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Efectos del proceso de integración europeo sobre la composición funcional del gasto público
Sanz Labrador, Ismael; Velázquez Angona, Francisco J. - In: Papeles de economía española 91 (2002), pp. 46-59
Persistent link: https://www.econbiz.de/10001660053
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Is Europe an optimal political area?
Alesina, Alberto; Tabellini, Guido Enrico; Trebbi, Francesco - 2017
within the EU and how this changed between 1980 and 2008. We present several novel empirical regularities that paint a … heterogeneity within member states themselves, or in well functioning federations such as the US, cultural diversity across EU …
Persistent link: https://www.econbiz.de/10011653722
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Real Convergence in Central, Eastern and South-Eastern Europe
Żuk, Piotr; Savelin, Li - 2021
EU economies between 2000 and 2016. The relevance of this topic stems both from the far-reaching implications of real …
Persistent link: https://www.econbiz.de/10013315414
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Economic growth and budgetary components : a panel assessment for the EU
Afonso, António (contributor);  … - 2008
In this paper we test whether a reallocation of government budget items can enhance long-term GDP growth in a set of European countries. We apply modern panel data techniques to the period 1970-2006, and we use three alternative dependent variables in a growth regression: economic growth, total...
Persistent link: https://www.econbiz.de/10003636014
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Government size, composition, volatility and economic growth
Afonso, António (contributor); Furceri, Davide (contributor) - 2008
and EU countries. The results of the paper suggest that both variables are detrimental to growth. In particular, looking …
Persistent link: https://www.econbiz.de/10003636033
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What do we really know about fiscal sustainability in the EU? : a panel data diagnostic
Afonso, António (contributor);  … - 2008
Persistent link: https://www.econbiz.de/10003641707
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Fiscal consolidation in the euro area : long-run benefits and short-run costs
Coenen, Günter (contributor); Mohr, Matthias (contributor);  … - 2008
In this paper, we examine the macroeconomic effects of alternative fiscal consolidation policies in the New Area-Wide Model (NAWM), a two-country open-economy model of the euro area developed at the European Central Bank (cf. Coenen et al., 2007). We model fiscal consolidation as a permanent...
Persistent link: https://www.econbiz.de/10003778833
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Fiscal and monetary policy in the enlarged European Union (forthcoming)
Pogorelec, Sabina (contributor) - 2006
I build a quantitative two-country DSGE model of the European Union (EU) and investigate whether there are welfare … gains from fiscal policy cooperation between the new EU members and the euro area (EMU). Fiscal cooperation is defined in … firms in the new EU countries. When there is no foreign ownership in the new EU countries, the euro area is indifferent …
Persistent link: https://www.econbiz.de/10003358603
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Fiscal policy in a monetary economy with capital and finite lifetime
Annicchiarico, Barbara (contributor);  … - 2006
This paper develops a dynamic stochastic general equilibrium model with nominal rigidities, capital accumulation and finite lifetimes. The framework exhibits intergenerational wealth effects and is intended to investigate the macroeconomic implications of fiscal policy, which is specified by...
Persistent link: https://www.econbiz.de/10003358633
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Economic, political and institutional determinants of budget deficits in the European Union
Bayar, Ali H.; Smeets, Bram - 2009
Using an extended data set of EU countries ranging from 1971-2006 and relevant econometric methods, we investigate the … economic, political, and institutional determinants of government deficits in the EU. The results show a strong opportunistic …
Persistent link: https://www.econbiz.de/10003831961