The Macroeconomic Effects of German Unification: Real Adjustments and the Welfare State
RECERCAT - Dipòsit de Recerca de Catalunya
that this event is similar to a mass migration of low-skilled agents holding no capital into a foreign country. Absent a welfare state, we observe an investment boom, depressed output and employment conditions. Capital owners and high-skilled agents are...
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Gerontocracy, Retirement, and Social Security
RECERCAT - Dipòsit de Recerca de Catalunya
incentives are larger and that the old are more "single-minded" in their politics, implications which we verify using cross-country government finance data and cross- country political participation surveys. Finally, we show that the forced savings programs...
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Combating Corruption in International Business Transactions
RECERCAT - Dipòsit de Recerca de Catalunya
Transactions', in which signatory countries commit to prosecuting firms that have bribed public officials of any foreign country. We compare the results with the case in which the convention requires signatory countries to commit to prosecuting firms that have...
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Trade and Productivity
RECERCAT - Dipòsit de Recerca de Catalunya
Colabora: Universitat Pompeu Fabra. Departament d'Economia i Empresa Autor/es: Francisco Alcalá; Antonio Ciccone; Resumen : We estimate the effect of international trade on average labor productivity at the country level. Our empirical approach...
Fighting against Malaria: Prevent Wars while Waiting for the "miraculous" vaccine
RECERCAT - Dipòsit de Recerca de Catalunya
between 2,000 and 2,700 cases of malaria in the refugee receiving country. The average economic impact of those refugees taken in a sample of African countries reaches 3.6 % of the income of 1995.&...
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Comparative Advantage and the Cross-Section of Business Cycles
RECERCAT - Dipòsit de Recerca de Catalunya
employment as a result of changes in economic conditions, industries in rich countries face more inelastic labour supplies than those of poor countries. We show that either asymmetry in industry characteristics can generate cross-country differences in...
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Radial Measures of Public Services Deficit for Regional Allocation of Public Funds
RECERCAT - Dipòsit de Recerca de Catalunya
allocation systems. The method introduced in this paper has relevance as a resource allocation guide for the majority of services centrally funded by the public sector in a given country, such as health care, basic and higher education, citizen safety...
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Why are Capital Flows so much more Volatile in Emerging than in Developed Countries?
RECERCAT - Dipòsit de Recerca de Catalunya
emerging countries are more persistent than those to developed countries. Finally, we study a number of country characteristics to determine which are most associated with capital flow volatility. Our results suggest that underdevelopment of domestic...
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Immigration and the Survival of the Welfare State
RECERCAT - Dipòsit de Recerca de Catalunya
income redistribution. Interestingly, equilibrium immigration policy shifts from unrestricted skilled immigration, when the country is skill-scarce, to restricted unskilled immigration, as the fraction of native skilled workers increases. The analysis...
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The Curse of Aid
RECERCAT - Dipòsit de Recerca de Catalunya
impact on democracy. In particular, if the foreign aid over GDP that a country receives over a period of five years reaches the 75th percentile in the sample, then a 10-point index of democracy is reduced between 0.6 and one point, a large effect. For...
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Fiscal Decentralization Policies and Sub-national Government Debt in Evolving Federations
RECERCAT - Dipòsit de Recerca de Catalunya
, and Asia are reorganizing their governments by developing fiscal responsibility and authority to newly empowered regional and local governments. Although decentralization in each country proceeds differently, a common element tends to be an initially...
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Club de Campo
Monografias.Com
modalidades de urbanizaciones tienen elementos comunes, pero también diferencias, siendo más compleja la estructuración del club de campo o country, porque son los que ofrecen mayor diversidad y, como veremos, tienen incluso importantes variantes entre sí...
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A Positive Theory of Geographic Mobility and Social Insurance
RECERCAT - Dipòsit de Recerca de Catalunya
explain cross-country empirical regularities in geographical mobility, unemployment and labor market institutions. Rational agents vote over unemployment insurance (UI), taking the dynamic distortionary effects of insurance on the performance of the labor...
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How Binding are Legal Limits? Transitions from Temporary to Permanent Work in Spain
RECERCAT - Dipòsit de Recerca de Catalunya
contracts. Since then most accessions to employment have been through fixed-term contracts. This paper studies the duration pattern of fixed-term contracts and the determinants of their conversion into permanent ones in Spain, a country in which the share of...
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Financial Development, Financial Fragility, and Growth
RECERCAT - Dipòsit de Recerca de Catalunya
contrasting effects based on the distinction between the short- and long-run impacts of financial intermediation. Working with a panel of cross-country and time-series observations, the paper estimates an encompassing model of short- and long-run effects using...
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State and Industry in the 1940s: The Spanish Automobile Industry
RECERCAT - Dipòsit de Recerca de Catalunya
Colabora: Universitat Pompeu Fabra. Departament d'Economia i Empresa Autor/es: Salvador Estapé; Resumen : The decade of the 1940s was one of the darkest periods in the country's history, with years of famine, repression, general misery, and...
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Patentes, regulación de precios e innovación en la industria farmacéutica
RECERCAT - Dipòsit de Recerca de Catalunya
Colabora: Universitat Pompeu Fabra. Departament d'Economia i Empresa Autor/es: Vicente Ortún; Resumen : The trade-off between property rights/price regulation and innovation depends on country characteristics and drug industry specificities. Access...
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Social Security and Democracy
RECERCAT - Dipòsit de Recerca de Catalunya
spending, and other public policies. But is there an empirical connection between democracy and Social Security program size or design? Using some new international data sets to produce both country-panel econometric estimates as well as case studies of...
