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The size of government and U.S.-European differences in economic performance /

An influential strand of recent research has claimed that large governments in European countries explain their weaker long-term economic performance compared to the U.S. On the other hand, despite these alleged costs, large governments have been popular with electorates. This paper seeks to shed li...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Bell, Gerwin (Autor), Tawara, Norikazu (Autor)
Autor Corporativo: International Monetary Fund. European Department
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, DC] : International Monetary Fund, ©2009.
Colección:IMF working paper ; WP/09/92.
Temas:
Acceso en línea:Texto completo
Descripción
Sumario:An influential strand of recent research has claimed that large governments in European countries explain their weaker long-term economic performance compared to the U.S. On the other hand, despite these alleged costs, large governments have been popular with electorates. This paper seeks to shed light on this apparent inconsistency; it confirms an adverse effect of taxes on labor supply, but also finds evidence of efficiency-increasing government intervention. However, and especially in the core ""Rhineland-model"" European countries, actual government policies often depart from such efficien
Descripción Física:1 online resource (51 pages) : color illustrations
Bibliografía:Includes bibliographical references (pages 39-40).
ISBN:1451916744
9781451916744
1462337619
9781462337613
1452702659
9781452702650
9786612843129
6612843128
1282843125
9781282843127
ISSN:2227-8885 ;