Browsing ECO Working Papers by Author "VAN DER PLOEG, Frederick"

Title: Higher Education Reform and the Renewed Lisbon Strategy: Role of Member States and the European Commission Author(s): VAN DER PLOEG, Frederick; VEUGELERS, Reinhilde Date: 2007 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: 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, Frederick Date: 2007 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: 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, Frederick Date: 2007 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: 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: Prudent Monetary Policy and Cautious Prediction of the Output Gap Author(s): VAN DER PLOEG, Frederick Date: 2007 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: 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: Volatility, Financial Development and the Natural Resource Curse Author(s): VAN DER PLOEG, Frederick; POELHEKKE, Steven Date: 2007 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: 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: Partisan Public Investment and Debt: The Case for Fiscal Restrictions Author(s): BETTSMA, Roel M.W.J.; VAN DER PLOEG, Frederick Date: 2007 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: 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: Sustainable Social Spending and Stagnant Public Services: Baumol’s Cost Disease Revisited Author(s): VAN DER PLOEG, Frederick Date: 2007 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: 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, Frederick Date: 2007 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: 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: Challenges and Opportunities for Resource Rich Economies Author(s): VAN DER PLOEG, Frederick Date: 2006 Type of Publication: Working Paper Series/Report no.: EUI RSCAS

Title: Challenges and Opportunities for Resource Rich Economies Author(s): VAN DER PLOEG, Frederick Date: 2006 Type of Publication: Working Paper Series/Report no.: CEPR Discussion Papers

Title: Rolling Back the Public Sector: Differential Effects on Unemployment, Investment and Growth Author(s): VAN DER PLOEG, Frederick Date: 2005 Type of Publication: Working Paper Series/Report no.: CEPR discussion paper Abstract: The macroeconomic effects of different ways of rolling back the welfare state are analysed. Cutting public spending on market goods induces a lower interest rate, a higher wage, a lower capital stock and a fall in employment. ...

Title: Back to Keynes? Author(s): VAN DER PLOEG, Frederick Date: 2005 Type of Publication: Working Paper Series/Report no.: CEPR discussion paper Abstract: After a brief review of classical, Keynesian, New Classical and New Keynesian theories of macroeconomic policy, we assess whether New Keynesian Economics captures the quintessential features stressed by JM Keynes. Particular ...

Title: Are the Welfare State and Distribution Really that Bad for the Economy? Effects of Reciprocal Altruism, Consumer Rivalry and Second Best Author(s): VAN DER PLOEG, Frederick Date: 2005 Type of Publication: Working Paper Series/Report no.: CEPR discussion paper Abstract: Democratic countries with substantial inequality and where people believe that success depends on connections and luck induce political support for high tax rates and generous welfare states. Traditional wisdom is that ...

Title: Back to Keynes? Author(s): VAN DER PLOEG, Frederick Date: 2005 Type of Publication: Working Paper Series/Report no.: Working Paper

Title: The Economics of Books Author(s): VAN DER PLOEG, Frederick; CANOY, Marcel F. M.; VAN OURS, Jan C. Date: 2005 Type of Publication: Working Paper Series/Report no.: CESifo Working Paper

Title: Guide to Reform of Higher Education: A European Perspective Author(s): VAN DER PLOEG, Frederick; BAS, Jacobs Date: 2005 Type of Publication: Working Paper Series/Report no.: CEPR discussion paper Abstract: 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 ...

Title: Do Social Policies Harm Employment? Second-Best Effects of Taxes and Benefits on Labor Markets Author(s): VAN DER PLOEG, Frederick Date: 2004 Type of Publication: Working Paper Series/Report no.: EUI ECO

Title: The Welfare State, Redistribution and the Economy, Reciprocal Altruism, Consumer Rivalry and Second Best Author(s): VAN DER PLOEG, Frederick Date: 2004 Type of Publication: Working Paper Series/Report no.: Working Paper

Title: Prudent Monetary Policy: Applications of Cautious LQG Control and Prediction Author(s): VAN DER PLOEG, Frederick Date: 2004 Type of Publication: Working Paper Series/Report no.: Discussion paper

Title: Do Social Policies Harm Employment and Growth? Author(s): VAN DER PLOEG, Frederick Date: 2003 Type of Publication: Working Paper Series/Report no.: Working Paper

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