Showing 1 - 9 of 9
Persistent link: https://www.econbiz.de/10010359872
growth, real wages and the supply of public services. Senegal does not need, however, to undertake such difficult fiscal …
Persistent link: https://www.econbiz.de/10014411199
We analyze the medium-term macroeconomic impact of the Covid-19 pandemic and associated lock-down measures on low-income countries. We focus on the impact over the medium-run of the degradation of health and human capital caused by the pandemic and its aftermath, exploring the trade-offs between...
Persistent link: https://www.econbiz.de/10013170278
policy programs and their impact on labor market outcomes, inequality, and poverty. The paper illustrates the model …We introduce a new suite of macroeconomic models that extend and complement the Debt, Investment, and Growth (DIG …'s properties by analyzing the growth, debt, and distributional consequences of big-push public investment programs with different …
Persistent link: https://www.econbiz.de/10012252029
We examine whether US and German state governments pursue sustainable fiscal policies taking into account fiscal transfers. Using panel data techniques we investigate whether the debt-to-GDP ratio had a positive influence on the primary surplus (Bohn-model). We show that including/excluding...
Persistent link: https://www.econbiz.de/10010260027
Fiscal sustainability tests have largely ignored the institutional setting of fiscal policy making. Fiscal equalization schemes in federal states are one such institution. We examine whether German state governments pursue sustainable fiscal policies taking into account fiscal equalization...
Persistent link: https://www.econbiz.de/10009630670
We investigate how protectionist policies influence economic growth. Our empirical strategy exploits an extraordinary … economic growth in Sweden can be compared. We do not find evidence suggesting that protectionist policies influenced economic … growth and examine channels why. Tariffs increased government revenue. However, the results do not suggest that the …
Persistent link: https://www.econbiz.de/10012387616
-2014 and examine how austerity is associated with economic growth. The results show that depending on how austerity is measured …
Persistent link: https://www.econbiz.de/10011997341
We examine how fiscal rules influence economic growth. The results show that constitutional fiscal rules promoted … growth from the Industrial Revolution until World War II (1789-1950) and also increased modern economic growth (1985 … rules also increased economic growth at the sub-national level. …
Persistent link: https://www.econbiz.de/10012219378