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Aggregate effects of a universal social insurance fiscal reform
Antón Sarabia, Arturo; Leal, Julio - 2013
social protection system (i.e., a reconfiguration of transfers); and (2) the elimination of the current social security … payroll tax to replace it with a generalized VAT (i.e., a reconfiguration of taxes). The authors find that this reform …, and generates a substantial change in occupational choices that favors wage earners. As a result, wages (before transfers …
Persistent link: https://www.econbiz.de/10011303247
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The impact of product and labour market reform on growth : evidence for OECD countries based on local projections
Haan, Jakob de; Wiese, Rasmus - 2020
This paper examines the impact of labour and product market reforms on economic growth in 25 OECD countries between 1985 and 2013, and tests whether this impact is conditioned by the fiscal policy stance, i.e. whether there are fiscal expansions or adjustments. Our local projection results...
Persistent link: https://www.econbiz.de/10012238489
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The Impact of Product and Labour Market Reform on Growth : Evidence for OECD Countries Based on Local Projections
de Haan, Jakob - 2020
This paper examines the impact of labour and product market reforms on economic growth in 25 OECD countries between 1985 and 2013, and tests whether this impact is conditioned by the fiscal policy stance, i.e. whether there are fiscal expansions or adjustments. Our local projection results...
Persistent link: https://www.econbiz.de/10012829322
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The Direct and Indirect (Spillover) Effects of Productive Government Spending on State Economic Growth
Atems, Bebonchu - 2018
Using data on 48 contiguous U.S. states and a spatial econometric approach, this paper examines short- and long-run effects of productive higher education and highway infrastructure spending financed by different revenue sources on state economic growth. Following the Lagrange Multiplier, Wald,...
Persistent link: https://www.econbiz.de/10012912930
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Chapter 10 Explaining cross-country income differences
McGrattan, Ellen R.; Schmitz, James A. - In: Handbook of macroeconomics : volume 1, part A, (pp. 669-737). 1999
This chapter reviews the literature that tries to explain the disparity and variation of GDP per worker and GDP per capita across countries and across time. There are many potential explanations for the different patterns of development across countries, including differences in luck, raw...
Persistent link: https://www.econbiz.de/10014024240
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The Impact of Public Budgets on Overall Productivity Growth
Handler, Heinz - 2011
To fulfill their tasks, governments rely on public expenditures and taxes. Both influence the incentives and shape the … expenditures and taxes as well as the fiscal stance seem to have some effect in the short run, their long-run implications cannot …
Persistent link: https://www.econbiz.de/10013123485
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Public funding of education as a factor of economic growth
Nazukova, Nataliia - In: Economy and forecasting : scientific journal (2020) 2, pp. 72-90
Persistent link: https://www.econbiz.de/10013162778
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Age Before Beauty? Productivity and Work vs. Seniority and Early Retirement
Mastrobuoni, Giovanni - 2011
general equilibrium of the economy. Generous Social Security benefits financed by large Social Security taxes discourage human … data on European countries to show how social security taxes, the age profile of earnings, and retirement behavior are …
Persistent link: https://www.econbiz.de/10013122324
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Serbia : Doing More with Less - Addressing the Fiscal Crisis by Increasing Public Sector Productivity
Dillinger, William - 2011
With its economy disrupted by the global economic crisis, the Serbian government faces tight budget constraints for several years to come. The Government has already responded by freezing wages and pension benefits and making cuts in capital works and other discretionary spending. These...
Persistent link: https://www.econbiz.de/10013125428
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Social protection and employment in Africa's agricultural sector
Osabohien, Romanus; Onanuga, Olaronke Toyin; Aderounmu, … - In: Verslas : teorija ir praktika : Vilniaus Gedimino … 21 (2020) 2, pp. 494-502
Social protection is increasingly becoming a powerful tool for enhancing productivity and employment and is, therefore, important for Africa’s agricultural transformation. Thus, this study aims at examining how Africa’s agricultural sector can be transformed through social protection...
Persistent link: https://www.econbiz.de/10012501982