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IDENTIFYING FISCAL POLICY SHOCKS IN CHILE AND COLOMBIA

Restrepo, Jorge E.; Rincón, Hernán - Banco de la Republica de Colombia

Structural VAR and Structural VEC models were estimated for Chile and Colombia, aiming at identifying fiscal policy shocks in both countries between 1990 and 2005. The impulse responses obtained allow the calculation of a pesofor- peso ($/$) effect on output of a shock to public spending and to...

Persistent link: https://www.econbiz.de/10005113931

Minimum Wage Legislation and Economic Growth: Channels and Effects

Mo, Pak Hung - Volkswirtschaftliche Fakultät, … - 2011

Despite decades of experience and research, the effects of minimum wage legislation (MWL) on long-run economic performance have rarely been studied since Stigler’s (1946) classic exposition about the shortcomings of MWL. In this study, we use a novel method to estimate the magnitude and...

Persistent link: https://www.econbiz.de/10009399165

Complementarity and aggregate implications of assortative matching : a nonparametric analysis

Graham, Bryan S.; Imbens, Guido; Ridder, Geert - In: Quantitative economics : QE ; journal of the … 5 (2014) 1, pp. 29-66

This paper presents econometric methods for measuring the average output effect of reallocating an indivisible input across production units. A distinctive feature of reallocations is that, by definition, they involve no augmentation of resources and, as such, leave the marginal distribution of...

Persistent link: https://www.econbiz.de/10011757124

Innovation Complementarity and Scale of Production

Miravete, Eugenio J.; Pernias, Jose C. - C.V. Starr Center for Applied Economics, Department of … - 1998

Persistent link: https://www.econbiz.de/10005826904

Innovation Complimentarity and Scale of Production

Miravete, Eugenio J; Pernías, Jose C - C.E.P.R. Discussion Papers - 2004

This Paper is an empirical study on the existence of complementarity between product and process innovation. We present … the existence of complementarity among production and innovation strategies. We apply the model to analyse the Spanish … significant complementarity between product and process innovation. We are able to separate the nature of complementarity …

Persistent link: https://www.econbiz.de/10005123646

Role of fiscal policy for private investment in Pakistan

Madni, Ghulam Rasool - In: International Journal of Economic Sciences and Applied … 7 (2014) 2, pp. 139-152

Fiscal policy has much controversial debate regarding its effectiveness on private investment. Taxation and government expenditure are two main instruments of fiscal policy. This paper is aimed to analyze the effect of fiscal deficit and other variables on private investment of Pakistan. The...

Persistent link: https://www.econbiz.de/10011310269

Complementarities between local public and private investment in EU regions

Brasili, Andrea; Brasili, Cristina; Musto, Giorgio; … - 2023

This work investigates the role of local public investment in stimulating private investment and in providing support to growth and development. The analysis is based on a combination of datasets, allowing to build an unbalanced panel for 98 NUTS2 European regions in 13 member states, and for...

Persistent link: https://www.econbiz.de/10014320840

Role of fiscal policy for private investment in Pakistan

Madni, Ghulam Rasool - In: International journal of economic sciences and applied … 7 (2014) 2, pp. 139-152

Persistent link: https://www.econbiz.de/10010459713

The joint effect of macroeconomic uncertainty, sociopolitical instability, and public provision on private investment

Escaleras, Monica; Kottaridi, Constantina - In: Journal of Developing Areas 48 (2014) 1, pp. 227-251

Most studies on private investment focus either on macroeconomic conditions or sociopolitical climate to explain private investment patterns. We go a step further and examine empirically the joint effect of macroeconomic uncertainty, sociopolitical instability and public provision on private...

Persistent link: https://www.econbiz.de/10011213110

PRIVATE INVESTMENT AND FISCAL POLICY IN PAKISTAN

MALIK, AFIA - In: Journal of Economic Development 38 (2013) 1, pp. 83-109

This paper has examined linear as well as non-linear impact of fiscal policy variables on private investment in Pakistan. The results imply that it¡¯s better to examine different aspects of fiscal policy instead of fiscal policy variables in aggregate form as the impact of fiscal policy...

Persistent link: https://www.econbiz.de/10010640629