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The typical identification strategy in aid effectiveness studies assumes donor motives do not influence the impact of aid on growth. We call this homogeneity assumption into question, first constructing a model in which donor motives matter and then testing the assumption empirically.
Persistent link: https://www.econbiz.de/10010269176
We analyze three related but distinct concepts concerning the renminbi's role in the global monetary system: (i) internationalization of the currency; (ii) currency convertibility; and (iii) reserve currency status. Their sequencing in relation to other policy goals such as financial sector...
Persistent link: https://www.econbiz.de/10010282485
This paper examines fungibility as a possible explanation for the missing link between foreign aid and economic growth. The composition of aid plays a crucial role in determining the composition of government spending and, consequently, the magnitude of fungibility and its impact on growth....
Persistent link: https://www.econbiz.de/10010268229
need for nuanced application of reform ideas. …
Persistent link: https://www.econbiz.de/10010282355
Danish reform. We separately identify the effect of aid from that of other observed and unobserved variables such as parental … income. We exploit the combination of a kinked aid scheme and a reform of the student aid scheme to identify the effect of …
Persistent link: https://www.econbiz.de/10010269155
This paper advocates the cautious and constitutional evolution of existing basic income schemes (unemployment benefit II) and Targeted Negative Income Tax (TNIT = Einstiegsgeld) into a means-tested combi-wage model for the future long-term unemployed (gradualism strategy). The paper argues that,...
Persistent link: https://www.econbiz.de/10010267777
of leavers prior to and after welfare reform. We find that after welfare reform leavers are much more likely to be … working. Although in Maryland those working have earnings that are somewhat below employed leavers prior to reform, in … substantially, and leavers are less likely to return to welfare following reform. …
Persistent link: https://www.econbiz.de/10010268408
Using European Community Household Panel data for nine countries for 1996-2001, I investigate the impact of reforms of employment protection systems on employment and on temporary jobs for wage and salary workers. Individual fixed effects models are estimated, with the inclusion of...
Persistent link: https://www.econbiz.de/10010268671
moderation and working time flexibility. While at the outset of this reform sequence German had a small, but relatively …
Persistent link: https://www.econbiz.de/10010268995
This paper investigates long-term returns from unemployment compensation, exploiting variation from the UK JSA reform …
Persistent link: https://www.econbiz.de/10010269165