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"We explore the role of government in the nexus of finance and trade starting from the earliest days of organised finance in England and then broadening the analysis to 84 countries from 1960 to 2004. For 18th century England, we find that the government expenditures and international trade did...
Persistent link: https://www.econbiz.de/10008702266
This working paper describes how the IFS's model of the UK's long-run public finances (and those of its constituent nations) is constructed. Our model projects tax revenues, public spending and hence public borrowing and debt up to 2062-63. This is done for the UK as a whole and also separately...
Persistent link: https://www.econbiz.de/10010203471
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The European Central Bank is unique in setting monetary policy for several sovereign states with heterogeneous debt levels and different maturity structures. The monetary-fiscal nexus is central to the functioning of the euro area. We focus on one particular aspect of that nexus, the effect the...
Persistent link: https://www.econbiz.de/10013537713
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Abstract: Der Band enthält 21 Beiträge namhafter Autoren zu „klassischen“ wie aktuellen Themen aus den Disziplinen Öffentliche Finanzen und Gesundheitsökonomie, die Klaus-Dirk Henke in seinem schaffensreichen akademischen Arbeitsleben vertritt. In Teil I Öffentliche Finanzen werden die...
Persistent link: https://www.econbiz.de/10011674692