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Record Nr. |
UNINA9910827478603321 |
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Autore |
Bell Gerwin |
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Titolo |
The size of government and U.S.-European differences in economic performance / / prepared by Gerwin Bell and Norikazu Tawara |
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Pubbl/distr/stampa |
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[Washington D.C.], : International Monetary Fund, 2009 |
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ISBN |
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1-4623-3761-9 |
1-4527-0265-9 |
1-4518-7239-9 |
9786612843129 |
1-282-84312-5 |
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Edizione |
[1st ed.] |
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Descrizione fisica |
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1 online resource (53 p.) |
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Collana |
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IMF working paper ; ; WP/09/92 |
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Altri autori (Persone) |
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Disciplina |
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Soggetti |
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Economic development - Political aspects |
Economic stabilization - Econometric models |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Description based upon print version of record. |
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Nota di bibliografia |
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Includes bibliographical references. |
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Nota di contenuto |
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Contents; I. Introduction; II. The Basic Model; Tables; 1. GDP Level Accounting relative to the U.S; III. The Economic Effects of Government; A. The Base Case; B. The Welfare Effect of Government in International Perspective; Figures; 1. Key Parameters of the Baseline Model by Country, 1970-2001; C. Assessing the Fit of the Model; 2. Incremental Welfare Improvement for Different Tax Policies; D. Different Preference Structures; 3. Goodness of Fit over the Period 1970-99; IV. A Role for Efficiency-Enhancing Government; A. Frictions in the Labor Market; 4. Goodness of Fit of the Friction Model |
B. Labor Market Frictions, Productivity, and Policy 2. Calibrated Vacancy Cost and Match Productivity (1990-99); 3. Bivariate Relations between Labor Market Policies and Efficiency; 5. OLS Regression of Labor Market Efficiency Indicators and Policies; V. Concluding Remarks; References; Appendices; I. Labor Supply in Balanced Growth Models; II. Analysis of Welfare Effects of Different Government Size; III. Introducing Risk Aversion and Capital; IV. Calibrating Labor Market Search Frictions for European Countries Using a Search Model |
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Sommario/riassunto |
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An influential strand of recent research has claimed that large |
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