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This collection of studies analyzes developments in nonprice external competitiveness of France, Greece, Italy …, Portugal, and Spain. While France, Italy, and Portugal have experienced substantial export market share losses, Greece and …
Persistent link: https://www.econbiz.de/10014409024
current literature and apply it to the Mediterranean Quartet (MQ) of Greece, Italy, Portugal, and Spain, whose common pattern …
Persistent link: https://www.econbiz.de/10014409044
Despite improvements in labor market performance over the past decade, owing in part to past reforms, Italy …'s employment and productivity outcomes continue to lag behind those of its European peers. This paper reviews Italy's institutional …
Persistent link: https://www.econbiz.de/10012677740
Intro -- Contents -- I. INTRODUCTION -- II. ACE TAX SYSTEMS -- III. ACE SYSTEMS IN PRACTICE -- IV. PREVIOUS ANALYSES OF ACE TAX SYSTEMS -- V. THE BRAZILIAN ACE VARIANT -- VI. CONCLUSION -- Appendix I. Effective Tax Rates -- REFERENCES.
Persistent link: https://www.econbiz.de/10012690981
Intro -- Contents -- I. Introduction -- II. Household Data on Wealth and Consumption -- III. Capital Markets in Europe and Household Portfolios -- IV. The Life-Cycle Model of Consumption -- V. The Basic Model -- VI. Empirical Results -- VII. Conclusion -- Appendix: Data and Constructed Variables...
Persistent link: https://www.econbiz.de/10012691071
Intro -- Contents -- I. Introduction -- II. Habit Formation in Household Portfolios -- III. The Model: Multiperiod Multinomial Probit with Autocorrelated Errors and Unobserved Heterogeneity -- IV. Empirical Results -- V. Conclusion -- Appendix: Data and Statistics -- References.
Persistent link: https://www.econbiz.de/10012691187
Italy’s deep-rooted structural problems resulted in an unsatisfactory productivity performance and a dismal growth over the last 15 years. The global financial crisis has exacerbated these long-standing weaknesses, taking a heavy toll on Italy’s economy. With output back to its...
Persistent link: https://www.econbiz.de/10008727814
The inefficiency of the Italian judicial system has contributed to reduced investments, slow growth and a difficult business environment. The enforcement of civil and commercial claims suffers from excessive delays in court proceedings, resulting in a very large number of pending cases. The...
Persistent link: https://www.econbiz.de/10010790243
After earlier success, growth performance in most Caribbean countries has been disappointing since the early 1990s. With slower growth, output has fallen behind that of relevant comparator countries. This paper analyzes the growth experience of the Caribbean countries from a cross country...
Persistent link: https://www.econbiz.de/10009659894
This paper examines whether there is a threshold above which financial development no longer has a positive effect on economic growth. We use different empirical approaches to show that there can indeed be ""too much"" finance. In particular, our results suggest that finance starts having a...
Persistent link: https://www.econbiz.de/10009618521