Showing 1 - 10 of 228
Climate change economics mostly neglects sizeable interactions of carbon pricing with other fiscal policy instruments. Conversely, public finance typically overlooks the effects of future decarbonization efforts when devising instruments for the major goals of fiscal policy. We argue that such a...
Persistent link: https://www.econbiz.de/10011268596
This paper generalizes the classical theory of economic policy to a static LQ-strategic context between n players. We show how this generalized version of controllability can profitably be used to deal with policy ineffectiveness issues and Nash equilibrium existence.
Persistent link: https://www.econbiz.de/10005385510
This paper studies corporatism as the outcome of bargaining between the government and a representative labor union. When negotiations between these two parties only relate to macroeconomic stabilization, we show that corporatism can never be beneficial to both parties. As corporatist policies...
Persistent link: https://www.econbiz.de/10008489608
We generalize some recent results developed in static policy games with multiple players, to a dynamic context. We find that the classical theory of economic policy can be usefully applied to a strategic context of difference games: if one player satisfies the Golden Rule, then either all other...
Persistent link: https://www.econbiz.de/10005423174
Funding adaptation requires adequate governance and there are different ways to organise and channel the funds to where it is most efficient and most necessary. This paper investigates this issue and studies the practical implementation of a development under conditionality, namely...
Persistent link: https://www.econbiz.de/10008828400
I discuss how aid can support growth in small, isolated economies. Small markets frustrate scale economies and …
Persistent link: https://www.econbiz.de/10010854445
Researchers have linked sub-Saharan Africa.s (SSA) poor growth performance in recent decades to several factors …
Persistent link: https://www.econbiz.de/10010854459
This paper discusses dimensions of inequality in sub-Saharan Africa and their causes. It starts with a review of the empirical evidence about inequality during the colonial period as well as the post-independence era. Then it discusses the forces that det
Persistent link: https://www.econbiz.de/10010854460
Growth and poverty reduction in Africa are weakly linked. This paper argues that the reason is that Africa has failed … to create enough good jobs. Structural transformation?the relative growth of employment in high productivity sectors …
Persistent link: https://www.econbiz.de/10010854479
direct investment) on economic growth in Cameroon. Using the autoregressive distributive lag approach to cointegration and …
Persistent link: https://www.econbiz.de/10010854494