Econometric Modeling: Macroeconomics eJournal最新文献_第9页

Complementarity and Macroeconomic Uncertainty 互补性与宏观经济不确定性

Econometric Modeling: Macroeconomics eJournal Pub Date : 2020-03-01 DOI: 10.24149/wp2009

Tyler Atkinson, Michael D. Plante, A. W. Richter, Nathaniel A. Throckmorton

引用次数: 3

Monetary Policy and Regional Inequality 货币政策与地区不平等

Econometric Modeling: Macroeconomics eJournal Pub Date : 2020-03-01 DOI: 10.2139/ssrn.3564206

Sebastian Hauptmeier, F. Holm-Hadulla, Katerina Nikalexi

引用次数: 9

Sectoral Inflation Persistence, Market Concentration, and Imperfect Common Knowledge 行业通胀持续性、市场集中度和不完全常识

Econometric Modeling: Macroeconomics eJournal Pub Date : 2020-03-01 DOI: 10.2139/ssrn.3562060

R. Kato, Tatsushi Okuda, Takayuki Tsuruga

引用次数: 4

Immigration and Economic Freedom of the US States: Does the Institutional Quality of Immigrants’ Origin Countries Matter? 移民与美国经济自由:移民原籍国的制度质量重要吗?

Econometric Modeling: Macroeconomics eJournal Pub Date : 2020-02-25 DOI: 10.2139/ssrn.3316415

Alexandre Padilla, N. Cachanosky

引用次数: 3

Does E-Procurement Matter for Economic Growth? Subnational Evidence from Australia 电子采购对经济增长有影响吗?来自澳大利亚的次国家级证据

Econometric Modeling: Macroeconomics eJournal Pub Date : 2020-02-09 DOI: 10.2139/ssrn.3535070

T. Emery, L. Mélon, R. Spruk

{"title":"Does E-Procurement Matter for Economic Growth? Subnational Evidence from Australia","authors":"T. Emery, L. Mélon, R. Spruk","doi":"10.2139/ssrn.3535070","DOIUrl":"https://doi.org/10.2139/ssrn.3535070","url":null,"abstract":"We examine the impact of e-procurement on economic growth. To this end, we exploit an ambitious implementation of large-scale mandatory e-procurement platform in New South Wales and Western Australia. By matching pre-reform growth dynamics and its covariates with the rest of the world, we provide a plausible source of variation in growth that allows us to build a counterfactual growth scenario in the hypothetical absence of the reform. Using more than 100 countries in country-state matched balanced sample, our evidence highlights a mixed impact of mandatory e-procurement on growth. We find that the institutional quality of governance and policy implementation underlines the magnitude of the growth effect. In particular, our findings contrast a significant positive impact of the mandatory e-procurement on the economic growth of Western Australia with a zero impact of the similar reform in New South Wales. We argue that this contrast arises from the differences in transaction costs, quality of governance, and strength of regulatory oversight that either foster or hamper the opportunities for corruption. The estimated impact of reform is robust across a multitude of spatial and temporal placebo studies, choice of samples and does not seem to be driven by pre-existing shocks or prevalent economic conditions.","PeriodicalId":155479,"journal":{"name":"Econometric Modeling: Macroeconomics eJournal","volume":"51 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-02-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126639048","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

The Ex-Ante Economic Analysis of Investments in Large Dams: A Brief History 大型水坝投资的事前经济分析:简史

Econometric Modeling: Macroeconomics eJournal Pub Date : 2020-02-03 DOI: 10.2139/ssrn.3670763

D. Whittington, V. Smith

引用次数: 4

Monetary Policy Implementation: Operational Issues for Countries with Evolving Monetary Policy Frameworks 货币政策实施:货币政策框架演变国家的操作问题

Econometric Modeling: Macroeconomics eJournal Pub Date : 2020-02-01 DOI: 10.5089/9781513526850.001

Nils Maehle

引用次数: 5

How Do U.S. Visa Policies Affect Unauthorized Immigration? 美国签证政策如何影响非法移民?

Econometric Modeling: Macroeconomics eJournal Pub Date : 2020-02-01 DOI: 10.3386/w26790

B. Kovak, Rebecca Lessem

{"title":"How Do U.S. Visa Policies Affect Unauthorized Immigration?","authors":"B. Kovak, Rebecca Lessem","doi":"10.3386/w26790","DOIUrl":"https://doi.org/10.3386/w26790","url":null,"abstract":"Abstract How would increasing the number of visas available to potential migrants affect unauthorized immigration from Mexico to the U.S.? Current U.S. policy bans people who are deported from receiving legal status for a period of time. This policy aims to serve as an additional deterrent to unauthorized immigration, but may be ineffective given that most potential Mexican migrants have an extremely low probability of ever being able to legally move to the U.S. We develop a dynamic discrete location choice model, which we estimate using data from the Mexican Migration Project, and consider various counterfactual policies that vary the intensity of enforcement and access to work visas. We find that legal entry bans for deported individuals are ineffective at current rates of legal immigration, but that increased legalization rates would amplify the deterrent effects of deportation. We also show that a temporary work visa program would yield similar deterrent effects as an increase in permanent legalization without resulting in very large increases in the total stock of migrants residing in the U.S. These findings have important implications for structuring future immigration reforms.","PeriodicalId":155479,"journal":{"name":"Econometric Modeling: Macroeconomics eJournal","volume":"85 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123421112","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 5

The Impact of a Minimum Wage Change on the Distribution of Wages and Household Income 最低工资变动对工资和家庭收入分配的影响

Econometric Modeling: Macroeconomics eJournal Pub Date : 2020-01-28 DOI: 10.1093/oep/gpaa048

P. Redmond, Karina Doorley, S. McGuinness

引用次数: 7

Enhancing Financial Connectivity between Asia and Europe: Implications for Infrastructure Convergence between the Two Regions 加强亚欧金融互联互通:对两地区基础设施融合的影响

Econometric Modeling: Macroeconomics eJournal Pub Date : 2020-01-22 DOI: 10.2139/ssrn.3694971

N. Yoshino, Monzur Hossain, Farhad Taghizadeh Hesary

{"title":"Enhancing Financial Connectivity between Asia and Europe: Implications for Infrastructure Convergence between the Two Regions","authors":"N. Yoshino, Monzur Hossain, Farhad Taghizadeh Hesary","doi":"10.2139/ssrn.3694971","DOIUrl":"https://doi.org/10.2139/ssrn.3694971","url":null,"abstract":"While discussing the enhancement of the connectivity between Europe and Asia, we explore a new area of cooperation, which is the use of European long-term investment funds in Asia’s infrastructure. We argue that, if Asian countries agree to offer 50% of their spillover revenue to infrastructure investors from Europe, it will increase the rate of return of long-term investment funds, such as pension and insurance funds. This will create a win–win situation for both Asia and Europe, because investment in infrastructure will enhance various spillover benefits and increase the savings in these countries, which will ultimately enhance the economic growth in the Asian countries. On the other hand, idle European funds will generate higher returns from infrastructure investments in Asia, which will also be beneficial for European countries. This approach will reduce the divergence in infrastructure between the two regions and encourage regional connectivity, such as the People’s Republic of China’s Belt and Road Initiative. With some empirical evidence, we also highlight the methods of spillover revenue collection and approaches to share the revenues. It is important for Asian countries to review the approaches and develop some institutional mechanisms to allow private investors in infrastructure. Moreover, Asian and European leaders, for example in the Asia–Europe Meeting, might devise appropriate methods that would allow European long-term investors to invest in Asian infrastructure needs.","PeriodicalId":155479,"journal":{"name":"Econometric Modeling: Macroeconomics eJournal","volume":" 17","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-01-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114053470","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0