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-age benefits. Economies that have promised substantially more benefits than they have made provision to finance are heading into a …
Persistent link: https://www.econbiz.de/10013129132
Management Act, 2003 (FRBMA) are presented and commented upon. With the very small number of data points at our disposal, no … government. Finally, the recommendations of the 13th Finance Commission regarding a roadmap for fiscal consolidation are examined …
Persistent link: https://www.econbiz.de/10013144500
We explore the role of government in the nexus of finance and trade starting from the earliest days of organised … finance in England and then broadening the analysis to 84 countries from 1960 to 2004. For 18th century England, we find that …
Persistent link: https://www.econbiz.de/10013137020
that it accounts for both the large share of a small number of firms in sales around the world and for zeros in bilateral …
Persistent link: https://www.econbiz.de/10013066573
How does increasing globalization affect corporate transparency? Freer trade represents different facets and in theory has ambiguous effects on corporate transparency. On the one hand, by exposing firms to more product market competition, it could discourage discretionary disclosure. On the...
Persistent link: https://www.econbiz.de/10013067063
finance literature, we also link their management to governance practices and country-specific characteristics, and contrast … and economically sound public fund management practices in these funds, as well as how to evaluate their governance and …
Persistent link: https://www.econbiz.de/10012771671
Over the last decade the World Management Survey (WMS) has collected firm-level management practices data across … recent work on management practices. Our preliminary results suggest that about a quarter of cross-country and within …-country TFP gaps can be accounted for by management practices. Management seems to matter both qualitatively and quantitatively …
Persistent link: https://www.econbiz.de/10013054045
For the last decade we have been using double-blind survey techniques and randomized sampling to construct management … worse managed than those in several other developed countries. We also find substantial variation in management practices … product market competition and higher worker skills are associated with better management practices. Less regulated labor …
Persistent link: https://www.econbiz.de/10013037184
We develop a consistent and comprehensive theoretical framework for assessing whether economic growth is compatible with sustaining well-being over time. The framework focuses on whether a comprehensive measure of wealth - one that accounts for natural capital and human capital as well as...
Persistent link: https://www.econbiz.de/10013135234
We construct quarterly series of the revenues, expenditures, and debt outstanding for Japan from 1980 to 2010, and analyze the sustainability of the fiscal policy. We pursue three approaches to examine the sustainability. First, we calculate the minimum tax rate that stabilizes the debt to GDP...
Persistent link: https://www.econbiz.de/10013121087