Redistributing under fiscal constraint: partisanship, debt, inequality and labour market regulation

نویسندگان

چکیده

برای دانلود باید عضویت طلایی داشته باشید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Redistributing Income Under Fiscal Vertical Imbalance

From the literature on decentralization, it appears that the …scal vertical imbalance is somehow inherent to multi-level governments. Using a stylized model we show that this leads to a reduction in the extent of redistributive …scal policies if the maximal tolerable size of government has been reached. To test for this empirically we use some high quality data, from the LIS dataset, on individ...

متن کامل

Labour Market Institutions and Wage Inequality

In this paper we investigate the importance of labor market institutions such as unemployment insurance, unions, …ring regulation and minimum wages for the evolution of male wage inequality across countries. We derive a simple log-linear equation of the wage di¤erential as a function of the institutional parameters, total factor productivity, …nal good prices and relative skill supply. Our esti...

متن کامل

Fiscal Stability of High-Debt Nations under Volatile Economic Conditions

Using a recursive empirical model of the real interest rate, GDP growth and the primary government deficit in the United States, I solve for the ergodic distribution of the debt/GDP ratio. If such a distribution exists, the government is satisfying its intertemporal budget constraint. One key finding is that historical fiscal policy would bring the current high-debt ratio back to its normal lev...

متن کامل

Fiscal decentralization and public debt

Excessive borrowing by subnational governments due to soft budget constraints and intergovernmental coordination failures might be one of the perils of decentralization. Despite a large body of case studies, empirical investigations on whether decentralization increases consolidated public debt levels are still scarce. This paper contributes to the literature by exploring econometrically for se...

متن کامل

Labour Market Institutions , Product Market Regulation , and Innovation : Cross - Country

/RESUME In this paper we present comparative evidence from OECD countries concerning the impact of product and labour market regulations on innovation. While product and labour market policies usually aim at objectives other than innovation, they may have important consequences for the profitability of firms' innovative strategies. Our regression analysis provides some crosscountry evidence tha...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

ژورنال

عنوان ژورنال: Journal of Public Policy

سال: 2018

ISSN: 0143-814X,1469-7815

DOI: 10.1017/s0143814x18000193