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This paper deals with potential instabilities in the Eurozone stemming from an insufficient interplay between monetary policy and reform effort on the one hand and the emergence of intra-Euro area divergences on the other. As a first step, we assess the effect of EMU on structural reform and...
Persistent link: https://www.econbiz.de/10010269233
This paper examines the contemporaneous relationship between the exchange rate regime and structural economic reforms for a sample of CEEC/CIS transition countries. We investigate empirically whether structural reforms are complements or substitutes for monetary commitment in the attempt to...
Persistent link: https://www.econbiz.de/10010287667
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/10010267978
Why have economic reforms aimed at reducing the role of the state been successful in some cases but not others? Are reform failures the consequence of leviathan states that hinder private economic activity, or of weak states unable to implement policies effectively and provide a supportive...
Persistent link: https://www.econbiz.de/10010269020
health and survival. But equal rates of growth often deliver unequal rates of poverty reduction and absolute deprivation is … in poverty on infant survival. We identify a significant within-state relationship which persists conditional upon state … income, indicating the size of survival gains from redistribution in favour of households below the poverty line. The poverty …
Persistent link: https://www.econbiz.de/10010278815
health and survival. But equal rates of growth often deliver unequal rates of poverty reduction and absolute deprivation is … in poverty on infant survival. We identify a significant within-state relationship which persists conditional upon state … income, indicating the size of survival gains from redistribution in favour of households below the poverty line. The poverty …
Persistent link: https://www.econbiz.de/10008765232
better average living standards than otherwise similar districts: larger household consumption, lower poverty rate, and …
Persistent link: https://www.econbiz.de/10010293203
A cross country comparison of generational earnings mobility is offered, and the reasons for the degree to which the long run labour market success of children is related to that of their parents is examined. The rich countries differ significantly in the extent to which parental economic status...
Persistent link: https://www.econbiz.de/10010332989
role. We also find four types of poverty traps, associated with large initial household size, poor initial education, poor …
Persistent link: https://www.econbiz.de/10010261797
The paper considers child poverty in rich English-speaking countries – the US, Canada, Australia, New Zealand, the UK …, and Ireland. Do all these countries really stand out from other OECD countries for their levels of child poverty, as is … sometimes assumed? And what policies have they adopted to address the problem? ?Poverty? is interpreted broadly and hence the …
Persistent link: https://www.econbiz.de/10010261869