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Monetary Commitment and Structural Reforms: A Dynamic Panel Analysis for Transition Economies
exchange rate regime structural reform panel data political economy of reform transition countries
2012/10/23
This paper examines the contemporaneous relationship between the exchange rate regime and structural economic reforms for a sample of CEEC/CIS transition countries. We investigate empirically whether ...
Labor Earnings Respond Differently to Income-Tax and to Payroll-Tax Reforms
labor earnings payroll tax income tax
2012/10/22
We estimate the responses of gross labor earnings with respect to marginal and average net-of-tax rates in France over the period 2003-2006. We exploit a series of reforms to the income-tax and the pa...
Did Growth and Reforms Increase Citizens' Support for the Transition?
political economy post-communist transition economic reforms economic performance support for reforms public opinion
2012/10/26
How did post-communist transformations affect people's perceptions of their economic and political systems? We model a pseudo-panel with 89 country-year clusters, based on 13 countries observed betwee...
Severance Pay Programs around the World: History, Rationale, Status, and Reforms
severance pay termination benefit end-of-service benefit termination benefits seniority pay indemnities leaving allowances
2012/10/30
The paper examines severance pay programs around the world by providing the first ever overview of existing programs, examining their historic development, assessing their economic rationale and descr...
Michigan's Business Taxes and Economic Development: Possible Reforms
Business Taxes Economic Development Possible Reforms
2009/11/5
There is a majority view among economists on the effects of state and local business
taxes on economic development. As stated by Wasylenko (1997), which in turn largely draws on
Bartik's (1991) revi...
The Impact of Labor Market Reforms on Capital Flows, Wages and Unemployment
Globalization capital mobility unemployment unemployment compensation
2013/10/18
The paper contributes to the globalization debate by scrutinizing the international spillover effects which are provoked if a single country reduces the generosity of the unemployment compensation sys...
Gross Job Flows in Russian Industry Before and After Reforms: Has Destruction Become More Creative?
Job destruction job reallocation productivity transition Russia
2013/10/18
This paper uses 1985-1999 manufacturing census data for old Russian enterprises to calculate the magnitude and productivity effects of gross job flow rates before and after reforms. Job creation was l...