Showing 1 - 10 of 1,596
This paper studies the effect of public sector efficiency on firm productivity using data from more than 400,000 firms … significantly reduces the labor productivity of private sector firms. The results suggest that raising public sector efficiency … across Italy's provinces. Exploiting the large heterogeneity in the efficiency of the public sector across Italian provinces …
Persistent link: https://www.econbiz.de/10011447149
This paper deals with efficiency in the public sector. It argues that the habit of relating efficiency to public … could be used for several purposes including increasing public sector efficiency …
Persistent link: https://www.econbiz.de/10014400238
private sector output Y. The government is fully informed about worker productivity. By examining the welfare properties of … or may not improve economic efficiency …
Persistent link: https://www.econbiz.de/10014400822
economic growth and efficiency, using panel data for 40 countries which reformed their financial systems. Financial sector … reform is hypothesized to affect economic growth and efficiency through three main channels: the real interest rate … representing the interest cost of capital, the volume of intermediation, and financial sector efficiency. The results indicate that …
Persistent link: https://www.econbiz.de/10014395836
Properly designed wholesale payments system can make a significant contribution to enhancing market discipline in the financial sector, reducing the risk of systemic disturbance and permitting a less extensive safety net for financial institutions. The objective of these reforms has been to...
Persistent link: https://www.econbiz.de/10014403300
Lucas (2004) asserts that ""Of the tendencies that are harmful to sound economics, the most seductive, and in my opinion the most poisonous, is to focus on questions of distribution. The potential for improving the lives of poor people by finding different ways of distributing current production...
Persistent link: https://www.econbiz.de/10014400357
This paper provides an overview of statistical measurement issues relating to alternative measures of core inflation …, and the criteria for choosing among them. The approaches to measurement considered include exclusion-based methods …
Persistent link: https://www.econbiz.de/10014400370
measures inspired by the economic theory of index numbers. The indices provide a theoretical benchmark for estimated real …
Persistent link: https://www.econbiz.de/10014400395
measurement of reinvested earnings and illustrative examples as to recording, from the Fund’s Balance of Payments Compilation …
Persistent link: https://www.econbiz.de/10014396056
Measuring and managing exchange rate risk exposure is important for reducing a firm''s vulnerabilities from major exchange rate movements, which could adversely affect profit margins and the value of assets. This paper reviews the traditional types of exchange rate risk faced by firms, namely...
Persistent link: https://www.econbiz.de/10014400190