Showing 1 - 10 of 209
This paper revisits the relationship between fiscal decentralization and economic growth by addressing the endogeneity … argue are strong and consistent instruments for fiscal decentralization. Empirically, we find that indeed both instruments … expenditure or revenue shares - the conventional measures of decentralization - will increase GDP per capita growth by …
Persistent link: https://www.econbiz.de/10012107011
Limited borrower information may create targeting distortions in credit markets. Community-based lending programs may reduce these distortions by exploiting information transmitted in local networks, but connections may create asymmetries in power. This paper analyzes how local leaders balance...
Persistent link: https://www.econbiz.de/10012154414
emphasis is on the role of international organizations in supporting social policy development in Indonesia. These agencies … actors have engaged in social policy issues in Indonesia? What were their perspectives, ideas, preferences or requests? And … organizations represented in Indonesia, their collaborative activities and their "ideas" of Indonesian social policy development. …
Persistent link: https://www.econbiz.de/10011857192
This paper uses microdata from Brazilian natality and mortality vital statistics between 2000 and 2010 to estimate the impact of in-utero exposure to local violence - measured by homicide rates - on birth outcomes. The estimates show that exposure to violence during the first trimester of...
Persistent link: https://www.econbiz.de/10011286512
How strong is the transmission of socio-economic status across generations in Latin America? To answer this question, we first review the empirical literature on intergenerational mobility and inequality of opportunity for the region, summarizing results for both income and educational outcomes....
Persistent link: https://www.econbiz.de/10014550803
Federal action addressing climate change is likely to emerge either through new legislation or via the U.S. EPA’s authority under the Clean Air Act. The prospect of federal action raises important questions regarding the interconnections between federal efforts and state-level climate policy...
Persistent link: https://www.econbiz.de/10008735732
This paper discusses proposals for common euro area sovereign securities. Such instruments can potentially serve two functions: in the short-term, stabilize financialmarkets and banks and, in the medium-term, help improve the euro area economic governance framework through enhanced fiscal...
Persistent link: https://www.econbiz.de/10009564385
Persistent link: https://www.econbiz.de/10011294484
Gino Gancia, Giacomo Ponzetto and Jaume Ventura have written an extremely interesting paper on a topic that is very timely for the global economy. In this article, I will first argue that GPV have succeeded in formalizing their hypothesis, and that while providing very suggestive analytical...
Persistent link: https://www.econbiz.de/10012138999
In this work we simulate the effects of tax autonomy of the Austrian states on the levels of public employment in each state. We show that depending on the strength of the public sector lobby, tax autonomy would require reduction of employment in the public sector between 25% and 35% of the...
Persistent link: https://www.econbiz.de/10011718756