Showing 1 - 10 of 2,033
We analyze whether globalization affects the composition of public expenditures for education by integrating arguments … towards lower education. In industrialized countries, on the other hand, globalization has an ambiguous effect on the …
Persistent link: https://www.econbiz.de/10013148296
The economic effects from labor market integration are crucially affected by the extent to which countries are open to trade. In this paper we build a multi-country dynamic general equilibrium model with trade in goods and labor mobility across countries to study and quantify the economic...
Persistent link: https://www.econbiz.de/10012948334
This study evaluates the economic effects of corporate tax coordination in the enlarged European Union using a computable general equilibrium model and a comprehensive set of scenarios for both a common corporate EU tax base and for full harmonisation of tax bases and tax rates. Our main...
Persistent link: https://www.econbiz.de/10013317316
trace cyclical deviations of real exchange rates from the productivity-driven equilibrium path. Panel estimations for the …
Persistent link: https://www.econbiz.de/10013316298
Persistent link: https://www.econbiz.de/10012144560
The paper analyzes the relation between monetary uncertainty and government incentives to implement economic reforms that reduce structural distortions and make economies more flexible. It is shown that uncertainty about the central bank's reaction function leads to more reforms. I relate this...
Persistent link: https://www.econbiz.de/10013317517
effect vector decomposition (FEVD) technique. Our estimation results indicate a positive and significant impact of FTAs on …
Persistent link: https://www.econbiz.de/10012769922
Persistent link: https://www.econbiz.de/10012798864
Persistent link: https://www.econbiz.de/10012599537
(industry) level by applying the Phillips-Sul (2007) tests for panel and club convergence. The main findings can be summarised … Telecommunication, both in a turn-around phase, and Gas & Oil and Technology, for which there is no panel convergence. Club convergence … tests reveal the existence of convergence clubs and divergent economies within the full panel, which explains why panel …
Persistent link: https://www.econbiz.de/10012953892