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Lessmann, Christian; Markwardt, Gunther - 2021

This paper examines whether the federal structure of aid-receiving countries matters in explaining aid effectiveness. Following the decentralization theorem, the devolution of powers should increase aid effectiveness, since local decision-makers are better informed about local needs. At the same...

Persistent link: https://www.econbiz.de/10013316311

Did Austerity Cause Brexit?

Fetzer, Thiemo - 2018

Did austerity cause Brexit? This paper shows that the rise of popular support for the UK Independence Party (UKIP), as the single most important correlate of the subsequent Leave vote in the 2016 European Union (EU) referendum, along with broader measures of political dissatisfaction, are...

Persistent link: https://www.econbiz.de/10012910997

Ageing, Government Budgets, Retirement, and Growth

Gonzalez-Eiras, Martín - 2011

We analyze the short and long run effects of demographic ageing - increased longevity and reduced fertility - on per-capita growth. The OLG model captures direct effects, working through adjustments in the savings rate, labor supply, and capital deepening, and indirect effects, working through...

Persistent link: https://www.econbiz.de/10013129861

Inequality, Public Wealth, and the Federal Shareholder

Corneo, Giacomo - 2016

Current trends in the distribution of wealth trigger a social divide and threaten democracy. I propose to counter this … requires two novel institutions: a socially responsible Sovereign Wealth Fund and a Federal Shareholder. This paper offers an …

Persistent link: https://www.econbiz.de/10012992603

Political Institutions and Income (Re-)Distribution : Evidence from Developed Economies

Feld, Lars P.; Schnellenbach, Jan - 2021

We discuss the effect of formal political institutions (electoral systems, fiscal decentralization, presidential and … parliamentary regimes) on the extent and direction of income (re-)distribution. Empirical evidence is presented for a large sample … are associated with a less equal distribution of disposable incomes, while electoral systems have no significant effects …

Persistent link: https://www.econbiz.de/10013315720

Growth and Volatility of Tax Revenues in Latin America

Fricke, Hans - 2011

Against the background of a notoriously high macroeconomic instability and the need to raise tax revenues to meet the demands of public spending, this paper analyzes the tradeoff between growth and volatility of tax revenues in Latin America. We use a two-step Engle-Granger-type model to...

Persistent link: https://www.econbiz.de/10013130748

Refugee Resettlement, Redistribution and Growth

Azarnert, Leonid V. - 2018

This paper studies the effect of refugee resettlement on human capital accumulation. The analysis is performed in a growth model with endogenous fertility. I show how refugee resettlement from a more advanced and wealthier economy to a less advanced and less wealthy economy combined with income...

Persistent link: https://www.econbiz.de/10012918058

Growth Effects of Spatial Redistribution Policies

Arcalean, Calin - 2012

Regional income disparities have increased in many European countries recently, even as national and supra-national policy instruments were created to correct them. To explain these evolutions, we develop a two-region, two-sector model with migration and public investment in infrastructure and...

Persistent link: https://www.econbiz.de/10013110806

Minorities, Human Capital and Long-Run Development : Persistence of Armenian and Greek Influence in Turkey

Arbatli, Cemal Eren - 2017

We study the long-term economic legacy of highly-skilled minorities a century after their wholesale expulsion. Using mass expulsions of Armenian and Greek communities of the Ottoman Empire in the early 20th century as a unique natural experiment of history, we show that districts with greater...

Persistent link: https://www.econbiz.de/10012964040

World-Trade Growth Accounting

Egger, Peter H. - 2016

We undertake a trade-growth accounting exercise by decomposing data on changes in bilateral international trade flows into their direct (endowment accumulation, productivity growth, changes in trade costs, changing preferences) and indirect components (general equilibrium effects). Furthermore,...

Persistent link: https://www.econbiz.de/10012994081

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