Showing 1 - 10 of 410
Early evidence on the pandemic’s effects pointed to women’s employment falling disproportionately, leading observers to … to two-thirds exhibiting larger declines in women’s than men’s employment rates. These gender differences in COVID-19’s … related to COVID-19’s impacts on gender shares in employment within sectors …
Persistent link: https://www.econbiz.de/10013302778
With fiscal adjustment proceeding quickly in Bulgaria and given the weak economic growth environment, there is keen interest in making the budget composition more growth friendly. This paper quantifies the short-term impact of fiscal policy on economic activity in Bulgaria using econometric and...
Persistent link: https://www.econbiz.de/10013085612
This paper develops a dynamic general equilibrium model to assess the effects oftemporary business tax cuts. First, the analysis extends the Ricardian equivalence result toan environment with production and establishes that a temporary tax cut financed by afuture tax-increase has no real effect...
Persistent link: https://www.econbiz.de/10012889161
This paper assesses the landmark Tax Cuts and Jobs Act (TCJA), from the perspective of both the U.S. itself and the wider world. The reform has many positive aspects including steps to broaden the base of, and reduce marginal rates under, the personal income tax (PIT), reduce distortions to...
Persistent link: https://www.econbiz.de/10012912481
The 2017 Tax Cuts and Jobs Act (TCJA) sharply reduced effective corporate income tax rates on equity-financed US investment. This paper examines the reform’s impact on US inbound foreign direct investment (FDI) and investment in property, plant and equipment (PPE) by foreign-owned US...
Persistent link: https://www.econbiz.de/10013406749
This paper analyzes the effects of selected structural reforms on output and employment in the short and medium term … and employment in the medium term. Furthermore, the paper also assesses whether the impact of structural reforms varies … firms …
Persistent link: https://www.econbiz.de/10012918569
Jorda's (2005) local projection methodology, we find that cumulative fiscal multipliers related to output,employment and …
Persistent link: https://www.econbiz.de/10013031164
This paper examines the size of the fiscal multiplier values generated in Malaysia. The results show that a government …
Persistent link: https://www.econbiz.de/10013079260
prior to the global financial crisis and have remained high since, weighing on firms' profits, capital returns, and thus … capacity to invest. Empirical analysis provides evidence for the impact of wages on investment at the sectoral and firm levels … the lagged labor share of the firm. A 1 percent increase in real wages is estimated to cause a 1/3 percent fall in fixed …
Persistent link: https://www.econbiz.de/10012839312
This paper studies the macroeconomic effects and sequencing of (LMRs) and product (PMRs) market reforms in Morocco. It finds that introducing LMRs and PMRs simultaneously would add about 2.5 percentage points (pp) of GDP growth and reduce unemployment by about 2.2 pp after five years. If...
Persistent link: https://www.econbiz.de/10012858957