Showing 1 - 10 of 455
We analyze the impact of fiscal decentralization on U.S. county population, employment, and real income growth. Our findings suggest that government organization matters for local economic growth, but that the impacts vary by government unit and by economic indicator. We find that single-purpose...
Persistent link: https://www.econbiz.de/10013153508
Europe than in the West, except for Ireland, the UK and Austria. Between 2004 and 2009, no cases found when unemployment and … dependent informality rates in a country went up together, suggesting that work without contract is pro-cyclical in Europe … equal. In Southern and Western Europe, immigrants from CEE and FSU feature the highest dependent informality rate, whilst in …
Persistent link: https://www.econbiz.de/10013121760
Using a new survey, we show that the dispersion of marginal products across firms in the European Union is about twice as large as that in the United States. Reducing it to the US level would increase EU GDP by more than 30 percent. Alternatively, removing barriers between industries and...
Persistent link: https://www.econbiz.de/10012923225
to its euro and refugee crises, Europe is suffering from an entrepreneurship crisis. Entrepreneurs are increasingly older …, given that Europe faces rising unemployment, growing numbers of unassimilated migrants, and more pensioners - and all in the … crisis. Demographic changes and institutional shortcomings are thus at the core of the entrepreneurship crisis in Europe …
Persistent link: https://www.econbiz.de/10012996525
We study the health determinants of immigrant men and women over the age of fifty, in Europe, and compare them to …
Persistent link: https://www.econbiz.de/10013030713
-income countries could raise income inequality in Europe and the US, empirical estimates indicated only a modest contribution of trade … the unequal impacts of trade can manifest along different margins. Recent evidence from countries across Europe and the US …
Persistent link: https://www.econbiz.de/10014083996
We introduce a simple oligopolistic trade model with international transportation costs, and analyze the profitability and the social desirability of national vs. international mergers in relation to three different issues, (i) the level of trade freeness, (ii) the possibility of rent...
Persistent link: https://www.econbiz.de/10012779641
The accumulation of the human capital stock plays a key role to explain the macroeconomic performance across regions. However, despite the strong theoretical support for this claim, empirical evidence has been not very convincing, probably because of the low quality of the data. This paper...
Persistent link: https://www.econbiz.de/10012765316
This paper explores the impact of EU membership on foreign direct investment (FDI). It analyses empirically how the effects of such deep integration differ from other forms and investigates what drives these effects. Using a structural gravity framework on annual bilateral FDI data for almost...
Persistent link: https://www.econbiz.de/10012823325
We examine the trajectories of the real unit labour costs (RULCs) in a selection of Eurozone economies. Strong asymmetries in the convergence process of the RULCs and its components – real wages, capital intensity, and technology – are uncovered through decomposition and cluster analyses. In...
Persistent link: https://www.econbiz.de/10013051805