Zobrazeno 1 - 10
of 596
pro vyhledávání: '"jel:H60"'
Autor:
COSIMO MAGAZZINO
Publikováno v:
Scopus-Elsevier
The relationship between public expenditure and aggregate income has long been debated in economic literature. According to Wagner, expenditure is an endogenous factor or an outcome. On the other hand, Keynes considered public expenditure as an exoge
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::2f8b6d9e34153b85933bf8351390e1d2
Autor:
Kazumasa Oguro, Ryo Ishida
Publikováno v:
Japan and the World Economy. 47:51-57
This paper constructs an overlapping generations model in order to demonstrate low political intervention and interaction in the working and retired generations affect the allocation rate in future growth-stimulating public investment and the public
Autor:
Stephen B. Kaplan
Publikováno v:
Latin American Research Review, Vol 53, Iss 1, Pp 19-37 (2018)
Political economy theory expects that changes in macroeconomic governance are often catalyzed by institutional factors, such as partisanship, elections, or International Monetary Fund (IMF) conditionality. I challenge and contextualize this view by i
Autor:
Lars P. Feld, Heiko T. Burret
Publikováno v:
International Tax and Public Finance. 25:673-721
Formal fiscal rules have been introduced in many countries throughout the world. While most studies focus on the intra-jurisdictional effects of fiscal rules, vertical effects on the finances of other levels of government have yet to be explored thor
Autor:
Ana Paula Ribeiro, Miguel Viegas
Publikováno v:
Macroeconomic Dynamics. 20:1146-1173
This paper aims at characterizing the debt-consolidation processes put forward by some European countries in order to assess welfare and, in particular, the inequality effects involved. For this purpose, we built a general equilibrium heterogeneous-a
Publikováno v:
Repositório Científico de Acesso Aberto de Portugal
Repositório Científico de Acesso Aberto de Portugal (RCAAP)
instacron:RCAAP
Repositório Científico de Acesso Aberto de Portugal (RCAAP)
instacron:RCAAP
We use a threshold VAR analysis to study whether the effects of fiscal policy on economic activity differ depending on financial market conditions. In particular, we investigate the possibility of a non-linear propagation of fiscal developments accor
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::b6414015dc674771f4b9e8ba72c4d1dc
Autor:
Michael R. Wickens, Vito Polito
Publikováno v:
Polito, V & Wickens, M 2015, ' Sovereign credit ratings in the European Union : a model-based fiscal analysis ', European Economic Review, vol. 78, pp. 220-247 . https://doi.org/10.1016/j.euroecorev.2015.05.009
We present a model-based measure of sovereign credit ratings derived solely from the fiscal position of a country: a forecast of its future debt liabilities, and its potential to use fiscal policy to repay these. We use this measure to calculate cred
Autor:
Manoel Bittencourt
Publikováno v:
Emerging Markets Finance and Trade. 51:463-472
We investigate in this paper what are the main determinants of government and external debt in South America. Our sample purposely includes all nine South American countries that re-democratised in the last thirty years or so, and the data cover the
Publikováno v:
Economic Review. (ii):81-109
In contrast to monetary policy, the fiscal policy of the euro area countries has remained a national competence. Since it is important for the countries belonging to the Economic and Monetary Union to aim at fiscal discipline, the Maastricht Treaty a
Autor:
P. Bisciari, B. Eugène, W. Melyn, R. Schoonackers, P. Stinglhamber, L. Van Meensel, S. Van Parys
Publikováno v:
Economic Review. (i):76-99
The article compares the fiscal consolidation effort currently being made in Belgium with two other periods of consolidation : the first in the 1980s and a second one in the 1990s. In the first part, the periods of budget restructuring are determined