Showing 1 - 10 of 138
This paper presents an assessment of the effects of fiscal policy on economic growth. Starting from a theoretical model in which only those fiscal policy instruments presumed to strictly influence the production process (i. e., public capital and transfers) are incorporated into the production...
Persistent link: https://www.econbiz.de/10005497550
This paper examines the impact of infrastructure on productivity in the various regions of Spain. Using the duality approach and panel data, we estimate the regional cost functions for the three main sectors of the economy for the period 1964-1991. We also estimate a production, and two separate...
Persistent link: https://www.econbiz.de/10005497551
Las matrices de contabilidad social son bases de datos específicas para modelos lineales y modelos de equilibrio general aplicado. La adecuación de las matrices para análisis de política economica requiere con frecuencia su modificacion, lo que suele ser dificultoso debido a las condiciones...
Persistent link: https://www.econbiz.de/10005497552
En este trabajo se examina la manera en que los países miembros de una unión monetaria responden a las perturbaciones específicas y a las que proceden del resto del mundo, cuando aplican políticas de oferta. Desarrollamos un modelo de tres países que muestran preferencias distintas respecto...
Persistent link: https://www.econbiz.de/10005497553
This paper examines how the member countries of a monetary union react to country-specific shocks and to shocks from the rest of the world, when te budget deficit is the only policy instrument available. We develop a three-country model in which countries show different preferences regarding...
Persistent link: https://www.econbiz.de/10005497554
In this paper we study possible rankings of opportunity profiles. An opportunity profile is a list of sets of alternative opportunities, one set for each agent in the society. We compare such opportunity profiles on the basis of the notion of "equality of opportunities". Our main results show...
Persistent link: https://www.econbiz.de/10005497555
En este trabajo se examina la manera en que los países miembros de una unión monetaria responden a las perturbaciones específicas y a las que proceden del resto del mundo, cuando el déficit público es el único instrumento de política. Desarrollamos un modelo de tres países que muestran...
Persistent link: https://www.econbiz.de/10005497556
Persistent link: https://www.econbiz.de/10005497557
The validity and reliability of the EQ-5D-5L in comparison with the standard 3L has been tested through the analysis of psychometric properties making use of different samples of patients. However, it is likely that the condition of the illness may affect the power of the 5L version with respect...
Persistent link: https://www.econbiz.de/10011141029
This paper examines the relationship between fiscal decentralization and internal conflict in 77 countries during the period 1972-2000. The results show that the devolution of scal power to subnational tiers of government reduces the incidence of civil conflict. This finding is robust to the...
Persistent link: https://www.econbiz.de/10010860715