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Persistent link: https://www.econbiz.de/10000863771
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This paper provides a model-based account of the forces shaping the dynamics of government spending in the industrialized democracies over the past few decades. The principle argument is that both short-term and long-term forces have been at work in the evolution of government spending in these...
Persistent link: https://www.econbiz.de/10009702722
We investigate empirically the effect of government purchases on unemployment in 20 OECD countries, for the period 1960-2007. Compared to earlier studies we use a data set with more variation in unemployment, and which allows for controlling for a host of factors that influence the effect of...
Persistent link: https://www.econbiz.de/10013124098
This paper investigates the impact of fiscal policy on profits using panel data for 19 high-income OECD countries during the period 1975-1999. We estimate a profit equation in which profits depend on a set of fiscal variables. Our empirical method is based on a consistent treatment of the...
Persistent link: https://www.econbiz.de/10013154254
This paper attempts to identify the effect of fiscal decentralization on public sector efficiency (PSE). We employ data envelopment analysis on a panel of 21 OECD countries over the period 1970-2000 to construct two alternative PSE indicators that reflect the governmental goals of economic...
Persistent link: https://www.econbiz.de/10012770638