Search Results - subject:"REFORMS"

Bierbrauer, Felix J.; Boyer, Pierre C.; Peichl, Andreas; … - 2025

Joint taxation of married couples represents a puzzle for welfare economics. We investigate whether political economy forces can explain its persistence. We develop sufficient statistics to determine whether a reform towards individual taxation would garner majority support and apply this...

Persistent link: https://www.econbiz.de/10015398914

Do central bank reforms lead to more monetary discipline?

Jung, Alexander; Romelli, Davide; Farvaque, Étienne - 2025

This paper investigates the impact of reforms altering legal central bank independence (CBI) on monetary policy … (1972-2023), we show that reforms improving CBI strengthen monetary discipline and the credibility of central banks. Larger … reforms enhance monetary discipline with a lag, achieving their full effect after ten years. Central bank reforms have a …

Persistent link: https://www.econbiz.de/10015397507

Robust growth in Central Asia 2019-24: In the face of uncertainties, the pandemic and protracted war in the neighborhood

Barisitz, Stephan - 2025

In contrast to most Central, Eastern and Southeastern European (CESEE) economies, Central Asia (CA) - comprising Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan - has witnessed quite robust demographic as well as economic growth in the period from 2019 to 2024. This period was...

Persistent link: https://www.econbiz.de/10015325486