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THIRD AFRICA-EU SUMMIT : “INVESTMENT, ECONOMIC GROWTH AND JOB CREATION”
Africa and Europe in Partnership - 2010
Persistent link: https://www.econbiz.de/10010527752
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European Network of Economic Policy Research Institutes (ENEPRI)
European Network of Economic Policy Research Institutes
The European Network of Economic Policy Research Institutes (ENEPRI) brings together twenty-four leading national … economic policy research institutes from most of the EU-27 countries. The goals of the network are to foster the international … diffusion of existing research, co-ordinate research plans, conduct joint research and increase public awareness of the European …
Persistent link: https://www.econbiz.de/10009636689
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Budget institutions and fiscal performance in Central and Eastern European countries
Gleich, Holger - 2003
This paper documents the modes of organization of the budget process in ten CEEC and examines the relationship between these institutional settings and fiscal performance. Using detailed information on the budget institutions in these countries, the national budget processes are classified...
Persistent link: https://www.econbiz.de/10009639852
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How far are we from the slippery slope?
Trabandt, Mathias; Uhlig, Harald - 2010
We characterize the Laffer curves for labor taxation and capital income taxation quantitatively for the US, the EU-14 and individual European countries by comparing the balanced growth paths of a neoclassical growth model featuring ”constant Frisch elasticity” (CFE) preferences. We derive...
Persistent link: https://www.econbiz.de/10009640367
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Social returns to education
Canton, Erik - 2007
This paper presents new evidence on the social returns to education within a macroeconomic growth regression framework. I use improved schooling data and a macro version of the Mincer relationship between education and wages for individual workers. The results suggest that an increase by one...
Persistent link: https://www.econbiz.de/10009640173
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The impact of high and growing government debt on economic growth
Checherita, Cristina; Rother, Philipp - 2010
rate are: (i) private saving; (ii) public investment; (iii) total factor productivity (TFP) and (iv) sovereign long …
Persistent link: https://www.econbiz.de/10009640303
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Imposing parsimony in cross-country growth regressions
Jarociński, Marek - 2010
The number of variables related to long-run economic growth is large compared with the number of countries. Bayesian model averaging is often used to impose parsimony in the cross-country growth regression. The underlying prior is that many of the considered variables need to be excluded from...
Persistent link: https://www.econbiz.de/10009640306
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Theoretical notes on bubbles and the current crisis
Martin, Alberto; Ventura, Jaume - 2011
We explore a view of the crisis as a shock to investor sentiment that led to the collapse of a bubble or pyramid scheme in financial markets. We embed this view in a standard model of the financial accelerator and explore its empirical and policy implications. In particular, we show how the...
Persistent link: https://www.econbiz.de/10009640837
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Inflation, factor substitution and growth
Klump, Rainer - 2003
Recent empirical studies on the inflation-growth-relationship underline that inflation has negative growth effects already under relatively modest rates. Most contributions to monetary growth theory, however, have difficulties in explaining such a pattern. It is shown in this paper that this...
Persistent link: https://www.econbiz.de/10009635886
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Public finances and long-term growth in Europe
De Ávila, Diego Romero; Strauch, Rolf - 2003
capita over the business cycle, while public investment has a positive impact, and 2) provides robust evidence that …
Persistent link: https://www.econbiz.de/10009635955