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Decentralizing Spending More Than Revenue; Does it Hurt Fiscal Performance?

Eyraud, Luc; Lusinyan, Lusine - International Monetary Fund (IMF) - 2011

In many countries the decentralization of spending responsibilities has outpaced the decentralization of revenue powers. Sub-national governments have then to rely on transfers from the center and borrowing to finance their spending. When this occurs, we find that the overall fiscal deficit...

Persistent link: https://www.econbiz.de/10009327869

Rethinking monetary and fiscal policy in the post-COVID euro area : in-depth analysis requested by the ECON committee

Bonatti, Luigi; Fracasso, Andrea; Tamborini, Roberto - Europäisches Parlament / Policy Department for … - 2020

Persistent link: https://www.econbiz.de/10012511750

Unconventional policy instruments and transmission channels : a state-contingent toolbox for the ECB : in-depth analysis requested by the ECON committee

Bonatti, Luigi; Fracasso, Andrea; Tamborini, Roberto - Europäisches Parlament / Policy Department for … - 2021

Persistent link: https://www.econbiz.de/10012589677

Monetary and fiscal spillovers across the Atlantic : the role of financial markets : in-depth analysis requested by the ECON committee

Bonatti, Luigi; Fracasso, Andrea; Tamborini, Roberto - Europäisches Parlament / Policy Department for … - 2021

Persistent link: https://www.econbiz.de/10012619408

What to expect from inflation expectations : theory, empirics and policy issues : in-depth analysis requested by the ECON committee

Bonatti, Luigi; Fracasso, Andrea; Tamborini, Roberto - Europäisches Parlament / Policy Department for … - 2022

Persistent link: https://www.econbiz.de/10013283875

Inflation expectations : models and measures : in-depth analysis requested by the ECON committee

Alcidi, Cinzia; Gros, Daniel; Shamsfakhr, Farzaneh - Europäisches Parlament / Policy Department for … - 2022

Persistent link: https://www.econbiz.de/10013283879

Is high inflation the new challenge for central banks? : in-depth analysis requested by the ECON committee

Bonatti, Luigi; Tamborini, Roberto - Europäisches Parlament / Policy Department for … - 2021

Persistent link: https://www.econbiz.de/10012884563

Tackling global inflation at a time of radical uncertainty : study requested by the ECON Committee

Bonatti, Luigi; Fracasso, Andrea; Tamborini, Roberto - Europäisches Parlament / Policy Department for … - 2022

Persistent link: https://www.econbiz.de/10013471107

Global energy price inflation with a European twist : in-depth analysis requested by the ECON Committee

Gros, Daniel; Shamsfakhr, Farzaneh - Europäisches Parlament / Policy Department for … - 2022

Persistent link: https://www.econbiz.de/10013471112

The TPI : protecting the transmission mechanism or managing spreads? : in-depth analysis requested by the ECON Committee

Angeloni, Ignazio; Gros, Daniel; Shamsfakhr, Farzaneh - Europäisches Parlament / Policy Department for … - 2022

Persistent link: https://www.econbiz.de/10014304457