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growth. However, they do not account for intra-national spatial heterogeneity, even when regions, and not only countries … predictors of future GDP growth. These findings shed light on the determinants of regional convergence patterns. …
Persistent link: https://www.econbiz.de/10012030312
increasing labour supply (effective marginal tax rate). We also investigate the impact of reforms on poverty, income distribution …
Persistent link: https://www.econbiz.de/10011577812
This paper assesses Italy’s 2019 tax and benefit reforms, analyses hypothetical reforms and proposes a reform package that balances goals of reducing poverty, encouraging employment and fiscal sustainability. Using the OECD’s Tax-Benefit and the EUROMOD microsimulation models, it shows that...
Persistent link: https://www.econbiz.de/10012202861
The combination of different working-age benefits, childcare costs and income taxation creates complexity, reduces work incentives and holds back employment. Major disincentives in Finland are related to tapering rules for unemployment benefits, social assistance and the housing benefit, the...
Persistent link: https://www.econbiz.de/10011914169
Brazil has made remarkable progress in reducing poverty and inequality. This reduction is explained by strong growth … but also by effective social policies. Besides growth, public services and cash transfers have played the biggest role … Familia” and “Brasil sem Miseria” while limiting the real growth of pension expenditures in the future would improve the …
Persistent link: https://www.econbiz.de/10010231401
appears to reflect disproportionate wage growth at the very top of the wage distribution rather than stagnating median wages …Over the past two decades, aggregate labour productivity growth in most OECD countries has decoupled from real median … compensation growth, implying that raising productivity is no longer sufficient to raise real wages for the typical worker. This …
Persistent link: https://www.econbiz.de/10011700183
growth and low productivity. Major structural measures have been legislated to improve competition, education, energy, the … implemented, these reforms could increase annual trend per capita GDP growth by as much as one percentage point over the next ten … OECD best practices could increase potential growth by another percentage point annually. …
Persistent link: https://www.econbiz.de/10011392836
The growing literature studying the determinants of subjective wellbeing find that Mexicans report, on average, levels of life satisfaction that are above what would be predicted by the available objective measures of well-being. This paradox raises the following question: Are the drivers of...
Persistent link: https://www.econbiz.de/10011398816
Turkey’s business sector dynamism has underpinned broad-based and inclusive growth in the 2000s. However, the business …
Persistent link: https://www.econbiz.de/10010464942
This paper analyses for 34 OECD countries the extent to which the calculation of aggregate multi-factor productivity (MFP) is sensitive to alternative parameterisations. The starting point is the definition of MFP used in previous work in the OECD’s Economics Department (e.g. Johansson et al....
Persistent link: https://www.econbiz.de/10011823644