An identity links the rate of economic growth, the speed of poverty reduction and changes in the distribution of income during some time period in a given country. A few authors used that identity to understand the causes for observed changes in poverty and to identify the exact role of economic growth in poverty reduction. Yet, many empirical cross-country studies of the relationship between g...

This paper explains why the overall stance of monetary policy is effected by both interest rates and the exchange rate, and hence why a Monetary Conditions Indicator can provide useful information about the stance of policy. Three output gap equations estimated in this paper reveal that the real interest rate and the real exchange rate both affect excess demand but that the real interest rate i...

Sanctions are used ubiquitously to enforce obedience to social norms. However, recent field studies and laboratory experiments have demonstrated that cooperation is sometimes reduced when incentives meant to promote prosocial decisions are added to the environment. Although various explanations for this effect have been suggested, the neural foundations of the effect have not been fully explore...

i n the past decades, the effect of different tax amendments on various economic issues has been studied. the majority of these studies have avoided considering shadow economy as part of the calculation and analysis, and an issue, which has received little attention, is the relationship between green tax reforms and shadow economy, as for informal labor, which is well-connected to unemployment ...

abstract research and development (r&d;) spending plays a major role in innovation, raising productivity and increasing economic growth. the purpose of this paper is to investigate the impact of r&d; spending on growth and total factor productivity (tfp) in iran's agricultural sector. we estimate growth and productivity models using auto-regressive distributed lag (ardl) approach and data over ...

As concerns of “reform fatigue” in lowerand middle-income countries have become more widespread, so has the search for ways of boosting support for market-oriented reforms. Although the effects of political institutions on reform results have been extensively analyzed, there has been relatively little investigation of their effects on public opinion. We argue that constitutional and extra-const...

Deterrence studies have shown that perceived sanction risk is related to delinquent behaviour, independent of other variables, and that this relation may be conditioned by individual propensity towards crime. The principal goal of this study is to assess these findings with data from a sample of 843 Dutch adolescents. First, we analysed whether perceived sanction risk (perceived apprehension ri...

Environmental crimes are unauthorized acts against the environment that are subject to criminal prosecution and sanction. While their deterrence e¤ect is largely unknown, policy is moving rapidly towards strengthening the role of criminal sanctioning in the context of environmental crime. This paper provides new evidence on the e¤ects of the use of criminal sanctions in environmental policy mak...

Sanctions are used ubiquitously to enforce obedience to social norms. Recent field studies and laboratory experiments have demonstrated, however, that cooperation is sometimes reduced when incentives meant to promote pro-social decisions are added to the environment. Although a variety of explanations have been suggested, the neural foundations of this effect have not been fully explored. Using...

Organizations have long relied upon the threat of sanctions to influence employees to follow information security policies. Unfortunately, the belief in the power of deterrence has provided mixed results in both research and in real life. This study explored the impact of sanction effects in an organization with a robust information security program. Findings indicate an employee’s perceived sa...