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Partisan fiscal policy : evidence from Central and Eastern Europe

Schneider, Ondřej - 2019

This paper examines effects of political ideology of a governing party on fiscal outcomes, using data from eight Central and Eastern European countries in the 2001-2017 period. The analysis shows that there is a statistically significant effect of conservative governments on fiscal variables,...

Persistent link: https://www.econbiz.de/10012157827

What are their words worth? : Political plans and economic pains of fiscal consolidations in new EU member states

Zápal, Jan (contributor); Schneider, Ondřej (contributor) - 2006

In this paper, we track fiscal authority behaviour in the ten new EU member states (NSM) in the period which immediately preceded their EU accession. We first present basic stylized facts about public budgets of those countries. The paper then analyses reasons which led to periods of fiscal...

Persistent link: https://www.econbiz.de/10003301003

Fiscal policies and business cycles in an enlarged euro area

Stæhr, Karsten (contributor) - 2007

Persistent link: https://www.econbiz.de/10003496514

Fiscal policy in new EU member states : go East, prudent man!

Schneider, Ondřej (contributor); Zápal, Jan (contributor) - 2005

The European Union (EU) accepted ten new member states (NMS) in 2004. These countries, mostly former socialist countries, have had to adjust their economic policies to the EU’s standards. Perhaps most difficult has proven to be fiscal policy whereby NMS must comply with the Stability and Growth...

Persistent link: https://www.econbiz.de/10003110155

Hitting and hoping? : meeting the exchange rate and inflation criteria during a period of nominal convergence

Lewis, John (contributor) - 2007

Persistent link: https://www.econbiz.de/10003463137

Macroeconomic policy making, exchange rate adjustment and current account imbalances in emerging markets

Duarte, Pablo; Schnabl, Gunther - 2014

Since a series of crisis events after 2007, the discussion about the adjustment channels of current account imbalances has been revived. We discuss the effectiveness of exchange rates versus macroeconomic policies to rebalance current accounts for a set of 86 mainly emerging market economies. We...

Persistent link: https://www.econbiz.de/10010431297

Growing together : Croatia and Latvia

Thorvaldur Gylfason; Hochreiter, Eduard - 2010

We compare and contrast the economic growth performance of Croatia and Latvia since the collapse of communism in 1991 … governance, and institutional reforms have played a significant role in raising economic output and efficiency in both Croatia … and Latvia. The EU perspective made a more significant contribution to growth in Latvia than in Croatia, even if Latvia …

Persistent link: https://www.econbiz.de/10008697476

Old-age provision in transition : the case of Croatia

Werding, Martin; Primorac, Marko - 2016

The Croatian system of old-age provision comprises a traditional public pay-as-you-go scheme and a mandatory funded scheme ("second pillar") that will provide increasing amounts of supplementary pensions to those entering retirement in the future. Due to the continuing economic crisis, the...

Persistent link: https://www.econbiz.de/10011429587

Trade, wages, and profits

Egger, Hartmut; Egger, Peter; Kreickemeier, Udo - 2012

This paper formulates a structural empirical model of heterogeneous firms whose workers exhibit fair-wage preferences, leading to a link between a firm's operating profits and wages of workers employed by this firm. We estimate the parameters of the model in a data-set of five European...

Persistent link: https://www.econbiz.de/10009581985

EU enlargement, migration and the new constitution

Sinn, Hans-Werner (contributor) - 2004

The paper deals with the effects of migration resulting from EU Eastern enlargement on the welfare states of Western Europe. Although migration is good in principle, as it yields gains from trade and specialization for all countries involved, it does so only if it meets with flexible labour...

Persistent link: https://www.econbiz.de/10002523041