 | The Role of Information in Driving FDI Flows : Host-Country Transparency and Source-Country Specialization Author/Editor: Assaf Razin, Ashoka Mody, Efraim Sadka. Release Date:July, 2003 We develop a simple information-based model of FDI flows. On the one hand, the abundance of intangible capital in specialized industries in the source countries, which presumably generates more...
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| The Aging of the Population and the Size of the Welfare State Author/Editor: Phillip Swagel, Efraim Sadka, Assaf Razin. Release Date:April, 2002 Data for the United States and countries in Western Europe indicate a negative correlation between the dependency ratio and both labor tax rates and the generosity of social transfers, after more...
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| Sharp Reductions in Current Account Deficits : An Empirical Analysis Author/Editor: Gian Milesi-Ferretti, Assaf Razin. Release Date:December, 1997 The paper studies determinants and consequences of sharp reductions in current account imbalances (reversals) in low- and middle-income countries. It poses two questions: what triggers reversals, and more...
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| Tax Burden and Migration : A Political Economy Perspective Author/Editor: Efraim Sadka, Assaf Razin. Release Date:June, 1997 The extent of taxation and redistribution policy is generally determined at a political-economy equilibrium by a balance between those who gain and those who lose from a more extensive tax-transfer more...
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| Current Account Sustainability : Selected East Asian and Latin American Experiences Author/Editor: Assaf Razin, Gian Milesi-Ferretti. Release Date:October, 1996 A number of developing countries have run large and persistent current account deficits in both the late seventies/early eighties and in the early nineties, raising the issue of whether these more...
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| Fiscal Balance During Inflation, Disinflation, and Immigration : Policy Lessons Author/Editor: Assaf Razin, Efraim Sadka. Release Date:April, 1996 The paper provides an overview of the role of the fiscal imbalances and the ensuing public debt in explaining major episodes in Israel’s recent economic developments. The main conclusions more...
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| Fiscal Restructuring in the Group of Seven Major Industrial Countries in the 1990's : Macroeconomic Effects Author/Editor: Leonardo Bartolini, Steven A Symansky, Assaf Razin. Release Date:March, 1995 This paper studies the fiscal restructuring of the first half of the 1990s in the major industrial countries. It presents and calibrates a simple model of the labor market and integrates it into a more...
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| International Vat Harmonization : Economic Effects Author/Editor: Jacob A Frenkel, Steven A Symansky, Assaf Razin. Release Date:February, 1991 This paper highlights key macroeconomic issues related to VAT harmonization. A model is developed which emphasizes the effects of changes in the time profile of various taxes on international more...
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