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Normative fiscal policy and growth : some quantitative implications for the Chilean economy
Espino, Emilio; González Rozada, Martín - 2013
This paper explores the qualitative and quantitative implications of optimal taxation in a developing economy when … economic growth is endogenously determined. We differentiate this class of economies from a developed economy in two aspects … equilibrium allocations and Ramsey allocations in the context of a small open economy in which the interest rate is endogenously …
Persistent link: https://www.econbiz.de/10011303820
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The macroeconomic effects of fiscal consolidation in dynamic general equilibrium
Schwarzmüller, Tim; Wolters, Maik H. - 2014
We provide a systematic analysis of fiscal consolidation in a medium-scale dynamic general equilibrium model. Our results show that the choice of the consolidation instrument is very important, not only with respect to the short- and long-run output effects of the different consolidation...
Persistent link: https://www.econbiz.de/10010416675
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The role of institutional quality on the effects of fiscal stimulus
Avellán, Leopoldo; Galindo Andrade, Arturo José; … - 2020
This paper provides evidence on the effect of fiscal stimulus on economic activity in countries with different degrees of institutional quality. The identification strategy makes use of data on military expenditure to instrument government consumption using local lineal projections as presented...
Persistent link: https://www.econbiz.de/10012238283
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Policy options to mitigate the fiscal impact of road transport decarbonization : the case of Costa Rica
Victor-Gallardo, Luis; Rodríguez Zúñiga, Mónica; … - 2022
Decarbonizing road transport through electrification, public transport, and walking and biking can increase productivity and reduce expenses thanks to reduced traffic and energy efficiency gains. However, governments face losing fuel and vehicle tax revenue. We develop a method to assess options...
Persistent link: https://www.econbiz.de/10014517732
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Impact evaluation of the job youth training program Projoven
Díaz, Juan José; Rosas, David - 2016
This paper brings new evidence on the impact of The Peruvian Job Youth Training Program (Projoven). Compared with prior evaluations of the program, this one has several advantages. This is the first experimental impact evaluation of Projoven, and also the first to measure impacts over a longer...
Persistent link: https://www.econbiz.de/10011472128
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Experimental evidence on the long term impacts of a youth training program
Ibarrarán, Pablo; Kluve, Jochen; Ripani, Laura; Rosas … - 2015
This paper presents the results of a randomized controlled trial on the long-term impacts of a youth training program. The empirical analysis estimates labor market impacts six years after the training - including long-term labor market trajectories of young people - and, it is one of the first...
Persistent link: https://www.econbiz.de/10011473421
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Tourism policy, a big push to employment? : evidence from a multiple synthetic control approach
Castillo, Victoria; Garone, Lucas Figal; Maffioli, … - 2015
This paper investigates the impact of tourism policy on employment, using the Tourism Development Policy (TDP) implemented in the Argentinean province of Salta during the years of 2003 to 2010 as a case study. Following the Synthetic Control Method for comparative case studies, we use a...
Persistent link: https://www.econbiz.de/10011290060
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Active labor market policies in a context of high informality : the effect of PAE in Bolivia
Novella, Rafael; Valencia, Horacio - 2019
Information asymmetries and limited skills are two main factors affecting jobseekers’ chances to access quality jobs in developing countries. This paper evaluates the effectiveness of a job intermediation and wage subsidy program in Bolivia, a country with one of the highest levels of...
Persistent link: https://www.econbiz.de/10012117509
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Escaping the unemployment trap : the case of East Germany
Merkl, Christian (contributor);  … - 2008 - Rev. version
This paper addresses the question of why prolonged regional unemployment differentials tend to persist even after their proximate causes have been reversed (e.g., after wages in the highunemployment regions have fallen relative to those in the low-unemployment regions). We suggest that the...
Persistent link: https://www.econbiz.de/10003775079
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Unemployment in Bolivia : risks and labor market policies
Hernani-Limarino, Werner L.; Villegas, María; Yáñez … - 2011
Persistent link: https://www.econbiz.de/10010217569