Showing 1 - 10 of 60
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
While there is extensive knowledge about how to design fiscal decentralization policies, considerably less is … understood about how a decentralization program should be sequenced and implemented. Countries embarking on decentralization … often struggle with decisions about the essential components of decentralization, including the order of an introduction of …
Persistent link: https://www.econbiz.de/10012553737
quantitatively how fiscal decentralization affects local and central government debt accumulation and spending. In the model, the … local and central debts are inefficiently high. Consistent with empirical evidence, when fiscal decentralization widens …
Persistent link: https://www.econbiz.de/10013255222
The authors provide an empirical evaluation of the impact of infrastructure development on economic growth and income distribution using a large panel data set encompassing over 100 countries and spanning the years 1960-2000. The empirical strategy involves the estimation of simple equations for...
Persistent link: https://www.econbiz.de/10012559826
This paper provides a review of the contradictions and conflicts in the literature on economic governance and sketches an approach to use some of the conceptual and empirical findings from that literature for development policy. The literature offers conflicting conclusions on big questions:...
Persistent link: https://www.econbiz.de/10012553684
The paper examines the ways in which recent economic growth has been uneven in China and India and what this has meant for inequality and poverty. Drawing on analyses based on existing household survey data and aggregate data from official sources, the authors show that growth has indeed been...
Persistent link: https://www.econbiz.de/10012553889
, the introduction of positive real interest rates, trade liberalization, and initial property rights reform in agriculture …
Persistent link: https://www.econbiz.de/10012559599
This paper analyzes and reconciles macro and micro evidence on savings and factors that affect savings, as well as possible policy implications. At the aggregate level, the main question is how savings are affected by growth and macroeconomic policies and variables (fiscal policy, exchange rate,...
Persistent link: https://www.econbiz.de/10012560135
It is well known that there is a strong positive correlation between per capita incomes and the quality of governance across countries. the authors propose an empirical strategy that allows separation of this correlation into (1) a strong positive causal effect running from better governance to...
Persistent link: https://www.econbiz.de/10012573181
This paper critically reviews the literature on finance and inequality, highlighting substantive gaps in the literature. Finance plays a crucial role in most theories of persistent inequality. Unsurprisingly, therefore, economic theory provides a rich set of predictions concerning both the...
Persistent link: https://www.econbiz.de/10012551893