Showing 1 - 10 of 126
This paper uses a modi.ed Harrodian model to understand both the long period of rapid Japanese growth and the recent period of stagnation. The model has multiple steady-growth solutions when the labour supply is highly elastic, and government intervention, we argue, took the Japanese economy...
Persistent link: https://www.econbiz.de/10010287845
In recent years, a large number of studies have investigated the relationship between social security benefits and male retirement decisions in developed countries. However, women's and couples' labour supply decisions and the patterns of withdrawal from the labour force in emerging economies...
Persistent link: https://www.econbiz.de/10010293260
the case of Brazil. The IT monetary policy regime has been adopted by a significant number of countries. While the focus … of this paper is on Brazil, which began inflation targeting in 1999, we also examine the experience of other countries … compare the experience of Brazil with that of non-IT countries, and ask the question of whether adopting IT makes a difference …
Persistent link: https://www.econbiz.de/10010276235
matching comparison methodology developed by Ñopo (2008). In Brazil, racial wage gaps are more pronounced than those found …
Persistent link: https://www.econbiz.de/10010278245
This paper studies the link between television and divorce in Brazil by exploiting variation in the timing of …
Persistent link: https://www.econbiz.de/10010278275
This paper argues that the pass-through in Brazil has fallen compared with estimates in other studies on earlier time …
Persistent link: https://www.econbiz.de/10010288059
In this paper I investigate to what extent firm-specific uncertainty affects the gain from indexation. Earlier studies … the gain from indexation considerably (from 0 to 1.5 percent of the wage). It is not evident that the gain from indexation …
Persistent link: https://www.econbiz.de/10010321744
the surveyed EU countries as a result of the considerably low automatic indexation of wages and large share of firms that …
Persistent link: https://www.econbiz.de/10011785357
. There is no evidence of either forward or backward indexation. I illustrate that trend inflation affects the estimation of …
Persistent link: https://www.econbiz.de/10012143837
We extend "economic equivalence" results, like the Ricardian equivalence proposition, to the political sphere where policy is chosen sequentially. We derive conditions under which a policy regime (summarizing admissible policy choices in every period) and a state are "politico-economically...
Persistent link: https://www.econbiz.de/10011430095