nep-ppm New Economics Papers
on Project and Portfolio Management
Issue of 2007‒01‒06
three papers chosen by
Arvi Kuura
Parnu College - Tartu University

  1. Making Fiscal Space Happen: Managing Fiscal Policy in a World of Scaled-Up Aid By Xavier Debrun; Theo Thomas; Taline Koranchelian; Isabell Adenauer; Peter S. Heller; Menachem Katz
  2. Beautiful Serbia By Holger Bonin; Ulf Rinne
  3. Satisfied Workers, Retained Workers: Effects of Work and Work Environment on Homecare Workers' Job Satisfaction, Stress, Physical Health, and Retention By Isik U. Zeytinoglu; Margaret Denton

  1. By: Xavier Debrun; Theo Thomas; Taline Koranchelian; Isabell Adenauer; Peter S. Heller; Menachem Katz
    Abstract: Debt relief and the scaling up of aid to low-income countries should allow for greater fiscal space for expenditure programs to create long-term growth and lower poverty rates. But designing a suitable medium-term fiscal framework that fosters a sustainable delivery of better public services and infrastructure while maintaining a credible commitment to fiscal prudence confronts many challenges. This paper discusses what low-income countries can do to shape fiscal policy frameworks that are ambitious in trying to absorb additional aid while still ensuring longer-term sustainability for government expenditure programs and finances. It suggests what approaches can be used to manage the greater fiscal policy risks associated with a scaled-up aid environment, including coordination with monetary policy. The paper also discusses what institutional changes are needed if donors and countries are to facilitate the implementation of a higher level of aid-financed spending programs.
    Keywords: Aid , fiscal policy , low-income countries , macroeconomic policy , public financial management , Economic assistance , Fiscal policy , Low income developing countries , Economic policy , Public finance ,
    Date: 2006–12–08
  2. By: Holger Bonin (IZA and DIW Berlin); Ulf Rinne (IZA and Free University of Berlin)
    Abstract: The paper studies the causal impact of participation in an active labor market program - the ‘Beautiful Serbia’ program providing training and temporary work in the construction sector in Serbia and Montenegro - on measures of subjective well-being approximating individual welfare. According to our estimates, the positive impact of this particular program appears much stronger judged by subjective well-being than judged by the immediate labor market effect.
    Keywords: subjective well-being, program evaluation, Serbia and Montenegro
    JEL: J68 H43 P27
    Date: 2006–12
  3. By: Isik U. Zeytinoglu; Margaret Denton
    Abstract: The goal of this project was to assist health system managers and policy makers develop policies and strategies to recruit and retain human resources in the homecare sector and have a satisfied, healthy workforce. The overall research question was: How do the work characteristics of homecare workers and the work environment in homecare contribute to job satisfaction, stress, physical health, and retention? The research is designed as a mixed-method approach with both qualitative and quantitative data. Results showed that restructuring and organizational change in the homecare sector has contributed to both mental and physical health problems (including job stress and musculoskeletal disorders), job dissatisfaction, and retention problems. Factors that contribute to higher levels of satisfaction and the propensity to stay with the organization include organizational and peer support, working one-on-one with clients, doing emotional labour (that is, the work involved in dealing with other people’s feelings), and satisfaction with schedules, pay, and benefits. This study also examined the association between job flexibility and job insecurity and self-reported musculoskeletal disorders and found no relationship between these variables and musculoskeletal disorders.
    Keywords: home care workers, job satisfaction, retention
    JEL: I11 J22
    Date: 2006–12

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