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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
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
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
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
approach is also employed to rigorously examine the poverty-growth-inequality triangle. Finally, various simple but useful and …
Persistent link: https://www.econbiz.de/10008862800
The current paper demonstrates a dichotomy of the growth response to changes in the barter terms of trade, employing as …
Persistent link: https://www.econbiz.de/10009002142
they have played significant roles in the region’s slow and episodic economic growth. Results from cross …-country regressions covering 31 Sub-Saharan African countries suggest that growth in Africa is not simply a question of capital … growth of African economies does not depend so much on their ability to innovate, but rather on their capacity to absorb and …
Persistent link: https://www.econbiz.de/10009002152
used in the abatement sector determines the existence and the direction of the growth-effect. A tighter environmental tax …
Persistent link: https://www.econbiz.de/10009002687
Recent research regarding property rights and economic development often treats property rights security in a country as homogeneous, although protecting the private entitlements of some can entail preventing others from claiming and controlling those same resources. This one-dimensional...
Persistent link: https://www.econbiz.de/10009366416