Search Results - subject:"Fiscal Deterioration"

Assessing long-term fiscal developments - a new approach

Afonso, António; Agnello, Luca; Furceri, Davide; … - 2009

We use a new approach to assess long-term fiscal developments. By analyzing the time varying behaviour of the two components of government spending and revenue - responsiveness and persistence - we are able to infer about the sources of fiscal behaviour. Drawing on quarterly data we estimate...

Persistent link: https://www.econbiz.de/10011605078

Assessing Long-Term Fiscal Developments: a New Approach

Afonso, António; Agnello, Luca; Furceri, Davide; … - Núcleo de Investigação em Políticas Económicas … - 2009

We use a new approach to assess long-term fiscal developments. By analyzing the time-varying behaviour of the two components of government spending and revenue – responsiveness and persistence – we are able to infer about the sources of fiscal behaviour. Drawing on quarterly data we estimate...

Persistent link: https://www.econbiz.de/10005771641

Assessing long-term fiscal developments - a new approach

Afonso, António; Agnello, Luca; Furceri, Davide; … - European Central Bank - 2009

Persistent link: https://www.econbiz.de/10005002768

Assessing Long-Term Fiscal Developments: Evidence from Portugal

Sousa, Ricardo M.; Afonso, António - Núcleo de Investigação em Políticas Económicas … - 2009

recursively estimate two components of fiscal policy - responsiveness and persistence - and to infer about the sources of fiscal … deterioration (improvement). The results suggest that: (i) government spending exhibits higher persistence than government revenue …

Persistent link: https://www.econbiz.de/10005572441

Assessing long-term fiscal developments: A new approach

Afonso, António; Agnello, Luca; Furceri, Davide; … - In: Journal of International Money and Finance 30 (2011) 1, pp. 130-146

, we are able to infer about the sources of fiscal deterioration (improvement). Drawing on quarterly data, we estimate …

Persistent link: https://www.econbiz.de/10008865662

Assessing Long-Term Fiscal Developments: Evidence from Portugal

Afonso, António; Sousa, Ricardo M. - ISEG - School of Economics and Management, Department … - 2009

recursively estimate two components of fiscal policy – responsiveness and persistence – and to infer about the sources of fiscal … deterioration (improvement). The results suggest that: (i) government spending exhibits higher persistence than government revenue …

Persistent link: https://www.econbiz.de/10005184986