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How economic growth impinges on income inequalities?

Alves, José; Coelho, José Carlos; Roxo, Alexandre - 2022

the relationship between economic growth and income inequalities. The main objective is to understand how the GDP and GNI … per capita affect income inequality and how they differ. The results suggest a U-shaped relationship of both measures of … economic growth with the market and disposable Gini indexes, the Palma and S80S20 ratios, and the income of the wealthier 10 …

Persistent link: https://www.econbiz.de/10013473321

Optimal threshold taxation : an empirical investigation for developing economies

Menescal, Lucas; Alves, José - 2022

with real per capita GDP growth rates for 43 developing countries between 1990 and 2019. We use panel data techniques to … evaluate the effects of taxation on economic growth for both short and long run perspectives, and to find optimal tax threshold … about policies focused on raising certain tax revenues, as a percentage of GDP, without hampering economic growth. …

Persistent link: https://www.econbiz.de/10013255645

Economic growth and endogenous fiscal policy : in search of a data consistent general equilibrium model

Malley, James R.; Philippopulos, Apostolēs - 2000

This paper searches for a general equilibrium model of optimal growth and endogenous fiscal policy with the aim of …

Persistent link: https://www.econbiz.de/10009781505

To consolidate or not to consolidate? : a multi-step analysis to assess needed fiscal sustainability

Afonso, António; Alves, José; Jalles, João Tovar - 2022

We assess the specific need (or its absence) of a country to implement a fiscal consolidation programme by focusing specifically on their degree of success, notably in terms of fiscal sustainability. The "need" to consolidate is based on having a primary balance above or below the...

Persistent link: https://www.econbiz.de/10012938962

Does government spending efficiency improve fiscal sustainability?

Afonso, António; Alves, José - 2022

commitment of increased government outputs can lead to higher economic growth and the generation of additional government …

Persistent link: https://www.econbiz.de/10013187684

Beyond the centre : tracing decentralization’s influence on time-varying fiscal sustainability

Afonso, António; Alves, José; Jalles, João Tovar; … - 2024

This paper explores the nuanced relationship between fiscal decentralization and fiscal sustainability. Employing panel data analyses, it scrutinizes how decentralization influences fiscal discipline across different governmental levels. Results for 185 countries show that while tax...

Persistent link: https://www.econbiz.de/10014543839

Determinants of the degree of fiscal sustainability

Afonso, António; Alves, José; Coelho, José Carlos - 2023

We assess the link between fiscal sustainability coefficients, namely the responses of the primary government balance and the global government balance to the debt-to-GDP ratio, and the response of government revenues to government expenditures. For 22 OECD developed countries we use annual data...

Persistent link: https://www.econbiz.de/10013494178

Sovereign risk dynamics in the EU : the time varying relevance of fiscal and external (im)balances

Afonso, António; Alves, José; Monteiro, Sofia - 2024

Acknowledging the potential detrimental impact that twin-deficits may have on sovereign risk, this study uses a two-step approach to assess the impact of fiscal and external sustainability on sovereign risk dynamics for a panel of 27 European Economies between 2001Q4 and 2022Q3. To do so, we...

Persistent link: https://www.econbiz.de/10014486806

Fiscal sustainability and the role of inflation

Afonso, António; Alves, José; Matvejevs, Oļegs; … - 2023

We examine the relationship between inflation and fiscal sustainability with a two-step approach. In the first step, we estimate to estimate a country-specific time-varying measure of fiscal sustainability using the fiscal reaction function. This function captures the response of the primary...

Persistent link: https://www.econbiz.de/10014444867

The pressure is on : how geopolitical tensions impact institutional fiscal and external stability responses

Afonso, António; Alves, José; Monteiro, Sofia - 2024

In this article, we study the effects of geopolitical risks and world uncertainty on time-varying fiscal and external sustainability coefficients. We use Schlicht’s (2021) methodology to estimate time-varying fiscal and external sustainability coefficients for the EU for 27 economies between...

Persistent link: https://www.econbiz.de/10014517944