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An Incentive Approach to Identifying Financial System Vulnerabilities

Chai, Jingqing - 2000

This paper underscores the importance of the assessment of incentives of the main agents in a financial system as a key … diagnostic approach for the assessment of incentives. This approach highlights the need for additional research on the …

Persistent link: https://www.econbiz.de/10014400245

Do Tax Rates Encourage Entrepreneurial Activity?

Gordon, Roger H. - 1997

When the top personal tax rates are above the corporate rate, high-income individuals have an incentive to reclassify their earnings as corporate rather than personal income for tax purposes. U.S. tax law at least imposes strict limits on the extent to which employees in publicly traded...

Persistent link: https://www.econbiz.de/10014400644

Externalities. Incentives, and Economic Reforms

International Monetary Fund - 1990

The paper emphasizes the role of institutions and incentives in the presence of externalities. An economy with multiple … effective institutions exist for overcoming coordination failure. External financing may weaken incentives for adjustment over … that strengthen incentives to provide effort. Uncertainty regarding future taxes reduces present effort and the …

Persistent link: https://www.econbiz.de/10014396155

Debt Relief and Adjustment Incentives : A Theoretical Exploration

International Monetary Fund - 1988

The purpose of this paper is to analyze the argument that debt relief would increase the incentive of a debtor country to make an adjustment effort (to invest) and that for this reason creditors may benefit by granting relief. It is shown that there are actually opposing incentive effects of...

Persistent link: https://www.econbiz.de/10014396170

Reforming the Greek pension system

Kangur, Alvar; Kalavrezou, Niki; Kim, Daehaeng - 2021

faced setbacks and fell short of creating stronger incentives to build long contribution histories, to deliver sustainable …

Persistent link: https://www.econbiz.de/10012605604

Structural unemployment in Luxembourg : bad luck or rational choice?

Gbohoui, William - 2019

This paper combines both micro and macro approaches to identify the drivers of (un)employment and inactivity in Luxembourg. The young, low-skilled, and non-EU migrants are found to be the most vulnerable groups in the labor market. In addition to skills mismatches, work disincentives embedded in...

Persistent link: https://www.econbiz.de/10012154712

Overcoming Barriers to Reform:on Incentive-Compatible International Assistance

Mayer, Wolfgang - 2007

International financial assistance (loans and grants) can potentially raise recipients'' welfare in two ways, by affecting a direct resource transfer and by facilitating efficiency-enhancing reforms. In practice, barriers to reform limit the potential of assistance to deliver these two...