Similar Search Results

Labor market informality and the business cycle

Lambert, Frederic; Pescatori, Andrea; Toscani, Frederik - 2020

Labor market informality is a pervasive feature of most developing economies. Motivated by the empirical regularity that the labor informality rate falls with GDP per capita, both at business cycle frequency and in a cross-section of countries, and that the Okun's coefficient falls with the...

Persistent link: https://www.econbiz.de/10012392626

A destination-based allowance for corporate equity

Hebous, Shafik; Klemm, Alexander - 2018

Following renewed academic and policy interest in the destination-based principle for taxing profits-particularly through a destination-based cash flow tax (DBCFT)-this paper studies other forms of efficient destination-based taxes. Specifically, it analyzes the Destination-Based Allowance for...

Persistent link: https://www.econbiz.de/10011932507

The Dissolution of the Austro-Hungarian Empire : Lessons for Currency Reform

Spencer, Michael G. - 1992

This paper investigates the currency reforms undertaken subsequent to the dissolution of the Austro-Hungarian Empire in 1918. The reforms were motivated by the lack of coordination of monetary policy and the absence of a rule for sharing seigniorage. Because the Successor States’ reforms were...

Persistent link: https://www.econbiz.de/10014398287

Population Aging and Long-Term Fiscal Sustainability in Austria

Eskesen, Leif Lybecker - 2002

Austria faces significant population aging. This will increase public spending on pensions, health care, and long …-term care, while tax and social security revenues will fall. This paper analyzes the fiscal burden facing Austria due to aging … and the policy steps necessary to address it. The paper finds that Austria is not well prepared to meet the fiscal burden …

Persistent link: https://www.econbiz.de/10014399726

Allowances for Corporate Equity in Practice

Klemm, Alexander - 2006

the recent past, ACE systems have been used in Austria, Croatia, and Italy. Brazil still applies a variant of such a …

Persistent link: https://www.econbiz.de/10014400269

From Generosity to Sustainability : The Austrian Pension System and Options for its Reform

Thimann, Christian - 1997

Austria has probably the world’s highest pension expenditures relative to its economic size, largely because of the …

Persistent link: https://www.econbiz.de/10014400309

Explaining Efficiency Differences Among Large German and Austrian Banks

Hauner, David - 2004

Cost-efficiency, scale efficiency, and productivity change are estimated by data envelopment analysis; and cost-efficiency is regressed on explanatory variables. No evidence is found for average productivity responding to deregulation over the period studied. State-owned banks are found to be...

Persistent link: https://www.econbiz.de/10014401366

Medium-Term Budgetary Frameworks : Lessons for Austria From International Experience

Lundbäck, Erik J. - 2008

The Austrian government is about to introduce a new fiscal management framework. The first step is to introduce a medium-term budgetary framework, including an expenditure rule. The paper focuses on this first step. The purpose is to describe and evaluate the Austrian model in light of other...

Persistent link: https://www.econbiz.de/10014401747

Precautionary savings in the Great Recession

Mody, Ashoka; Ohnsorge, Franziska; Sandri, Damiano - 2012

Persistent link: https://www.econbiz.de/10009572544

Business cycles in emerging markets : the role of durable goods and financial frictions

Alvarez, Fernando; Brandao Marques, Luis; Toledo, Manuel - 2011

Persistent link: https://www.econbiz.de/10009424779

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