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It is generally acknowledged that the government's output is difficult to define and its value is hard to measure. The practical solution, adopted by national accounts systems, is to equate output to input costs. However, several studies estimate significant inefficiencies in government...
Persistent link: https://www.econbiz.de/10009620981
This paper analyzes the economic rationale for adopting parametric pension reforms and reforms broadening the coverage of public health care in Colombia during 1993-2008. Parametric pension reforms have focused on increasing the retirement age and moderating replacement rates. The health system...
Persistent link: https://www.econbiz.de/10012677742
Remittance flows in emerging market and developing economies were surprisingly resilient during the COVID-19 crisis, providing much-needed income support for remittance-receiving households. However, households were impacted differently across income distributions. Using novel high-frequency...
Persistent link: https://www.econbiz.de/10015059504
The COVID-19 shock has underscored the importance of digital tools for enhancing the effectiveness and efficiency of social protection systems. Cross-country evidence suggests that digital IDs linked with bank and/or mobile money accounts can improve the delivery of social protection programs...
Persistent link: https://www.econbiz.de/10015060112
This paper investigates the impact of automation on the U.S. labor market from 2000 to 2007, specifically examining whether more generous social protection programs can mitigate negative effects. Following Acemoglu and Restrepo (2020), the study finds that areas with higher robot adoption...
Persistent link: https://www.econbiz.de/10015058467
Social protection programs are crucial for stabilizing household income, especially during crises. Brazil's response to the pandemic, the Auxilio Emergencial (AE) program, demonstrated the value of a resilient social safety net and digital tools. This study assesses AE's effectiveness in income...
Persistent link: https://www.econbiz.de/10015058634
Intro -- Contents -- I. INTRODUCTION -- II. MONEY, EXCHANGE RATES, AND INFLATION IN TANZANIA -- III. A SURVEY OF THE …
Persistent link: https://www.econbiz.de/10012690980
Tanzania's real effective exchange rate (REER) has depreciated sharply since end-2000, reversing the appreciation that … approach, suggest that Tanzania's REER is currently modestly undervalued relative to its estimated equilibrium level. Looking … expected recovery in terms of trade. In addition, capital inflows to Tanzania could be significantly higher than cu …
Persistent link: https://www.econbiz.de/10012677457
A zero net domestic financing (NDF) target has served Tanzania well in recent years, contributing to prudent …, may serve Tanzania better. The ""diamond rule"" proposed in this paper incorporates a permanent hard ceiling on debt and …
Persistent link: https://www.econbiz.de/10012677495
fluctuations, raising the incidence of poverty. Drawing on micro-level data from South Africa and Tanzania, we examine the … are most prevalent and which consumption-smoothing mechanisms are available. In Tanzania, agricultural shocks are an …
Persistent link: https://www.econbiz.de/10014407884