Showing 1 - 10 of 116
resource measure, using alternative measures of both resources and institutions, and by studying different time periods. While … institutions are good enough. …
Persistent link: https://www.econbiz.de/10010321368
This paper analyzes the effectiveness of delegation in solving the time inconsistency problem of monetary policy using a microfounded general equilibrium model where delegation and reappointment are explicitly included into the government's strategy. The method of Chari and Kehoe (1990) is...
Persistent link: https://www.econbiz.de/10010321435
The ongoing financial crisis is shaking central bankers' certainties about their mission, and a rethinking of such mission can greatly benefit from a non-finalistic reassessment of how central banking has evolved over the centuries. This paper does so by taking a functional, instead of an...
Persistent link: https://www.econbiz.de/10012143780
independent institution in the machinery of state economic management that followed the return to peace. …
Persistent link: https://www.econbiz.de/10012143785
efficacy of its interest rate policy was poor. Failing to reform for political economy reasons, the Bank eventually had to …
Persistent link: https://www.econbiz.de/10012143888
Welfare states contribute to people's well-being in many different ways. Bringing all these contributions under a common metric is tricky. Here we propose doing so through the notion of temporal autonomy: the freedom to spend one's time as one pleases, outside the necessities of everyday life....
Persistent link: https://www.econbiz.de/10010266553
Should the state treat men and women in identical ways, or should it legislate and enforce policies that are aware of … gender differences? In other words, should the state be gender-blind or gender-sensitive? Gender, ethnic, religious, sexual … orientation, ideological, economic, political, and cultural dimensions represent diversity among citizens. This paper argues that …
Persistent link: https://www.econbiz.de/10010266624
by the lassitude of the state and the administration's conception of social policy that leaves the most vulnerable …
Persistent link: https://www.econbiz.de/10012610178
state property into a capitalist system, the neoliberal transition strategy and the state directed transition strategy … analyzed as an example of the state directed approach. The primary explanation for China's economically superior transition … performance is located in the advantages of the state directed transition strategy. However, contradictions in a state directed …
Persistent link: https://www.econbiz.de/10010457002
becomeinvolved in the IT value chain. To this end, the Indian state created the enabling conditions for Indian IT firms to engage … facilities. Further, the state has increasingly withdrawn from the regulation of the sector.Nonetheless, employees across the IT …
Persistent link: https://www.econbiz.de/10012169099