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Assessing household credit risk: Evidence from a household survey
Holló, Dániel; Papp, Mónika - 2007
This paper investigates the main individual driving forces of Hungarian household credit risk and measures the … gathered by the Magyar Nemzeti Bank (MNB) in January 2007. Our study presents three alternative ways of modelling household … testing. Our results suggest that the main individual factors affecting household credit risk are disposable income, the …
Persistent link: https://www.econbiz.de/10010322421
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Taking two steps to climb onto the stage: Capital taxes as link between trade and growth
Bretschger, Lucas - 2001
and empirical studies in this field. In particular, the estimation problems of omitted variables and parameter …
Persistent link: https://www.econbiz.de/10010306049
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Determinants of house prices in Central and Eastern Europe
Égert, Balázs; Mihaljek, Dubravko - 2007
This paper studies the determinants of house prices in eight transition economies of central and eastern Europe (CEE) and 19 OECD countries. The main question addressed is whether the conventional fundamental determinants of house prices, such as GDP per capita, real interest rates, housing...
Persistent link: https://www.econbiz.de/10010273771
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Minimum wages, labor market institutions, and female employment and unemployment: A cross-country analysis
Addison, John T.; Ozturk, Orgul Demet - 2010
This paper estimates the effect of minimum wage regulation in 16 OECD countries, 1970-2008. Our treatment is motivated by Neumark and Wascher's (2004) seminal cross-country study using panel methods to estimate minimum wage effects among teenagers and young adults. Apart from the longer time...
Persistent link: https://www.econbiz.de/10010274565
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Growth in a Globalised Economy: The Effects of Capital Taxes and Tax Competition
Bretschger, Lucas - 2003
and empirical studies in this field. In particular, the estimation problems of omitted variables and parameter …
Persistent link: https://www.econbiz.de/10011753089
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Taxes, Mobile Capital, and Economic Dynamics in a Globalising World
Bretschger, Lucas - 2008
This contribution provides evidence for the hypothesis that trade increases growth through its curbing effect on capital taxes. The analysed trade-growth channel includes a negative impact of open- ness on corporate taxes and a negative effect of taxes on growth. The paper explores the two steps...
Persistent link: https://www.econbiz.de/10011753108
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A general model of technical change with an application to the OECD countries
Heshmati, Almas; Kumbhakar, Subal C. - 2011
In the neoclassical production functions model technical change (TC) is assumed to be exogenous and it is specified as a function of time. However, some exogenous external factors other than time can also affect the rate of TC. In this paper we model TC via a combination of time trend (purely...
Persistent link: https://www.econbiz.de/10010280731
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The shadow economy in OECD countries: Panel-data evidence
Kholodilin, Konstantin; Thießen, Ulrich - 2011
In this paper, the extent of the shadow economy in OECD countries is investigated. The estimates of the size of the shadow economy are obtained using the panel-data techniques applied to the data on 38 OECD member states over the period 1991-2007. Our estimates tend to be somewhat lower than the...
Persistent link: https://www.econbiz.de/10010286300
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The Dynamic Effects of Public Capital: VAR Evidence for 22 OECD Countries
Kamps, Christophe - 2004
The issue of whether government capital is productive has received a great deal of recent attention. Yet, empirical analyses of public capital productivity have been limited to a small sample of countries for which official capital stock estimates are available. Building on a new database that...
Persistent link: https://www.econbiz.de/10010260502
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A cross-country database of fiscal space
Kose, M. Ayhan; Kurlat, Sergio; Ohnsorge, Franziska; … - 2017
This paper presents a comprehensive cross-country database of fiscal space, broadly defined as the availability of budgetary resources for a government to service its financial obligations. The database covers up to 200 countries over the period 1990-2016, and includes 28 indicators of fiscal...
Persistent link: https://www.econbiz.de/10012060231