Title:Higher Education Reform and the Renewed Lisbon Strategy: Role of Member States and the European Commission
Author(s):VAN DER PLOEG, Frederick; VEUGELERS, ReinhildeDate:2007Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:Discussions on problems in higher education in Europe typically focus on rising enrolment rates, access, governance, underperformance in research and teaching, lack of internationalisation, the lack of private and public ...
Title:Prudent Budgetary Policy Political Economy of Precautionary Taxation
Author(s):VAN DER PLOEG, FrederickDate:2007Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:The theory of tax smoothing and determination of public debt with uncertain future national
income is extended for prudence. A prudent government deliberately underestimates future
national income and the tax base, ...
Title:Can the Natural Resource Curse Be Turned into a Blessing? The Role of Trade Policies and Institutions
Author(s):AREZKI, Rabah; VAN DER PLOEG, FrederickDate:2007Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:We criticise existing empirical results on the detrimental effects of natural resource
dependence on the rate of economic growth after controlling for institutional quality,
openness and initial income. These results do ...
Title:Sustainable Social Spending and Stagnant Public Services: Baumol’s Cost Disease Revisited
Author(s):VAN DER PLOEG, FrederickDate:2007Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:If demand for human services is inelastic or manufactured goods are necessities, labour shifts from manufacturing to services and the budget share of services rises. Higher productivity growth in the market sector pushes ...
Title:Genuine Savings and the Voracity Effect
Author(s):VAN DER PLOEG, FrederickDate:2007Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:Many resource-rich countries have negative genuine saving rates, so deplete their exhaustible
natural resource wealth faster than they build up wealth in other assets. This phenomenon is
stronger in more fractionalized ...
Title:Sustainable Social Spending and Stagnant Public Services: Baumol's Cost Disease Revisited
Author(s):VAN DER PLOEG, FrederickDate:2007Type of Publication:ArticleAbstract:If demand for human services is inelastic or manufactured goods are necessities, labor shifts from manufacturing to services and the budget share of services rises. Higher productivity growth in the market sector pushes ...
Title:Volatility, Financial Development and the Natural Resource Curse
Author(s):VAN DER PLOEG, Frederick; POELHEKKE, StevenDate:2007Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:Cross-country evidence is presented on resource dependence and the link between volatility and
growth. First, growth depends negatively on volatility of unanticipated output growth
independent of initial income per capita, ...
Title:Prudent Monetary Policy and Cautious Prediction of the Output Gap
Author(s):VAN DER PLOEG, FrederickDate:2007Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:ABSTRACT
Using the results of risk-adjusted linear-quadratic-Gaussian optimal control with perfect and imperfect observation of the economy, we obtain prudent Taylor rules for monetary policies and also allow for imperfect ...
Title:Partisan Public Investment and Debt: The Case for Fiscal Restrictions
Author(s):BETTSMA, Roel M.W.J.; VAN DER PLOEG, FrederickDate:2007Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:The political distortions in public investment projects are investigated within a bipartisan framework. The role of scrapping and modifying projects of previous governments receives special attention. The ruling party ...
Title:Do Conditional Benefits Reduce Equilibrium Unemployment?
Author(s):VAN DER PLOEG, FrederickDate:2006Type of Publication:ArticleAbstract:Although unconditional unemployment benefits destroy jobs in competitive and noncompetitive labor markets, conditional benefits can spur job growth in noncompetitive labor markets. Unconditional benefits reduce the penalty ...
Title:Getting European Universities into Shape
Author(s):JACOBS, Bas; VAN DER PLOEG, FrederickDate:2006Type of Publication:ArticleAbstract:Most European universities lag behind the best universities in the Anglo-Saxon world. A key challenge is to raise resources per student in Europe to US levels. The Lisbon agenda demands fundamental reform of the European ...
Title:The Economics of Books
Author(s):CANOY, Marcel F. M.; VAN DER PLOEG, FrederickDate:2006Type of Publication:Contribution to book
Title:Guide to reform of higher education: a European perspective
Author(s):JACOBS, Bas; VAN DER PLOEG, FrederickDate:2006Type of Publication:ArticleAbstract:Although there are exceptions, most European universities and institutions of higher education find it difficult to compete with the best universities in the Anglo-Saxon world. Despite the Bologna Agreement and the ambitions ...