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growth potential and distort economic behaviour. In this respect, the poor performance of the Finnish labour market is …
Persistent link: https://www.econbiz.de/10012443103
The 2005 reform of the EU Stability and Growth Pact has provided leeway for governments to let their fiscal deficit …
Persistent link: https://www.econbiz.de/10012443961
This paper discusses product market regulatory reforms in Italy over the past decade. Special attention is given to the underlying macroeconomic context for sectoral reforms and the role played by such reforms in consolidating the gains of macroeconomic convergence for entry into the European...
Persistent link: https://www.econbiz.de/10012444133
This paper uses the WITCH model, a computable general equilibrium model with endogenous technological change, to explore the impact of various climate policies on energy technology choices and the costs of stabilising greenhouse gas concentrations. Current and future expected carbon prices...
Persistent link: https://www.econbiz.de/10012444232
An early criticism of the Stability and Growth Pact has pointed to its asymmetric nature and the weak mechanisms to …
Persistent link: https://www.econbiz.de/10012444588
Economic growth is the basis of increased prosperity. This makes the attainment of growth a key objective for … governments across the world. The rate of growth can be affected by policy choices through the effect that taxation has upon … on growth. The aim is to identify how economic policy can affect the choices that have been identified as influences upon …
Persistent link: https://www.econbiz.de/10012446329
Economic growth is the basis of increased prosperity. This makes the attainment of growth a key objective for … governments across the world. The rate of growth can be affected by policy choices through the effect that taxation has upon … economic modelling of growth and reviews the theoretical evidence on the extent of the link between taxation and growth. …
Persistent link: https://www.econbiz.de/10012446707
Tax receipts surged between 2005 and 2007 in many OECD countries, resulting in significant improvements in headline fiscal positions. As a consequence, pressures for tax cuts and for public spending increases have emerged. In the past, responding to such demands has permanently weakened budget...
Persistent link: https://www.econbiz.de/10012446934
scope to balance current consolidation efforts in favour of more equity with only limited adverse impact on potential growth … growth: increases in the effective retirement age, raising efficiency in the education and health care systems, cutting … adverse effects on long-run growth. Cuts in government wages and employment can yield fast consolidation gains but need to be …
Persistent link: https://www.econbiz.de/10011276882
With slow growth and high inequality Mexico needs investments in infrastructure, education and social policies. Mexico … previous years. Mexico has the lowest tax revenues as a share of GDP in the OECD and much of Latin America, even when oil … pour une économie mexicaine plus forte, plus juste et plus saine<BR>With slow growth and high inequality Mexico needs …
Persistent link: https://www.econbiz.de/10009365858