http://hdl.handle.net/2268.2/1110 Sat, 06 Jun 2026 16:52:43 GMT 2026-06-06T16:52:43Z http://hdl.handle.net/2268.2/2686 Title: The reduced rate of VAT in Luxembourg : Does it help the poor? Abstract: The thesis analyzes the distributional effect of the reduced VAT rate in Luxembourg on the poor. Its hypothesis states that the use of differentiation in the VAT structure in order to pursue distributional objectives is less effective in Luxembourg due to the well-developed social security and direct tax system. The results of the empirical analysis show that, despite the correct allocating of the reduced VAT rates on the specific goods to help the poor, the small regressivity of the VAT, the decreasing differences in the relative spending on reduced rated goods and the disproportional cost benefit for the rich make the reduced VAT rate less efficient to improve equity. The overall conclusion is as follow: The current VAT system in Luxembourg is primarily a source of income that finances partially the social welfare system. As a result it could help, if at all, the poor only indirectly. Sun, 18 Jun 2017 22:00:00 GMT http://hdl.handle.net/2268.2/2686 2017-06-18T22:00:00Z http://hdl.handle.net/2268.2/1896 Title: The debt-growth relation in central-western Europe in a new economic and financial era Abstract: L’objet de cette thèse est d’inclure les problèmes liés à la dette implicite des pensions au débat sur la croissance économique et les taux d’endettement public élevés. L’impact de la dette publique explicite et implicite sur la croissance économique est étudié dans les six pays fondateurs de l’Union Européenne sur une période récente, de 1995 à 2015. La méthodologie employée est basée sur le modèle de croissance néo-classique de Solow. La dette implicite est évaluée sur base des dépenses publiques de pensions courantes et l’espérance de vie moyenne des pensionnés dans chaque pays. Afin d’apprécier des relations non-linéaires, la méthode des régressions quadratiques est employée. Les résultats de cette étude confirment la présence d’un effet linéaire négatif de la dette publique explicite sur la croissance économique pour les niveaux de dette inférieurs à 90% du PIB. L’analyse portant sur la dette implicite ne présente aucun résultat significatif. Malgré tout, ces régressions permettent d’améliorer les écarts-type par rapport aux régressions sur base de la dette explicite. En outre, les statistiques descriptives permettent d’appuyer l’importance et l’ampleur de la dette implicite des pensions. Afin d’améliorer les résultats, il est recommandé d’étendre les bases de données dans le futur et d’approfondir les recherches en matière de la dette implicite. Mon, 05 Sep 2016 22:00:00 GMT http://hdl.handle.net/2268.2/1896 2016-09-05T22:00:00Z http://hdl.handle.net/2268.2/1866 Title: Analysis of the Ethiopian Growth Model Abstract: The master thesis examines the factors that make the Ethiopian growth model so successful in delivering a decade-long, double digit growth rate, thereby raising citizens’ income and living standards. It also assesses to which extent the growth model is able to sustain growth, particularly in a global uncertainty. The approach taken for the model review has been to assess if its development path was in line with the classical growth path and to conduct a benchmarking with the model of newly industrialized economies. Our findings indicate that what stands the Ethiopian growth model apart is its capacity to address the challenge of industrialization. As for growth sustainability, there are good reasons to believe in the capacity of the current economic fundamentals to help secure another period of high growth. However, the willingness of the leadership to adjust the model en-route and learn from newly industrialized economies will be decisive for growth to be sustained. Mon, 05 Sep 2016 22:00:00 GMT http://hdl.handle.net/2268.2/1866 2016-09-05T22:00:00Z http://hdl.handle.net/2268.2/1864 Title: Les facteurs d'évolution des dépenses publiques. Application au cas de la Belgique Abstract: This master thesis deals with the evolution of the public spending by means of the study of economic theories and the observation of public finances in Belgium and in different European countries. For this purpose, we will first have a look at the public debt and expenditures of the relevant countries. We will develop the different types of government spending for the years 2013. The third part of this dissertation will lead us to expose the factors that have contributed to the degradation of the public finances and will include the periods and the measures of fiscal consolidation taken in Belgium. To sum up, we will analyse the measures of fiscal consolidation in Germany and in the Netherlands and we will compare them with those implemented in Belgium. Mon, 05 Sep 2016 22:00:00 GMT http://hdl.handle.net/2268.2/1864 2016-09-05T22:00:00Z