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Composition of Government Expenditures and Demand for Education in Developing Countries

Matovu, John - 2002

costs for different levels of schooling, we show that reducing household costs of primary education has the largest positive … impact on growth and poverty reduction in the short run. Moreover, an increase in higher education spending increases long …-run growth. These effects can be substantial even when increasing education spending comes at the expense of public …

Persistent link: https://www.econbiz.de/10014400202

Composition of Government Expenditure, Human Capital Accumulation, and Welfare

Matovu, John - 2000

This paper uses a dynamic general equilibrium model calibrated to Ugandan data to examine the welfare effects of alternative scenarios of government expenditure and tax financing. Two expenditure types are considered: social spending that affects human capital, and infrastructure expenditures...

Persistent link: https://www.econbiz.de/10014399948

Intergenerational social mobility in Africa since 1920

Ouedraogo, Rasmane; Syrichas, Nicolas - 2021

The COVID-19 crisis has a severe impact on education and employment and exposed the many social inequities that make … on education, social protection coverage, natural resource endowments, and countries' fragility are strong predictors of …

Persistent link: https://www.econbiz.de/10012605120

Epidemics, gender, and human capital in developing countries

Fabrizio, Stefania; Gomes, Diego Braz Pereira; … - 2021

.6 and 2.1 percentage points in primary and lower secondary education respectively, with girls more severely affected than …

Persistent link: https://www.econbiz.de/10012796214

Excess Wages Tax

Erbas, S. Nuri - 1995

Excess wages tax (EWT) is a tax-based incomes policy instrument introduced in many centrally-planned economies and still used in some FSU and Eastern European countries in transition. The main macroeconomic goal of EWT is to curb inflationary pressures by penalizing through taxation the...

Persistent link: https://www.econbiz.de/10014397835

Taxation and Unemployment

Zee, Howell H. - 1996

This paper reviews conceptual linkages between taxation and unemployment, available empirical evidence and country policies that may have a bearing on these linkages in the OECD and in a sample of developing and transitional economies, Fund policy advice on these issues, and tax policy options...

Persistent link: https://www.econbiz.de/10014396074

A tradeoff between the output and current account effects of pension reform

Catalán, Mario; Magud, Nicolas - 2012

We compare the long-term output and current account effects of pension reforms that increase the retirement age with those of reforms that cut pension benefits, conditional on reforms achieving similar fiscal targets. We show the presence of a policy trade-off. Pension reforms that increase the...

Persistent link: https://www.econbiz.de/10012671560

A framework for assessing the costs of pension reform reversals

Baksa, Daniel; Munkacsi, Zsuzsa; Nerlich, Carolin - 2020

Several European countries are currently considering reversing parts of their pension reforms that were adopted previously to improve sustainability. In this paper we present a framework that allows us to quantify the macroeconomic and fiscal costs of such reversals. We thereby integrate the...

Persistent link: https://www.econbiz.de/10012299350

A requiem for the fiscal theory of the price level

Farmer, Roger E. A.; Zabczyk, Pawel - 2019

The Fiscal Theory of the Price Level (FTPL) is the claim that, in a popular class of theoretical models, the price level is sometimes determined by fiscal policy rather than monetary policy. The models where this claim has been established assume that all decisions are made by an...

Persistent link: https://www.econbiz.de/10012112131

Aging, secular stagnation and the business cycle

Jones, Callum - 2018

As of 2015, U.S. log output per capita was 12 percent below what its pre-2008 linear trend would predict. To understand why, I develop and estimate a model of the US with demographics, real and monetary shocks, and the occasionally binding ZLB on nominal rates. Demographic changes generate...

Persistent link: https://www.econbiz.de/10011848197

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