Showing 21 - 30 of 68,049
- together with standard growth models to frame the role of religion in economic growth. Unifying a growing literature, we argue … that religion can enhance or impinge upon economic growth through all four elements because it shapes individual … development. It affects human capital through both religious and secular education. It affects population and labor by influencing …
Persistent link: https://www.econbiz.de/10014391202
Through a continuous reform of its fiscal system (especially the tax system), the Republic of Croatia has harmonized them with those of EU countries, in keeping with European integration processes and the intention to become a full EU member. Certain differences are still in place (tax rates,...
Persistent link: https://www.econbiz.de/10005790028
initiate changes in social governance to effectively control the mismatches and permit sustainable growth via institution …
Persistent link: https://www.econbiz.de/10013031826
-flops. We find that a half of the reversals have led to significant tradeoff between economic growth and the volatility of the … growth. Moreover, the policymakers have missed the target sometimes as about a quarter of the reversals are detrimental to … both the growth and the stability. These bad reversals are accompanied by higher term spread and volatility of the spread …
Persistent link: https://www.econbiz.de/10012938415
impact of the investments in education and science in Bulgaria, financed by the European structural instruments. It provides …
Persistent link: https://www.econbiz.de/10014171230
-Domar model is used to estimate the growth sacrifice effects of delays and cost overruns and it is argued that the decline in the … share of public investments in overall investments adds signficantly to the growth potential, which need to be recognised in …
Persistent link: https://www.econbiz.de/10013097516
This paper presents a structural macro-econometric model of the Maltese economy developed at the Modelling & Research Office of the Central Bank of Malta during 2012. This model is small-scale, consisting of 19 behavioural equations (estimated on quarterly data from 2000 to 2011) and 130...
Persistent link: https://www.econbiz.de/10011260890
We investigate the effects of "contractionary" monetary shocks by imposing sign restrictions on the impulse responses of macroeconomic variables up to six months while allowing industrial production and exchange rate to be completely determined by the data. We show that i) the effect of an...
Persistent link: https://www.econbiz.de/10009146871
This paper presents the main improvements carried out to the macroeconometric model MZE since its creation in 2003. We have back-calculated the series over the period 1980-1995, in order to make the model more stable. To our knowledge, this paper is the first application of Kllians (1998) method...
Persistent link: https://www.econbiz.de/10009364398
This paper examines the impact of real exchange rate volatility on economic growth in Kenyan. The study employed the … on economic growth for the period January 1993 to December 2009. Data for the study was collected from Kenya National … RER Volatility reflected a negative impact on economic growth of Kenya. …
Persistent link: https://www.econbiz.de/10010732568