that the current EU budget setting is, at best, neutral with respect to the EU-wide long-term growth potential and may …This paper analyses the European budget and the position of the ten new member states. We argue that the EU budget … should be reconsidered, as the Union has expanded to 27 member states and has become more heterogeneous. The budget …

This paper presents an analysis of the effect of bureaucratic corruption on economic growth through a public finance … seigniorage finance. This leads to an increase in inflation which, in turn, reduces capital accumulation and growth. At the … of the government's budget constraint, we find strong evidence to support these predictions under different estimation …

This paper analyses the effect of federalism on fertility and growth. In a model with human capital accumulation and … find that local education finance yields higher growth at the price of increased inequality. Aggregate fertility may be …

fiscal policy's bias toward budget deficit only temporarily ceased at the end of the 20th century as European countries … the EU's Stability and Growth Pact, suffer from the same endogeneity flaw. Consequently, we argue that a fiscal rule must …

well as for peace, growth and welfare in that area, nothing has been decided so far for the financing of internationally …