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Greenwood, Jeremy; Guner, Nezih; Vandenbroucke, Guillaume - 2016

fertility and greater parental investment in children; (ii) a rise in married female labor-force participation; (iii) a …

Persistent link: https://www.econbiz.de/10011585848

The baby boomers and the productivity slowdown

Vandenbroucke, Guillaume - 2018

Persistent link: https://www.econbiz.de/10011950753

How to starve the beast: fiscal and monetary policy rules

Martin, Fernando M. - 2019

Societies often rely on simple rules to restrict the size and behavior of governments. When fiscal and monetary policies are conducted by a discretionary and profligate government, I find that revenue ceilings vastly outperform debt, deficit and monetary rules, both in effectiveness at curbing...

Persistent link: https://www.econbiz.de/10012137093

The cyclical behaviour of government spending for social protection : is the OECD methodology robust?

Arsenev, Aleksandr; Heimberger, Philipp; Schütz, Bernhard - 2023

Spending elasticities measure the reaction of different government spending components to the business cycle. They are important inputs for fiscal forecasts, and they are particularly relevant in the context of European Union (EU) fiscal rules, as elasticity estimates enter the estimation of...

Persistent link: https://www.econbiz.de/10014445966

Government debt, agent heterogeneity and wealth displacement in a small open economy

Petrucci, Alberto R. - 2002

The consequences of government debt on capital formation, financial wealth and labor are investigated in a small open economy with demographic heterogeneity. Two alternative types of demographics are considered: one with intragenerational heterogeneity of the ''savers-spenders'' (SS) type, and...

Persistent link: https://www.econbiz.de/10011597848

Fertility transitions in developing countries : convergence, timing, and causes

Papagni, Erasmo - 2019

This paper studies the dynamics of fertility in 180 countries in the period 1950-2015 and investigates the determinants … of the onset of fertility transitions. We find evidence of convergence in three groups of countries, and distinguish the … transitioning countries from those not transitioning. The estimation of the year of onset of the fertility transition is followed by …

Persistent link: https://www.econbiz.de/10012136695

Asset accumulation, fertility choice and nondegenerate dynamics in a small open economy

Petrucci, Alberto R. - 2004

This paper shows that the assumption of elastic fertility choices represents an unconsidered way of introducing … with capital accumulation, and having a fixed discount rate. The transient dynamics are obtained since fertility, which … accumulation. The comparative dynamics are studied for two exogenous shocks: an increase in thrift, which changes fertility and …

Persistent link: https://www.econbiz.de/10011606918

A DSGE model with partial euroization : the case of the Macedonian economy

Copaciu, Mihai; Madjoska, Joana; Mitesk, Mite - 2022

This paper describes the theoretical structure and estimation results for a DSGE model for the Macedonian economy. Having as benchmark the model of Copaciu et al. (2015), modified to allow for a fixed exchange rate, we are able to match relatively well the volatility observed in the data. Given...

Persistent link: https://www.econbiz.de/10012817051

Non-Linear Mixed Logit and the Characterization of Individual Heterogeneity

Andersen, Steffen; Harrison, Glenn W.; Hole, Arne Risa; … - 2009

Experimental data exhibit considerable individual heterogeneity. We review the econometric methods employed to characterize that heterogeneity. We pay particular attention to the trade-off between collecting and allowing for observable characteristics, such as the familiar demographics, and the...

Persistent link: https://www.econbiz.de/10012142360

Human capital potential of India's future workforce

Mehdi, Ali; Chaudhry, Divya - 2015

Indian policymakers - like most of their counterparts across the developing and developed world - have been concerned with the employability of their working-age populations in particular, for obvious economic and sociopolitical reasons. However, such concern has been largely missing as far as...

Persistent link: https://www.econbiz.de/10011332967

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