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Persistent link: https://www.econbiz.de/10011696622
Although many have expressed concern over whether generous welfare policies discourage the employment of single mothers, scholars have rarely exploited cross-national variability in the generosity of social policies to assess this question. This is the case even though much previous scholarship...
Persistent link: https://www.econbiz.de/10010335452
We document significant and robust empirical relationships in cross-country panel data between government size or social expenditure on the one hand, and trade and financial development indicators on the other. Across countries, deeper economic integration is associated with more intense...
Persistent link: https://www.econbiz.de/10010303691
We quantitatively assess the macroeconomic effects of country-specific supply-side reforms in the euro area by simulating EAGLE, a multi-country dynamic general equilibrium model. We consider reforms in the labor and services markets of Germany (or, alternatively, Portugal) and the rest of the...
Persistent link: https://www.econbiz.de/10011605369
There are basically three stories about the globalisation-welfare state nexus. The first story argues that globalisation is the cause of the chronic crisis of the welfare state. As national economies open to the international market, governments are forced to adapt to the imperatives of global...
Persistent link: https://www.econbiz.de/10010299189
In Happiness and the Human Development Index: The Paradox of Australia, Blanchflower and Oswald (2005) observe an … apparent puzzle: they claim that Australia ranks highly in the Human Development Index (HDI), but relatively poorly in … happiness. However, when we compare their happiness data with the HDI, Australia appears happier, not sadder, than its HDI score …
Persistent link: https://www.econbiz.de/10010267311
Rising inequality and widespread poverty, social unrest and polarization, gender and ethnic disparities, declining social mobility, economic fragility, unbalanced growth due to technology and globalization, and existential danger from climate change are urgent global concerns of our day. These...
Persistent link: https://www.econbiz.de/10014279350
Das Phänomen der sogenannten New Economy wird seit längerem unter verschiedenartigen Aspekten diskutiert. Dabei ist der Begriff nicht eindeutig definiert und wird zuweilen mit den Bezeichnungen Internet Economy, Network Economy, Digital Economy, E-Commerce oder auch Information Economy...
Persistent link: https://www.econbiz.de/10014492656
The paper aims to examine the role of institutions relative to economic policy and geography in explaining the differential level of development across countries over time. To that end, it attempts to construct a Development Quality Index (DQI) and an Institutional Quality Index (IQI) by using...
Persistent link: https://www.econbiz.de/10010316763
We review the competing explanations of the 2007-2008 global crisis, recall how governments around the world had to …-bail-out world, the trade-off between financial stability and the cost of capital, the feasibility for central banks to manage their …
Persistent link: https://www.econbiz.de/10010317303