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Study on the efficiency and effectiveness of public spending on tertiary education
The purpose of the study is to assess efficiency in public tertiary education systems across EU countries plus Japan and the US with semi-parametric methods and stochastic frontier analysis. TheExpand
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How to Achieve Growth- and Equity-Friendly Fiscal Consolidation? A Proposed Methodology for Instrument Choice with an Illustrative Application to OECD Countries
Despite sustained efforts made in recent years to rein in budget deficits, a majority of OECD countries still face substantial fiscal consolidation needs. The choices made about which spending areasExpand
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How to Achieve Growth- and Equity-friendly Fiscal Consolidation?
Despite sustained efforts made in recent years to rein in budget deficits, a majority of OECD countries still face substantial fiscal consolidation needs. The choices made about which spending areasExpand
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Choosing Fiscal Consolidation Instruments Compatible with Growth and Equity
Despite sustained efforts made in recent years to rein in budget deficits, a majority of OECD countries still face substantial public finance consolidation needs moving forward, owing to the legacyExpand
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Can Conservatism Be Counterproductive? Delegation and Fiscal Policy in a Monetary Union
This paper studies central bank independence in a model of a monetary union where fiscal policies remain the responsibility of national governments and generate externalities. Governments may eitherExpand
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Improving the Labour Market Integration of Immigrants in Belgium
Immigrants make up one fifth of the Belgian working age population, but their labour market integration is poor. Employment rates of non-EU immigrants, in particular, are very low, and the problemExpand
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Enhancing Competition and the Business Environment in Hungary
Over the past decade, the growth potential of the Hungarian economy has declined substantially. Trend productivity has ceased to increase, and investment has fallen to historically low levels. To anExpand
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Elusive Counter-Cyclicality and Deliberate Opportunism? Fiscal Policy from Plans to Final Outcomes
Drawing on the European Commission’s Autumn forecasts, I estimate fiscal reaction functions with four different information sets, ranging from budget plans to final outcomes. I also analyseExpand
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Making public finances more growth and equity-friendly in the euro area
Across the euro area, the ability of public finances to support equitable growth has tended to deteriorate. Concerns about high and rising public debt, together with market pressure in some cases,Expand
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Portugal: Rebalancing the Economy and Returning to Growth Through Job Creation and Better Capital Allocation
Low growth and huge current account deficits have characterised the Portuguese economy over the past decade. Easy credit in global markets, combined with the absence of incentives to limitExpand
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