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Productivity growth and structural reform in Bulgaria : restarting the convergence engine
Mitra, Pritha; Pouvelle, Cyril - 2012
Persistent link: https://www.econbiz.de/10009615565
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The lack of convergence of Latin-America compared with CESEE : is low investment to blame?
Bakker, Bas B.; Ghazanchyan, Manuk; Ho, Alex; Nanda, Vibha - 2020
In the last few decades there has been little convergence of income levels in Latin America with those in the United States, in sharp contrast with both emerging Asia and emerging Europe. This paper argues that lack of convergence was not the result of low investment. Latin America is poorer...
Persistent link: https://www.econbiz.de/10012252005
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Deepening the EU's single market for services
Ebeke, Christian; Frie, Jan-Martin; Rabier, Louise - 2019
The services sector is increasingly important for the euro area economy, but productivity growth in the sector has …
Persistent link: https://www.econbiz.de/10012154992
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European Productivity, Innovation and Competitiveness : The Case of Italy
Tiffin, Andrew - 2014
sectors are weighed down by the structural barriers that have depressed productivity more broadly. Italy’s future …
Persistent link: https://www.econbiz.de/10014411220
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Why is Productivity Growth in the Euro Area so Sluggish?
Estevão, Marcello M. - 2004
Slow productivity growth has plagued the euro area since the mid-1990s. That is particularly striking in view of the … large productivity gains in the United States during the same period. This paper shows that the deceleration in labor … productivity in the euro area was caused by structural changes in wage formation that have affected the relative price of labor …
Persistent link: https://www.econbiz.de/10014404033
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The impact of workforce aging on European productivity
Aiyar, Shekhar; Ebeke, Christian; Shao, Xiaobo - 2016
expected to accelerate in the years ahead.. This paper studies the effect of the aging of the workforce on labor productivity … aging reduces growth in labor productivity, mainly through its negative effect on TFP growth. Projected workforce aging …
Persistent link: https://www.econbiz.de/10011716298
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Generational aspects of inclusive growth
Baduel, Bénédicte; Isakova, Asel; Ter-Martirosyan, Anna - 2021
Sharing economic benefits equitably across all segments of society includes addressing the specific challenges of different generations. At present, youth and elderly are particularly vulnerable to poverty relative to adults in their middle years. Broad-based policies should aim to foster youth...
Persistent link: https://www.econbiz.de/10012518902
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Counting the oil money and the elderly : Norway's public sector balance sheet
Cabezon, Ezequiel; Henn, Christian - 2018
Based on a permanent income analysis, Gagnon (2018) has prominently suggested that Norway has saved too much, thereby free-riding on the rest of the world for demand. Our public sector balance sheet analysis comes to the opposite conclusion, chiefly because it also accounts for future aging...
Persistent link: https://www.econbiz.de/10011905922
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On financing retirement, health, and long-term care in Japan
McGrattan, Ellen R.; Miyachi, Kazuaki; Peralta-Alva, Adrian - 2018
Japan faces the problem of how to finance retirement, health, and long-term care expenditures as the population ages. This paper analyzes the impact of policy options intended to address this problem by employing a dynamic general equilibrium overlapping generations model, specifically...
Persistent link: https://www.econbiz.de/10011978385
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Regulation of withdrawals in Individual Account Systems
Walliser, Jan - 1999
Funded mandatory pension systems based on individual accounts are spreading around the world. With the maturation of these systems, regulating the withdrawal of retirement savings will become increasingly important. Government regulation of withdrawals should mandate the purchase of...
Persistent link: https://www.econbiz.de/10014400870