent link: https://www.econbiz.de/10015075342
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Some challenges in the empirics of the effects of networks
Boucher, Vincent; Fortin, Bernard - 2015
, such as preferences, technology and decision processes. We discuss sources of identification for the social multiplier as …
Persistent link: https://www.econbiz.de/10010489618