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Lewis D., Frisch M. and Greenberg M. (2004) Downsizing and worker separations: modelling the regional economic impacts of alternative Department of Energy workforce adjustment policies, Reg. Studies 38, 67-83. Fifty years of huge investments by the US Department of Energy (DOE) in some regions...
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standard first difference GMM procedure fails. I propose three estimation strategies. One is based on quasi-differencing, and …
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The economic policies implemented in Mexico to confront the December 1994 crisis, even though instrumental in coping with the external deficit caused a strong recession coupled with falling real wages and a worsening in income distribution. These effects of the adjustment strategy stem from its...
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This paper investigates fiscal developments in 112 countries during the 1990s. It finds that, while the overall fiscal balance improved in most of them, the composition of this improvement differed. In nonprogram countries, revenues increased modestly and expenditure declined sharply, while in...
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