Showing 1 - 10 of 909
gaps will be essential for successfully modernizing Italy's public administration …
Persistent link: https://www.econbiz.de/10012177638
This paper compiles the Intertemporal Public Sector Balance Sheets for all G7 countries and examines their relationship with government borrowing costs. In 2018, all G7 countries have negative Intertemporal Net Financial Worth (INFW), falling short of their intertemporal budget constraint. A...
Persistent link: https://www.econbiz.de/10012613501
the wage bill in the South of Italy can be identified as a subsidy, with both the size of public employment and wage …This paper examines the regional distribution of public employment in Italy and documents two sets of facts. The first … is the use of public employment as a subsidy from the North to the less wealthy South. We calculate that about half of …
Persistent link: https://www.econbiz.de/10014400388
development. It introduces human capital into a classic two-sector model of unbalanced growth. It shows that, as an economy …
Persistent link: https://www.econbiz.de/10014395897
Macroeconomic costs of conflict are generally very large, with GDP per capita about 28 percent lower ten years after conflict onset. This is overwhelmingly driven by private consumption, which falls by 25 percent ten years after conflict onset. Conflict is also associated with dramatic declines...
Persistent link: https://www.econbiz.de/10012252077
This paper provides an overview of the Public Sector Balance Sheet (PSBS) Database, a dataset developed in the context of the October 2018 Fiscal Monitor. The dataset provides a comprehensive picture of public wealth for 38 countries, and a narrower picture for further 37 countries and...
Persistent link: https://www.econbiz.de/10012299342
Persistent link: https://www.econbiz.de/10009487131
Persistent link: https://www.econbiz.de/10010389497
Advanced economies have been witnessing a pronounced slowdown of productivity growth since the global financial crisis …. Other contributors to productivity growth in firms are workforce aging, access to finance, and skills mismatches …
Persistent link: https://www.econbiz.de/10012170132
France, Germany, Italy, and the United Kingdom during the period of the Stability and Growth Pact (SGP). Our findings …'s and market experts’ deficit forecasts also increased in France, Italy, and the United Kingdom, particularly during the …
Persistent link: https://www.econbiz.de/10014412192