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Women in top incomes: Evidence from Sweden 1974-2013
Boschini, Anne; Gunnarsson, Kristin; Roine, Jesper - 2018
Using a large, register-based panel data set we study gender differences in top incomes in Sweden over the period 1974-2013. We find that, while women are still a minority of the top decile group, and make up a smaller share the higher up in the distribution we move, their presence has steadily...
Persistent link: https://www.econbiz.de/10012013510
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Foreign aid, fertility and populations growth: Evidence from Africa
Azarnert, Leonid V. - 2009
considers population growth rate and a directly related to fertility demographic indicator - total fertility rate. Using a panel … fertility. These findings suggest that the appreciation of the demographic effect of foreign aid can have important implications …
Persistent link: https://www.econbiz.de/10010335970
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The role of MPC heterogeneity for fiscal and monetary policy in the Euro Area
Albacete, Nicolas; Fessler, Pirmin; Pekanov, Atanas - 2024
Closely following the seminal contribution of Jappelli and Pistaferri (2014) - based on Italian household survey data - we employ data of 22 European countries to assess the role of heterogeneity of the marginal propensity to consume (MPC) for fiscal policy in the Euro area. We document an...
Persistent link: https://www.econbiz.de/10014494981
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All is quiet on the fiscal front: Fiscal policy for the global economic crisis
Pérez Caldentey, Esteban; Vernengo, Matías - 2010
The current economic global crisis has thrown fiscal policy onto the center stage. However, the current crisis episode has not produced any change regarding the standing role and function of fiscal policy in developed and developing market economies that has dominated the economics profession...
Persistent link: https://www.econbiz.de/10010288093
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A cross-country database of fiscal space
Kose, M. Ayhan; Kurlat, Sergio; Ohnsorge, Franziska; … - 2017
This paper presents a comprehensive cross-country database of fiscal space, broadly defined as the availability of budgetary resources for a government to service its financial obligations. The database covers up to 200 countries over the period 1990-2016, and includes 28 indicators of fiscal...
Persistent link: https://www.econbiz.de/10012060231
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Seven replies to the critiques of Modern Money Theory
Tymoigne, Éric - 2021
Modern Money Theory (MMT) has generated considerable scrutiny and discussions over the past decade. While it has gained some acceptance in the financial sector and among some politicians, it has come under strong criticisms from all sides of the academic spectrum and from conservative political...
Persistent link: https://www.econbiz.de/10012818360
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Economic policy in India: For economic stimulus, or for austerity and volatility?
Sen, Sunanda; DasGupta, Zico - 2014
The implementation of economic reforms under new economic policies in India was associated with a paradigmatic shift in monetary and fiscal policy. While monetary policies were solely aimed at "price stability" in the neoliberal regime, fiscal policies were characterized by the objective of...
Persistent link: https://www.econbiz.de/10010513081
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Endogenous business cycles and economic policy
Skott, Peter - 2023
This paper examines the dynamics of Keynesian models that incorporate feedback effects from the labor market to income distribution, investment, aggregate demand and output. A baseline version of the model can generate endogenous growth cycles, but cumulative divergence and economic collapse...
Persistent link: https://www.econbiz.de/10014480442
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Reorienting fiscal policy: A critical assessment of fiscal fine-tuning
Tcherneva, Pavlina R. - 2013
The present paper offers a fundamental critique of fiscal policy as it is understood in theory and exercised in practice. Two specific demand-side stabilization methods are examined here: conventional pump priming and the new designation of fiscal policy effectiveness found in the New Consensus...
Persistent link: https://www.econbiz.de/10010513074
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Paid basic income, fertility rates and economic growth
Brezis, Elise S. - 2014
The purpose of this paper is to examine the effects of paid basic income on fertility rates in a model in which … fertility rates are endogenous. I show that when child labor is not a crucial part of the income of the family, then paid basic … income will lead to higher fertility rates. However, when child labor is a necessity, then in fact an increase in paid basic …
Persistent link: https://www.econbiz.de/10011452602