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institutions and governance on environmental policy, environmental outcomes, and investments. The paper describes how the … relationship between institutions and various response variables related to environmental performance and environmental policy have …
Persistent link: https://www.econbiz.de/10011485706
outcomes. Finally, while the effects of growth and unemployment rates are the same across demographic subsets, the effect of … skilled or not working. Our findings reinforce the political importance of employment and growth policies. …
Persistent link: https://www.econbiz.de/10010230320
Following on Keynes's Economic Possibilities for Our Grandchildren, this paper develops conjectures about the world we will leave to our grandchildren. It starts by outlining the 10 most important trends that have defined our economic, social, and political lives over the last 100 years. It then...
Persistent link: https://www.econbiz.de/10009540751
I consider a two-period model in which being "too big" is only a necessary condition for an insolvent firm to receive a government bailout because, in addition to meeting a threshold asset size, the firm must engage in a lobbying contest in order to be bailed out. The firm has a political...
Persistent link: https://www.econbiz.de/10011942742
Social Responsibility ; Growth …
Persistent link: https://www.econbiz.de/10009634271
premised on the understanding that institutions matter for development. However, there is no straightforward answer to the … question of what exactly 'institutions' are, how they change, or how they can be made to change to become more supportive of an …
Persistent link: https://www.econbiz.de/10011595705
and institutions as given for the purpose of analysis, we argue that inflation could be understood only in terms of …
Persistent link: https://www.econbiz.de/10005789620
The April 21, 2005 issue of the LONDON REVIEW OF BOOKS carried a lead article titled ‘Blood for Oil?’ The paper is attributed to a group of writers and activists – Iain Boal, T.J. Clark, Joseph Matthews and Michael Watts – who identify themselves by the collective name ‘Retort.’ In...
Persistent link: https://www.econbiz.de/10005836969
Over the past century, the institution of capital and the process of its accumulation have been fundamentally transformed. By contrast, the theories that explain this institution and process have remained largely unchanged. The purpose of this paper is to address this mismatch. Using a broad...
Persistent link: https://www.econbiz.de/10005621372
in 1992. To examine the dynamics of the growth and subsequent reduction in government spending, we present a dynamic … GDP - but eventually diverge from output due to the growth of the welfare state. After government expenditures become … large, we identify an endogenous threshold on the economy's growth path where it is optimal for politicians to shrink the …
Persistent link: https://www.econbiz.de/10011566079