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Universal Basic Income : Debate and Impact Assessment
Francese, Maura - 2019
This paper discusses the definition and modelling of a universal basic income (UBI). Afterclarifying the debate about what a UBI is and presenting the arguments in favor and against,an analytical approach for its assessment is proposed. The adoption of a UBI as a policy tool isdiscussed with...
Persistent link: https://www.econbiz.de/10012895107
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Do Sovereign Wealth Funds Reduce Fiscal Policy Pro-Cyclicality? New Evidence Using a Non-Parametric Approach
Alsadiq, Ali; Gutiérrez, Diego Alejandro - 2023
The heightened volatility of commodity prices in recent years, reflecting the effects of the pandemic and the war in Ukraine, begs the longstanding question of the optimal fiscal policy response to commodity price shocks. Fiscal performance in most commodity-exporting countries is typically...
Persistent link: https://www.econbiz.de/10014353685
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Unemployment Benefits Versus Conditional Negative Income Taxes
Snower, Dennis J. - 2006
The paper analyzes the wage-employment effects of replacing unemployment benefits by negative income taxes. It first … surveys the major equity and efficiency effects of unemployment benefits versus negative income taxes, and summarizes the … salient features of many European unemployment benefit systems in this light. Second, it presents a simple theoretical model …
Persistent link: https://www.econbiz.de/10012781892
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Universal Basic Income in Developing Countries : Issues, Options, and Illustration for India
Coady, David P. - 2018
This paper discusses two common arguments for the adoption of a UBI; that it can be a more effective way of supporting low-income households when existing safety net programs are inefficient, and that it can generate broad support for structural reforms. Using India as an illustration, the paper...
Persistent link: https://www.econbiz.de/10012907956
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Global Food Price Inflation and Policy Responses in Central Asia
Sumlinski, Mariusz A. - 2012
This paper examines the implications of elevated global food prices for inflation in select Central Asian economies - Kazakhstan, the Kyrgyz Republic, Tajikistan, and Uzbekistan. The findings suggest that global food inflation has significant short-run effects that build over time. Inflation...
Persistent link: https://www.econbiz.de/10013107077
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Natural Disasters and Food Crises in Low-Income Countries : Macroeconomic Dimensions
Adedeji, Olumuyiwa - 2016
The exposure of low-income countries to natural disasters has a significant impact on food production and food security. This paper provides a framework for assessing a country's vulnerability to food crisis in the event of natural disasters. The paper finds that macroeconomic and structural...
Persistent link: https://www.econbiz.de/10012993722
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Sovereign Wealth Funds : Aspects of Governance Structures and Investment Management
Al-Hassan, Abdullah - 2013
This paper presents in a systematic (normative) manner the salient features of a SWF‘s governance structure, in relation to its objectives and investment management that can ensure its efficient operation and enhance its financial performance. In this context, it distinguishes among the...
Persistent link: https://www.econbiz.de/10013071922
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Crises, Labor Market Policy, and Unemployment
Bernal-Verdugo, Lorenzo E. - 2012
impact on unemployment in the short term, but that this effect rapidly disappears in the medium term in countries with … with more rigid labor market institutions. These effects are even larger for youth unemployment in the short term and long …-term unemployment in the medium term. Conversely, large upfront, or gradual but significant, comprehensive labor market policies have a …
Persistent link: https://www.econbiz.de/10013108620
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Income Mobility and Welfare
Krebs, Tom - 2013
This paper develops a framework for the quantitative analysis of individual income dynamics, mobility and welfare. Individual income is assumed to follow a stochastic process with two (unobserved) components, an i.i.d. component representing measurement error or transitory income shocks and an...
Persistent link: https://www.econbiz.de/10013086320
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Tax, Welfare, and Pension Reforms in Slovenia : Implications for Work Incentives and Labor Participation
Egoumé-Bossogo, Philippe - 2010
The labor participation rate in Slovenia has been lower than in the EU-15 (the members states prior to May 2004), particularly for the low-income and older individuals. Using simulations of tax and social benefits and public pensions, the paper shows how the current tax, welfare, and pension...
Persistent link: https://www.econbiz.de/10012760460