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This research seeks to identify the factors that account for the variation in development levels across nations by focusing on the institutional components of development, especially the effects of financial market development on economic and political development. I argue that financial market...
Persistent link: https://www.econbiz.de/10009475007
Este artículo ofrece una evaluación de la contribución al PIB de la infraestructura. A partir de un conjunto de datos de infraestructura que abarca 88 países durante los años 1960-2000, y utilizando un enfoque de panel de series de tiempo, el trabajo estima una función de producción...
Persistent link: https://www.econbiz.de/10012530339
global consumers, producers and policy-makers alike. In response, many governments across the world implemented policies …
Persistent link: https://www.econbiz.de/10009446712
This paper analyses the impact of quality based labelling on product prices,factor allocation and the resulting effects on producers within the context of aninternational trading system. A general equilibrium model, calibrated to 1998 data,describes United States and European Union labelling...
Persistent link: https://www.econbiz.de/10009445941
Al igual que la mayoría de los datos macroeconómicos, las cifras de déficit público están sujetas a revisiones. Sin embargo, en el caso de Europa, estas podrían ser especialmente preocupantes dado el papel que desempeñan los datos fiscales en el funcionamiento de las reglas de...
Persistent link: https://www.econbiz.de/10012530330
Los Angeles has had the worst traffic for the longest time out of any American city with many of its residents commuting for over an hour to and from work. The solution to this problem has existed for over 50 years but political forces have stopped its implementation. With the funding problems...
Persistent link: https://www.econbiz.de/10009468728
strategy across Europe and the rest of the world. Estonia, Latvia, and Lithuania adopted flat tax systems in 1994 and 1995 … growth, shocking the world as they emerged as “Baltic Tigers” at the turn of the century. Russia adopted a flat tax regime in …
Persistent link: https://www.econbiz.de/10009438702
All three articles in my dissertation gather information from individuals, analyze it, and aggregate that information into forecasts of upcoming events. The motivation is to make forecasts more efficient (accurate and timely), more versatile (provide the most useful information for each...
Persistent link: https://www.econbiz.de/10009438764
There are many situations in which individuals have a choice of whether or not to observe the eventual outcome. In these instances, individuals often prefer to avoid observing the outcome. The standard von Neumann-Morgenstern (vNM) Expected Utility model cannot accommodate these cases, since it...
Persistent link: https://www.econbiz.de/10009439041
planning and implementation. The World Bank heralds both countries as prime examples of how market-friendly capitalist systems … Tunisia one of 5.1%. To put that in perspective, the World as-a-whole has grown at 2.0% per year and the United States at 1 … underlying causes of this consistently well above average growth in answering several key questions: What policies did the World …
Persistent link: https://www.econbiz.de/10009439124