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The paper finds that, given Australia's conservative approach in implementing the Basel II framework, Australian banks …
Persistent link: https://www.econbiz.de/10009423924
This paper examines the welfare effects of automation in neoclassical growth models with and without intergenerational … transfers. In a standard overlapping generations model without such transfers, improvements in automation technologies that … intergenerational transfers based on altruism, automation could raise the well-being of all generations. With imperfect altruism, fiscal …
Persistent link: https://www.econbiz.de/10015058766
Estimates of the current and future structure of employment in sub-Saharan Africa (2005–20) are obtained based on household survey estimates for 28 countries and an elasticity-type model that relates employment to economic growth and demographic outcomes. Agriculture still employs the majority...
Persistent link: https://www.econbiz.de/10011242333
model is used to analyze the risk profile and sustainability of Australia's public debt under different policies. …
Persistent link: https://www.econbiz.de/10008561071
-factor productivity (MFP) in a panel of industries in 15 OECD countries over the period 1980 to 2003, with a special focus on Australia …
Persistent link: https://www.econbiz.de/10012677560
the decline in the share of goods production in Australia and New Zealand. The simulation results suggest that faster … productivity growth in the tradable goods sector in Australia, New Zealand, and their major trading partners accounts for a …
Persistent link: https://www.econbiz.de/10012677711
Intro -- Contents -- I. INTRODUCTION -- II. FINANCIAL INTEGRATION REDUCES RISK -- III. ESTIMATION METHODOLOGY AND DATA -- IV. RESULTS -- V. CONCLUSION -- Appendix. Data Sources and Construction -- References.
Persistent link: https://www.econbiz.de/10012690982
While a carbon tax is widely acknowledged as an efficient policy to mitigate climate change, adoption has lagged. Part of the challenge resides in the distributional implications of a carbon tax and a belief that it tends to be regressive. Even when not regressive, poor households could be hurt...
Persistent link: https://www.econbiz.de/10015060363
Developments during the global financial crisis have highlighted the importance of differentiating across financial systems and institutions. Assessments of financial stability have increasingly considered the characteristics of individual banks within a financial system, as well as those with...
Persistent link: https://www.econbiz.de/10011142011
This study finds that equity returns in the banking sector in the wake of the Great Recession and the European … deteriorating funding conditions and investor sentiment. While the equity return performance in the banking sector has been dismal …
Persistent link: https://www.econbiz.de/10011142021