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The Scandinavian model: prospects and challenges

Andersen, Torben M. - 2007

Scandinavian countries are often portrayed in policy debates as model examples having shown how to square concerns for efficiency and equity. The core principle of the Scandinavian welfare model is an individual entitlement to public sector provisions combined with collective financing via...

Persistent link: https://www.econbiz.de/10010264060

How much does violence tax trade?

Blomberg, S. Brock; Hess, Gregory D. - 2004

We investigate the empirical impact of violence as compared to other trade impediments on trade flows. Our analysis is … of terrorism, as well as internal and external conflict is equivalent to as much as a 30 percent tariff on trade. This is …

Persistent link: https://www.econbiz.de/10010261218

Politics-Business Co-evolution Paths : Workers’ Organization and Capitalist Concentration

Belloc, Marianna - 2012

Most pre-crisis explanations of the various corporate governance systems have considered the separation between ownership and control to be an advantage of the Anglo-American economies. They have also attributed the failure of other countries to achieve these efficient arrangements to their...

Persistent link: https://www.econbiz.de/10013116042

Public pensions in the national accounts and public finance targets

Oksanen, Heikki - 2004

Preparations are underway to revise national accounting to implement actuarial recording of pension liabilities for corporations and government as an employer. This paper extends this to unfunded public pensions with the help of ?implicit tax? in pension contributions. The clearest advantages of...

Persistent link: https://www.econbiz.de/10010261211

Incentives and workers' motivation in the public sector

Delfgaauw, Josse; Dur, Robert - 2004

to be significantly better. We develop a model of an economy in which workers differ in laziness and in public service … workers as well as the economy's laziest workers by offering separating contracts, which are both distorted. Even though …

Persistent link: https://www.econbiz.de/10010261219

Moral federalism

Janeba, Eckhard - 2004

paper compares three regimes (centralization, decentralization and federalism) in an economy where individuals choose their …

Persistent link: https://www.econbiz.de/10010261228

Actuarial neutrality across generations applied to public pensions under population ageing : effects on government finances and national saving

Oksanen, Heikki - 2005

In welfare states, collective saving has declined to a persistently negative level, while reduced fertility and increasing longevity are leading to increasing pension liabilities. Actuarial neutrality across generations is presented as a benchmark for designing pension reforms to meet the...

Persistent link: https://www.econbiz.de/10010261300

Electoral uncertainty, fiscal policy and macroeconomic fluctuations

Malley, Jim; Philippopoulos, Apostolis; Woitek, Ulrich - 2005

In this paper we study the link between elections, fiscal policy and aggregate fluctuations. The set-up is a stylized dynamic stochastic general equilibrium model incorporating both technology and political re-election shocks. The later are incorporated via a two-party model with elections. The...

Persistent link: https://www.econbiz.de/10010261369

Ex-post redistribution in a federation: implications for corrective policy

Koethenbuerger, Marko - 2006

This paper analyzes whether changes in the timing of equalizing transfers to state governments necessitate an … adjustment in federal corrective policy. According to the existing literature (assuming an ex-ante choice of transfers), the … state policy incentives twofold. It entails a correction for the distortion in the marginal benefit of state spending (as in …

Persistent link: https://www.econbiz.de/10010263941

The economics of politically connected firms

Choi, Jay Pil; Thum, Marcel - 2007

spending on military and police force). The indirect strategy of stabilizing a regime via politically connected firms gradually …

Persistent link: https://www.econbiz.de/10010264152