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Persistent link: https://www.econbiz.de/10009659423
, contribute to economic transformation, and reduce poverty. This entails both the creation of high-quality jobs and productivity … to productivity, formal employment, and formal wage growth in Zambia. Leveraging firm and worker administrative tax data … from Zambia, the paper decomposes labor productivity and wage growth among formal firms and workers in Zambia into within …
Persistent link: https://www.econbiz.de/10014553783
Persistent link: https://www.econbiz.de/10000897634
Persistent link: https://www.econbiz.de/10001471733
This paper studies the effects of global and domestic inflation shocks on core price inflation in 105 countries between … empirical results indicate that most of the variation in inflation among low-income countries over the past decades is accounted … for by external shocks. More than half of the variation in core inflation rates among low-income countries is due to …
Persistent link: https://www.econbiz.de/10012059222
Colombia has reduced extreme poverty in the past 16 years by almost half, moderate poverty by 22 percentage points, and made more than four million Colombians jump the threshold of multidimensional poverty. However, it remains one of the most unequal countries in the region, after Brazil and...
Persistent link: https://www.econbiz.de/10012230740
Fiscal policy is central to not only macroeconomic stability and growth, but also to poverty and inequality reduction. This paper provides the most comprehensive assessment of the distributional incidence of Turkey's fiscal policy to date. It analyzes the combined and individual incidence of...
Persistent link: https://www.econbiz.de/10012257124
The expansionary fiscal contraction (EFC) hypothesis states that fiscal austerity can increase output or consumption when a country is under heavy debt burdens because it sends positive signal about the country's solvency situation and long-term economic wellbeing. Empirical tests of this...
Persistent link: https://www.econbiz.de/10012297616
This study assesses the redistributive effects of fiscal policy in Mali and Niger. Fiscal policy is poverty increasing in Mali (by 2.4 percentage points) and Niger (2.5 percentage points). This is a result of primarily two factors: indirect taxes (value-added taxes and import duties) and direct...
Persistent link: https://www.econbiz.de/10012051946
This paper analyzes whether fiscal policy in South Asia amplifies or smooths business cycle fluctuations. The paper estimates several econometric models to explore the cyclicality of government spending and tax buoyancy. The findings show that fiscal policy is procyclical in most countries. In...
Persistent link: https://www.econbiz.de/10012008294