higher growth. Our analysis accommodates costly signaling for gaining credibility and also assigns a novel role to spending …

growth enhancing tax and expenditure reform. We quantitatively illustrate that this reform based strategy, by … reapingsubstantial efficiency gains and inducing strong growth, eliminates the Covid debt, protects per capita social entitlements and …

This paper empirically studies whether it pays off (in terms of economic growth) to fulfill the convergence criteria on … show that growth is higher if the debt to GDP ratio is below 60 % compared to values above it. Moreover, a comparison with … European economies outside the Euro-zone shows higher growth values for Euro-members than for the control group. Regression …

-2014 and examine how austerity is associated with economic growth. The results show that depending on how austerity is measured …

average tax rate, not only with respect to its long-run level, but also during periods of decreasing economic growth. Further …

growth rate of the economy. The paper examines the ramifications of debt financing at low interest rates. Given the short …