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longer-term productivity and a risk for further labor market inequality between digital and non-digital workers. The note … economies. Higher digitalization levels shielded substantially productivity and hours worked during the crisis. However, the …
Persistent link: https://www.econbiz.de/10015059674
This paper estimates and quantifies the impact of structural reforms on per capita income for a large set of OECD and non-OECD countries. The findings suggest that the quality of institutions matters to a large extent for economic outcomes. More competition-friendly regulations, as measured by...
Persistent link: https://www.econbiz.de/10012920765
This paper estimates and quantifies the impact of structural reforms on per capita income for a large set of OECD and non-OECD countries. The findings suggest that the quality of institutions matters to a large extent for economic outcomes. More competition-friendly regulations, as measured by...
Persistent link: https://www.econbiz.de/10011823646
This paper estimates and quantifies the impact of structural reforms on per capita income for a large set of OECD and non-OECD countries. The findings suggest that the quality of institutions matters to a large extent for economic outcomes. More competition-friendly regulations, as measured by...
Persistent link: https://www.econbiz.de/10011800715
This paper analyses how different tax policies can affect investment and productivity. To address this question the … productivity tests the hypothesis that taxes affect productivity through different channels and that due to some salient industry … top personal income taxes have a negative effect on productivity. In contrast, tax incentives for research and development …
Persistent link: https://www.econbiz.de/10012444789
.e., private investment and productivity growth. We mostly focus on a panel of 20 OECD economies from 1970 to 2009, although we … affects both aggregate investment spending and productivity growth, through distortions related to the size of the public … sector. We also find weak evidence of some nonlinear effects on productivity, with government debt becoming more detrimental …
Persistent link: https://www.econbiz.de/10013066298
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
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
This paper uncovers an inverted U-shaped relationship between firm exit and total factor productivity (TFP) growth …
Persistent link: https://www.econbiz.de/10014462313
This paper provides new evidence of the macroeconomic effects of public investment in advanced economies. Using public investment forecast errors to identify the causal effect of government investment in a sample of 17 OECD economies since 1985 and model simulations, the paper finds that...
Persistent link: https://www.econbiz.de/10013021776