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1.
This paper analyses what effects the monetary policy of the European Central Bank have on the economic activity of Eurozone countries. We identify groups of countries which exhibit different economic responses to monetary policy and the factors driving such spatial differences. We distinguish three periods, spanning from 2001 to 2017 and examine conventional as well as unconventional monetary policies in different economic backgrounds of expansion and crisis. We find problems of spatially asymmetric transmission of monetary policy in the period 2008M10–2014M12 and note that different spatial responses might operate in favour of monetary policy or be indifferent to this policy.  相似文献   

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《Journal of Policy Modeling》2020,42(6):1187-1207
This paper investigates the determinants of countries’ choices of monetary policy framework. A brief narrative focused on groupings of countries motivates an econometric analysis which draws on previous work on the determinants of exchange rate regimes, bringing in standard factors as well as the trade networks of potential anchor currency blocs and the financial market depth that are emphasised in the narrative. The model turns out to be able to predict three quarters of countries’ choices, and there is no obvious systematic pattern in the errors. The results have important implications for how countries should choose their monetary policy frameworks.  相似文献   

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This paper uses the release of the 2011 Australian Bureau of Statistics (ABS) census results and other recent and historical data sets to explore how Australian public housing has changed over the period 1981–2011. It summarises the contextual factors that have influenced housing provision and consumption in Australia over the past thirty years. The overall supply trends by tenure for Australia and each capital city are set out, followed by analysis of the demographics of public housing tenants, including age, household type, income, mobility, and workforce participation. Issues identified in the paper include insufficient stock and increasingly targeted households, representing a social and financial problem for housing agencies. The current stock is ill‐adapted to tenants' needs; if housing agencies re‐profile the housing to meet such needs, then they risk creating inflexible stock. The paper concludes with reflection on the future of public housing in Australia.  相似文献   

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Based on a conceptualisation of de‐commodification as the right to decent and affordable housing, we assessed to what extent this right is realised for low‐to‐moderate‐income owners and renters across Western European housing regimes in 1995 and 2012. If differences in the social production of housing do matter (regardless of type of welfare state and the country's economic affluence), then distinct configurations of housing outcomes should exist. This was found to be indeed the case: More state intervention results in good housing conditions and low housing cost burdens across tenure‐age groups (but particularly for renters), although more so in social‐democratic than in conservative‐corporatist welfare states. A more important role for the family in housing provision is associated with higher subjective housing cost burdens and poor housing conditions. As housing regimes became more commodified between 1995 and 2012, it seems that configurations of housing outcomes have become less associated with the features of housing regimes, and more with type of welfare state and the country's economic affluence.  相似文献   

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Thepublicationin1995ofDidMarcoPoloGotoChina?byDr.FrancesWood(herChinesenameisWuFangsi)fromtheBritishLibrary,attractedtheattentionofbothChineseandoverseasscholars.EvenbeforeFrancesWood,afewscholarshadraiseddoubtsaboutwhetherornotMarcoPoloevercametoChina,butthisqucstionwasdiscussedonlyinshortarticlesormentionedinpassing.Dr.Woodhasnowapproachedthisprobleminawholemonograph,inwhichshecites97works,includingpapersinMakeBOluojieShaoyUpenjiu(IntroductiontoandStudiesonMarcoPolo)editedbytheCh…  相似文献   

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This article focuses on multiple conditionalities in benefits and housing from the perspective of lone parents in Ireland. The Irish case echoes historical experiences elsewhere and is offered not as an exceptional or extreme case but as an in-depth single case study and a lens for comparison. Although contemporary forms and combinations of conditionalities are new to Ireland, the experience of multiple conditionalities in benefits and housing is not new. Hence, a historical perspective is used to examine contemporary multiple conditionalities in benefits and housing. In the past, conditional regimes for lone parents were justified in terms of moral reformation for first time mothers and avoiding moral contagion of mothers with subsequent pregnancies. In contemporary times, in the case of employment, lone parents are problematised as working part-time and “nesting” on in-work-benefits, and in the case of homelessness, lone parents who prioritise the security of tenure embedded in social housing are accused of “gaming” the system. While acknowledging ambiguities, the paper finds the overlap of welfare and housing discourses contribute, intentionally or unintentionally, to epistemological foundations or understandings of lone parents, shifting public perceptions, and framing them as “problems” to be solved. They simultaneously temper lone parents' expectations. Increased precarity and disempowerment is associated with dual conditionality, and ontological uncertainty is multiplied when experienced cumulatively across employment, social protection, and housing regimes in a context of generally poor public services and labour market precarity and in the historical context of stigmatisation. Nonetheless, lone parents demonstrate considerable agency.  相似文献   

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The belief that elected officials are most responsive to the opinions of the wealthiest members of society is often assumed but has only recently begun to be tested. This paper examines a common explanation for why this disparity in political representation occurs: wealthy citizens vote at much higher rates than citizens with low incomes. Utilizing variation across states in voter turnout levels among the rich and poor, there is little evidence that increased voting among citizens with low incomes improves representation of their political opinions in the Senate. These findings cast doubt on the proposition that increased voter turnout among the poor is an avenue for promoting greater political equality in the United States.  相似文献   

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Lone parents and their children are the biggest group at risk of living in poverty in Ireland, and activation is regarded as the solution to this problem by policymakers. While workfare requirements are now placed on lone parents whose youngest child is aged 14 or over, we question the capacity of the current activation policy to deliver an adequate income for these families. Drawing on evidence from other countries and the current Irish context, we argue that the absence of tailored support for lone parents, low levels of educational attainment, difficulties with childcare, the efficacy of financial supports to provide income adequacy and the failure to take into consideration their parenting responsibility mean that the implementation of the policy is fraught with difficulty.  相似文献   

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This study explored Australian federal level policy instruments which influence and impact on women’s reproductive choices and the consequences of those choices. A systematic policy search and mapping exercise was undertaken. Eighteen policy instruments were identified at the Federal level and were explored through a policy framework and thematic analysis. Findings indicate there are multiple layers of influence on women’s reproductive choices and the consequences of those choices, and the policy instruments interact in multiple dynamic, interconnected and contextual ways. Yet, they also lack cohesion and congruency, failing to account for women’s life circumstances while at the same time shifting the promoted position for women in each policy instrument. The policy instruments seek to regulate, control and selectively support women’s reproduction while simultaneously silencing, marginalising and reprimanding some groups of women.  相似文献   

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This article explores the following question: To what extent are good governance principles being institutionalised in China as a result of public–private partnerships (PPP) policy transfer? Since 2013, China has been pursuing PPP and applying aspects of related good governance drawing from Western experience despite its radically different fragmented authoritarian regime. This makes China a unique case to observe the extent to which good governance principles can be institutionalised in very different contexts. This article assesses the degree of institutionalisation of three good governance principles that guide PPP policy elsewhere: transparency and accountability, willingness to collaborate and equity between partners. It argues that while the PPP policies have been applied extensively in recent years, these good governance principles have been institutionalised to varying degrees as they have had to be adapted and compromised to fit with existing power relations in authoritarian China. The findings aim to add value to the literature regarding PPP policy transfer and good governance, by revealing the challenges of institutionalising good governance principles through PPP policy transfer in an alien context.  相似文献   

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Despite active labour market policies being implemented to increase the skills and job opportunities of the unemployed, the number of people who do not participate in training and other services of job orientation remains high. By providing a model that studies the decision-making process of a potential participant, we hypothesise there is a behavioural motive behind it. An experiment is carried out to account for both the individual's preference and the social expectations of agents such as the government and her peers with respect to active occupational measures. Findings show that young unemployed individuals are significantly influenced by their peers when deciding whether to participate or not in a training programme. Particularly, negative expectations from the peers cause unemployed potential participants in a within- and between-subjects experiment to be, respectively, 33 and 42 percentage points less likely to take part in job training.  相似文献   

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This study explores the influences of neoliberalism on the design and operation of regulation policy in the Australian trucking sector. It examines the introduction of a programme of voluntary self-regulation and considers why despite known weaknesses, regulators persist with such policy reforms. The study draws on qualitative research involving representatives of policy and regulatory agencies as well as industry participants. The analysis examines the role of markets in directing truck operator interest towards public policy compliance objectives. This generates a diversity of responses from firms ranging from willing compliance to deceptive ritualism. The findings reveal how voluntary self-regulation appeals to some segments of industry and how in this case it also signals a shift in regulatory culture, facilitating a new and more engaging dialogue between industry and regulators around compliance and safety concerns. This study shows that advances in industry-regulator engagement help explain why neoliberal policy influences are often readily embraced by regulatory agencies. Here, we see how programmes of voluntary self-regulation present both symbolic and substantive value for key policy actors.  相似文献   

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There is general agreement that Australia weathered the Global Financial Crisis (GFC) better than many other advanced countries. There is less agreement as to why. In popular discussion, fiscal policy and continued strong export demand have been championed, with less support for monetary policy. But there is little formal empirical work which disentangles the relative contributions of these three factors. It is the purpose of this paper to make a start in this direction. It does so within the framework of a small vector-autoregressive model. The main finding is that the three factors together actually exacerbated the effects of the GFC on average over the 2009–2011 period, with most of the blame falling on fiscal policy. This seemingly anomalous finding is further explored and explained by households’ response to cash hand-outs which were saved and not spent; indeed, it is conjectured that they took cash hand-outs and government predictions of doom as indicators that bad times were ahead and saved rather than spent in response.  相似文献   

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