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Economic Growth and Political Integration : Estimating the Benefits from Membership in the European Union Using the Synthetic Counterfactuals Method

Campos, Nauro - 2014

counterfactuals method, we estimate how GDP per capita and labour productivity would have behaved for the countries that joined the …

Persistent link: https://www.econbiz.de/10013054567

Does Openness to International Financial Flows Contribute to Productivity Growth?

Kose, M. Ayhan; Prasad, Eswar S.; Terrones, Marco E. - 2021

productivity growth. However, while there is a vast empirical literature analyzing the impact of financial openness on output … growth, far less attention has been paid to its effects on productivity growth. This paper provides a comprehensive analysis … of the relationship between financial openness and total factor productivity (TFP) growth using an extensive dataset that …

Persistent link: https://www.econbiz.de/10013325040

Migration Policy, African Population Growth and Global Inequality

Mountford, Andrew - 2014

According to recent UN projections more than 50 percent of the growth in world population over the next half century will be due to population growth in Africa. Given this, any policy that influences African demography will have a significant impact on the world distribution of income. In this...

Persistent link: https://www.econbiz.de/10013050612

Economic Growth with Political Lobbying and Wage Bargaining

Palokangas, Tapio K. - 2009

follows a Poisson process where firms improve their productivity through investment in Ramp;D. The less there are firms in the …

Persistent link: https://www.econbiz.de/10012764080

Unemployment and Productivity Growth : An Empirical Analysis within the Augmented Solow Model

Pannenberg, Markus; Bräuninger, Michael - 2021

unemployment on productivity growth heavily depends on the influence of human capital in the production function. In the … traditional Solow model, unemployment has neither an influence on long-run productivity growth nor on the long-run level of … productivity. However, if human capital matters, unemployment has a long-run effect on the level of productivity. Moreover, if we …

Persistent link: https://www.econbiz.de/10013321303

Structural Reform in Germany

Krebs, Tom - 2016

This paper provides a quantitative evaluation of the macroeconomic, distributional, and fiscal effects of three reform proposals for Germany: i) a reduction in the social security tax in the low-wage sector, ii) a publicly financed expansion of full-day child care and full-day schooling, and...

Persistent link: https://www.econbiz.de/10012996554

Quantifying Optimal Growth Policy

Grossmann, Volker - 2010

The optimal mix of growth policies is derived within a comprehensive endogenous growth model. The analysis captures important elements of the tax-transfer system and takes into account transitional dynamics. Currently, for calculating corporate taxable income US firms are allowed to deduct...

Persistent link: https://www.econbiz.de/10013141717

Crises, What Crises?

Campos, Nauro; Hsiao, Cheng; Nugent, Jeffrey B. - 2021

Recent research convincingly shows that crises beget reform. Although the consensus is that economic crises foster macroeconomic stabilization, it is silent on which types of crises cause which types of reform. Is it economic or political crises that are the most important drivers of structural...

Persistent link: https://www.econbiz.de/10013317524

Happiness, Growth, and Public Policy

Easterlin, Richard A. - 2013

If society's goal is to increase people's feelings of well-being, economic growth in itself will not do the job. Full employment and a generous and comprehensive social safety net do increase happiness. Such policies are arguably affordable not only in higher income nations but also in countries...

Persistent link: https://www.econbiz.de/10013085480

Australia : The Miracle Economy

Junankar, P. N. Raja - 2013

Most of the countries of the OECD are still suffering from the Global Financial Crisis (GFC) (or as the Americans call it the Great Recession), but the Australian economy appears to be powering ahead. It is a miracle economy! Unlike most of the OECD countries, Australia did not even have a...

Persistent link: https://www.econbiz.de/10013077340