Showing 1 - 10 of 1,330
differences for tax policies between free and controlled migration, and the role of productivity gap …
Persistent link: https://www.econbiz.de/10013139888
A framework is developed for macroeconomic policy analysis in four countries of Central Europe (CE) in transition to EU membership (Czech Republic, Hungary, Poland, and Slovakia). A Multi-Annual Fiscal Adjustment Strategy (MAFAS) and a Pre-Pegging Exchange Rate Regime (PPERR) appropriate for...
Persistent link: https://www.econbiz.de/10013225816
planner who has partial knowledge of population preferences and the productivity of spending. This is a problem of decision … making under ambiguity. Focusing on income-tax financed public spending for infrastructure that aims to enhance productivity … preferences and the productivity of public spending …
Persistent link: https://www.econbiz.de/10013104080
, over several years, of public highway capital which then temporarily boosts private sector productivity and local demand …
Persistent link: https://www.econbiz.de/10013107013
We examine the productivity of public infrastructure in a general equilibrium context. In our model, infrastructure … monopoly power influences public capital's productivity effect. We test the model using state-level panel data. We confirm the … potentially important indirect channels by which public capital affects manufacturing productivity …
Persistent link: https://www.econbiz.de/10013222910
the recent literature on productivity growth. The size of this impact has important implications for policymakers …' decisions to invest in public capital, and productivity analysts' evaluation of productivity growth fluctuations and declines …' costs and productivity growth. We find that infrastructure investment does provide a significant direct benefit to …
Persistent link: https://www.econbiz.de/10013227211
productivity performance of twelve two-digit U.S. manufacturing industries. A general framework is developed to measure … contribution of demand, relative input prices, technical change, as well as publicly financed capital on total factor productivity … and R&D capital contribute to productivity growth. However, the magnitudes of their contribution vary considerably across …
Persistent link: https://www.econbiz.de/10013236700
We develop a model of firm learning in volatile markets with noisy signals and test its predictions using historical data from the Ifo Institute's Business Climate Survey. We find that firms' forecasts improve as they age. We also exploit German Reunification as a natural experiment where firms...
Persistent link: https://www.econbiz.de/10013079209
restructuring process and that this is associated with the tight financial-market conditions that follow. This productivity cost of …
Persistent link: https://www.econbiz.de/10013311627
The effect of unionization on productivity is examined in this paper using time-series data on selected establishments … light on the question of how unionization affects productivity. The empirical results support the conclusion that … the gain in productivity derives from a series of extensive changes in management personnel and procedure. These …
Persistent link: https://www.econbiz.de/10013313266