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Is growth mere R & D? : A model with two-stage product differentiation

Hornung, Dietmar - 2000

Persistent link: https://www.econbiz.de/10004600145

Endogenous growth with negative intertemporal R & D spillovers

Hornung, Dietmar - 2000

Persistent link: https://www.econbiz.de/10004600146

Pension Reform, Private Saving, and the Current Account in a Small Open Economy

Schimmelpfennig, Axel - 2000

The macroeconomic implications of a pension reform that substitutes a high-return fully-funded system for a low-return pay-as-you-go system are discussed in an overlapping generations, neoclassical growth model. With forward-looking individuals, a debt-financed reform worsens the current...

Persistent link: https://www.econbiz.de/10014403806

Predicting Sovereign Debt Crises

Schimmelpfennig, Axel - 2003

We develop an early-warning model of sovereign debt crises. A country is defined to be in a debt crisis if it is classified as being in default by Standard & Poor''s, or if it has access to nonconcessional IMF financing in excess of 100 percent of quota. By means of logit and binary recursive...

Persistent link: https://www.econbiz.de/10014403985

Lebanon-Weathering the Perfect Storms

Schimmelpfennig, Axel - 2008

This paper reviews Lebanon''s ability to manage financial pressures following severe shocks despite its large public debt overhang and significant external vulnerabilities. Based on interviews with market participants in Beirut and London, the paper concludes that Lebanon''s ability to weather...

Persistent link: https://www.econbiz.de/10014401825

Fiscal Policy and Economic Activity During Recessions in Advanced Economies

Schimmelpfennig, Axel - 2002

Using data for advanced economies, this paper investigates whether factors identified in the theoretical and empirical literature explain the effectiveness of fiscal policy in responding to recessions. The results are informative about the fiscal response to recessions but provide only a partial...

Persistent link: https://www.econbiz.de/10014399582

Code of Good Practices on Fiscal Transparency

Koch-Weser, Caio K.; Hornung, Dietmar; Tomann, Horst - In: ifo Schnelldienst 57 (2004) 18, pp. 3-10

Der von IWF entwickelte Code of Good Practices on Fiscal Transparency soll für eine umfassende Information der Öffentlichkeit über den Aufbau und die Aufgaben der Regierungen, die fiskalischen Ziele und die öffentlichen Haushalte sorgen. Die durch den Verhaltenskodex geforderte Transparenz...

Persistent link: https://www.econbiz.de/10011692211

Code of good practices on fiscal transparency

Koch-Weser, Caio K.; Hornung, Dietmar; Tomann, Horst - In: Ifo-Schnelldienst 57 (2004) 18, pp. 3-10

Persistent link: https://www.econbiz.de/10002252297

Code of Good Practices on Fiscal Transparency

Koch-Weser, Caio K.; Hornung, Dietmar; Tomann, Horst - In: Ifo Schnelldienst 57 (2004) 18, pp. 03-10

Persistent link: https://www.econbiz.de/10005013543

Code of Good Practices on Fiscal Transparency : fiskalische Transparenz verbessert Entscheidungsgrundlage von Waehlern und Investoren

Hornung, Dietmar - In: Ifo-Schnelldienst 57 (2004) 18, pp. 5-7

Persistent link: https://www.econbiz.de/10007443706