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Economic Growth, Income Distribution, and Poverty in Poland During Transition
Paci, Pierella; Sasin, Martin J.; Verbeek, Jos - 2013
The authors attempt to analyze the linkages between macroeconomic policies and economic growth variables, their movement over time, and their impact on poverty in the case of Poland. Poland, a middle-income country, is of particular interest because its data sources allow for a relatively...
Persistent link: https://www.econbiz.de/10012559898
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Fiscal Decentralization and Fiscal Performance
Shah, Anwar - 2012
decentralization is associated with improved fiscal performance and better functioning of internal common markets. Fiscal policy … discipline. Fiscal decentralization poses significant challenges for macroeconomic management. These challenges require careful …
Persistent link: https://www.econbiz.de/10012554241
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On the Measurement and Impact of Fiscal Decentralization
Ebel, Robert D.; Yilmaz, Serdar - 2013
important to achieve in development objectives is changing as fiscal decentralization reforms are being pursued by many … countries around the world. In this context, a number of studies have attempted to quantify the impact of decentralization by … decentralization is surprisingly difficult to measure. Nearly all cases examining the relationship between decentralization and …
Persistent link: https://www.econbiz.de/10012559570
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Politics and Economics in Weak and Strong States
Acemoglu, Daron - 2021
While much research in political economy points out the benefits of "limited government," political scientists have long emphasized the problems created in many less developed nations by "weak states," which lack the power to tax and regulate the economy and to withstand the political and social...
Persistent link: https://www.econbiz.de/10013231869
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Experimentation in Federal Systems
Callander, Steven - 2013
We present a model where heterogeneous districts choose both whether to experiment and the policies to experiment with. Since districts learn from each other, the first-best requires that policy experiments converge so that innovations are useful also for neighbors. However, the equilibrium...
Persistent link: https://www.econbiz.de/10013073557
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Work and Consumption in an Era of Unbalanced Technological Advance
Friedman, Benjamin M. - 2015
Keynes's “Grandchildren” essay famously predicted both a rapid increase in productivity and a sharp shrinkage of the workweek – to fifteen hours – over the century from 1930. Keynes was right (so far) about output per capita, but wrong about the workweek. The key reason is that he failed...
Persistent link: https://www.econbiz.de/10013011932
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Can't We All Be More Like Scandinavians? Asymmetric Growth and Institutions in an Interdependent World
Acemoglu, Daron - 2012
Because of their more limited inequality and more comprehensive social welfare systems, many perceive average welfare to be higher in Scandinavian societies than in the United States. Why then does the United States not adopt Scandinavian-style institutions? More generally, in an interdependent...
Persistent link: https://www.econbiz.de/10013099537
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Human Capital, Economic Growth, and Inequality in China
Heckman, James J. - 2012
China's rapid growth was fueled by substantial physical capital investments applied to a large stock of medium skilled labor acquired before economic reforms began. As development proceeded, the demand for high skilled labor has grown, and, in the past decade, China has made substantial...
Persistent link: https://www.econbiz.de/10013106083
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How Elastic are Preferences for Redistribution? Evidence from Randomized Survey Experiments
Kuziemko, Ilyana - 2013
We develop online survey experiments to analyze how information about inequality and taxes affects preferences for redistribution. Approximately 4,000 respondents were randomized into treatments providing interactive, customized information on U.S. income inequality, the link between top income...
Persistent link: https://www.econbiz.de/10013085497
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Human Capital Investment, Inequality and Economic Growth
Murphy, Kevin M. - 2016
We treat rising inequality is an equilibrium outcome in which human capital investment fails to keep pace with rising demand for skills. Investment affects skill supply and prices on three margins: the type of human capital in which to invest; how much to acquire; and the intensity of use. The...
Persistent link: https://www.econbiz.de/10013001789