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The Welfare State, Thresholds, and Economic Growth

Fic, Tatiana; Ghate, Chetan - 2004

Can a growing welfare state induce a regime switch in the growth rate of an economy? This paper constructs a dynamic political economy model of economic growth and the welfare state in which both variables are non-linearly related and jointly endogenous. Using a Markov switching framework over...

Persistent link: https://www.econbiz.de/10010260719

Induced Technological Change in a Multiregional, Multi-sectoral Integrated Assessment Model (WIAGEM) : Impact Assessment of Climate Policy Strategies

Kemfert, Claudia - 2004

This paper illustrates the representation of induced technological change in the multi-regional, multi-sectoral integrated assessment model WIAGEM. The main aim of this paper is to investigate quantitatively economic impacts of climate policy measures due to induced technological changes that...

Persistent link: https://www.econbiz.de/10010260722

Russia's debt crisis and the unofficial economy

Schrooten, Mechthild; Lusinyan, Lusine; Heinrich, Ralph P. - 2000

Russia's foreign debt problems worsened substantially after the financial crisis of 1998. The paper focuses on the key role of the government in servicing foreign debt and promoting institution building by showing how foreign debt influences the choice between official and unofficial taxation....

Persistent link: https://www.econbiz.de/10010260724

On the optimality of activist policies with a less informed government

Bénassy, Jean-Pascal - 1999

rational expectations. The economy is a monetary one with preset wages, and is subject to both demand and supply shocks. It is …

Persistent link: https://www.econbiz.de/10010260729

Lohnspreizung und Arbeitslosigkeit : theoretische Erklärungsansätze und Stand empirischer Forschung

Kohnz, Simone; Erber, Georg - 2000

Arbeitsmarktes 4. Stand der empirischen Forschung zur Lohnspreizung in den USA 4.1. Quantitativer Einfluß der Nachfrage- und … identify demand and supply shifts and institutional factors affecting the income dispersion. Skill-biased technological change … and trade liberalization are recognized as the major drivers of demand shifts. While these demand shifts tend to rise …

Persistent link: https://www.econbiz.de/10010260732

Derivation of design weights: the case of the German socio-economic panel (GSOEP)

Spiess, Martin - 2000

Design-based estimators of totals, means or proportions in finite populations generally are functions of weighted sums. If each element selected into the sample is also observed, then for the calculation of the pi-estimator these weights are just the inverse inclusion probabilities of the...

Persistent link: https://www.econbiz.de/10010260734

Combining an ongoing panel with a new cross-sectional sample

Spiess, Martin; Rendtel, Ulrich - 2000

In this paper, a weight is derived for the calculation of design based estimators of totals, means and proportions using the ongoing German Socio-Economic Panel (GSOEP) and a new cross-sectional sample. In the first part of the paper, the selection schemes of the subsamples A, B, C and D of the...

Persistent link: https://www.econbiz.de/10010260735

Demographic change, endogenous labor supply and the political feasibility of pension reform

Breyer, Friedrich; Stolte, Klaus - 2000

Options for reforming unfunded public pension schemes that are now being discussed all share the feature that the burden induced by demographic change would be shifted towards presently living and away from unborn generations. Existing models of the political economy of pension reform can not...

Persistent link: https://www.econbiz.de/10010260739

Evaluation of a Pseudo-R2 measure for panel probit models

Spiess, Martin - 2000

A simulation study designed to evaluate the pseudo-R2 proposed by Spiess and Keller (1999) suggests that this measure represents the goodness-of-fit not only of the systematic part, but also of the assumed correlation structure in binary panel probit models.

Persistent link: https://www.econbiz.de/10010260741

A generalized estimating/pseudo-score equations approach for the estimation of structural equation models

Spiess, Martin - 2000

The results of two simulation studies suggest a mixed `generalized estimating/pseudo-score equations' approach to lead to more efficient estimators than a GEE approach proposed by Qu, Williams, Beck and Medendorp (1992) or a three-stage approach as proposed e.g. by Schepers, Arminger and...

Persistent link: https://www.econbiz.de/10010260744