Showing 1 - 10 of 565
This paper presents new evidence on the patterns of cyclicality in the fiscal policy stance of developing and industrialized countries over a period of more than three decades covering 180 countries during 1980?2012. First, the paper considers issues of robustness in the choice of the proxy for...
Persistent link: https://www.econbiz.de/10012971636
Ethiopia has experienced a growth acceleration over the past decade on the back of an economic strategy emphasizing public infrastructure investment and supported by heterodox macro-financial policies. To analyze the country?s growth performance during 2000?13, the paper employs a neoclassical...
Persistent link: https://www.econbiz.de/10012971637
This paper complements previous work on the economics of different energy resources by examining the growth potential of alternative electricity supply infrastructures as constrained by innate physical limits. Coal-fired generation meets the criteria of longevity (abundance of energy source) and...
Persistent link: https://www.econbiz.de/10012976199
Fiscal sustainability analysis (FSA) is an important component of macroeconomic analysis. The authors review various … realizations of the exogenous variables. Furthermore, the fiscal sustainability tool incorporates an endogenous debt feedback rule …
Persistent link: https://www.econbiz.de/10012747804
This paper studies the sustainability of early childhood education centers established under a large-scale, donor … student fees. The paper estimates a series of logistic regression models to predict center sustainability. Centers that … major factor for sustainability. There is also no evidence to suggest that, while they were operating, closed centers …
Persistent link: https://www.econbiz.de/10012859071
This paper analyzes the impact of aging on capital accumulation and welfare in a country with a sizable unfunded social security system. Using a two-period overlapping generation model with endogenous retirement decisions, the paper shows that the type of aging and the type of unfunded social...
Persistent link: https://www.econbiz.de/10012970979
This paper examines causes and consequences of corruption within the process of economic development. It starts by reviewing some of the factors that, over the past couple of decades, have transformed corruption from a subject on the sidelines of economic research to a central preoccupation of...
Persistent link: https://www.econbiz.de/10012973777
This paper analyzes Burundi's medium-term fiscal sustainability in the light of the country's vulnerability to various … sustainability. Drawing initially on the standard inter-temporal sustainability framework, the baseline analysis shows that Burundi … policy scenario analysis shows that future fiscal sustainability will hinge on the government's ability to stick to its plans …
Persistent link: https://www.econbiz.de/10012974062
sustainability …
Persistent link: https://www.econbiz.de/10012975527
long-term fiscal sustainability. Following a period of adjustment, if Russia would restrain its long-term non-oil deficits …
Persistent link: https://www.econbiz.de/10012976630