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The Quantification of Structural Reforms : Extending the Framework to Emerging Market Economies
Égert, Balázs - 2018
outcomes. Lower barriers to foreign trade and investment help MFP. Lower barriers to entry and less pervasive state control of …
Persistent link: https://www.econbiz.de/10012920765
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The Quantification of Structural Reforms : Taking Stock of the Results for OECD and Non-OECD Countries
Égert, Balázs - 2021
This paper summarises earlier OECD work aimed at quantifying the impact of structural reforms on economic outcomes. It overviews i.) insights obtained for the linear relationships linking policies and economic outcomes (including multi-factor productivity, capital deepening and employment) for...
Persistent link: https://www.econbiz.de/10013314764
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Infrastructure and Growth : Empirical Evidence
Égert, Balázs - 2009
Investment in network infrastructure can boost long-term economic growth in OECD countries. Moreover, infrastructure … investment can have a positive effect on growth that goes beyond the effect of the capital stock because of economies of scale … from a variety of econometric approaches. Time-series results reveal a positive impact of infrastructure investment on …
Persistent link: https://www.econbiz.de/10012446377
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The quantification of structural reforms in OECD countries : a new framework
Égert, Balázs; Gál, Peter - 2017
This document describes and discusses a new supply side framework that quantifies the impact of structural reforms on per capita income in OECD countries. It presents the overall macroeconomic impacts of reforms by aggregating over the effects on physical capital, employment and productivity...
Persistent link: https://www.econbiz.de/10011700060
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The quantification of structural reforms : extending the framework to emerging market economies
Égert, Balázs - 2017
outcomes. Lower barriers to foreign trade and investment help MFP. Lower barriers to entry and less pervasive state control of …
Persistent link: https://www.econbiz.de/10011823646
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Fiscal policy reaction to the cycle in the OECD: Pro- or counter-cyclical?
Égert, Balázs - 2012
This paper analyses the reaction of fiscal policy to the cycle in OECD countries. The results suggest that while overall government balances were counter-cyclical in the past and more so in economic downturns than in upswings, discretionary fiscal policy was neutral on average. However,...
Persistent link: https://www.econbiz.de/10010281787
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Fiscal policy reaction to the cycle in the OECD : pro- or counter-cyclical?
Égert, Balázs - 2012
This paper analyses the reaction of fiscal policy to the cycle in OECD countries. The results suggest that while overall government balances were counter-cyclical in the past and more so in economic downturns than in upswings, discretionary fiscal policy was neutral on average. However,...
Persistent link: https://www.econbiz.de/10009518240
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Fiscal Policy Reaction to the Cycle in the OECD : Pro- or Counter-Cyclical?
Égert, Balázs - 2012
This paper analyses the reaction of fiscal policy to the cycle in OECD countries. The results suggest that while overall government balances were counter-cyclical in the past and more so in economic downturns than in upswings, discretionary fiscal policy was neutral on average. However,...
Persistent link: https://www.econbiz.de/10013108041
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Catching-up and Inflation in Europe : Balassa-Samuelson, Engel's Law and Other Culprits
Égert, Balázs - 2010
This study analyses the impact of economic catching-up on annual inflation rates in the European Union with a special focus on the new member countries of Central and Eastern Europe. Using an array of estimation methods, we show that the Balassa-Samuelson effect is not an important driver of...
Persistent link: https://www.econbiz.de/10012444720
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Fiscal Policy Reaction to the Cycle in the OECD : Pro- or Counter-cyclical?
Égert, Balázs - 2010
This paper analyses the reaction of fiscal policy to the cycle in OECD countries. The results suggest that while overall government balances were counter-cyclical in the past and more so in economic downturns than in upswings, discretionary fiscal policy was neutral on average. However,...
Persistent link: https://www.econbiz.de/10012445698