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This paper provides a theory on staged or step-by-step privatization. We show that such an approach can be efficient … when the reform is complete. It may explain the popularity of staged privatization around the world. We have also conducted …
Persistent link: https://www.econbiz.de/10013155997
Persistent link: https://www.econbiz.de/10001661944
This paper identifies tax policy that both speeds recovery from the current economic crisis and contributes to long-run growth. This is a challenge because short-term recovery requires increases in demand while long-term growth requires increases in supply. As short-term tax concessions can be...
Persistent link: https://www.econbiz.de/10003933791
This paper examines the relationships between taxation and output in Côte d’Ivoire during the period 1960-2006. The bounds testing approach to cointegration devised by Pesaran et al. (2001) showed that tax variables, except direct tax, and real GDP are cointegrated and positively related in...
Persistent link: https://www.econbiz.de/10009689679
This paper analyzes the possible causal relationship between debt and growth in 16 OECD countries from 1980 to 2009. This is done considering not only government debt but also non- financial corporate and household debt. The panel bootstrap Granger causality test applied allows us to control for...
Persistent link: https://www.econbiz.de/10013055947
Income distribution may be related to fundamentals affecting economic growth and to labor market policies. Noting that inequality is affected by unemployment. This paper presents a model in which labor market policies affect unemployment which in turn affects inequality. The model also includes...
Persistent link: https://www.econbiz.de/10012752402
This paper reviews the key issues concerning the impact of public spending and taxation on long-run growth and inequality and takes stock of existing theoretical and empirical studies. Overall, the evidence highlights that the size of the government matters for long-term growth as a too large...
Persistent link: https://www.econbiz.de/10011578194
This paper tries to analyze whether pursuing economic growth and setting up labor market policies affect inequality. Therefore a simple testable model along the lines of the Kuznets and Neoclassical literature is fit to the data. The explanatory power of the regressions is high. On average the...
Persistent link: https://www.econbiz.de/10014073411
This paper examines the relationship between entrepreneurship (as measured by fluctuations in the business ownership rate) and unemployment in Japan for the period between 1972 and 2002. We find that, although Japan’s unemployment rate has been influenced by specific exogenous shocks, the...
Persistent link: https://www.econbiz.de/10011372966
THIS FIFTEENTH ISSUE OF THE International Productivity Monitor published by the Centre for the Study of Living Standard contains five articles. Topics covered are: product market regulation and productivity convergence in OECD countries and implications for Canada; the impact of interprovincial...
Persistent link: https://www.econbiz.de/10005481858