Narrow search
Showing 1 - 10 of 134
Cover Image
The impact of macroeconomic policies on the growth of public health expenditure : an empirical assessment from the Indian states
Behera, Deepak Kumar; Dash, Umakant - In: Cogent economics & finance 6 (2018) 1, pp. 1-21
The impact assessment of macroeconomic policies on public health expenditure is very relevant in Indian economy because of tax reform, fiscal consoli- dation, and expenditure policy reform. These have been undertaken after economic liberalization in order to sustain a high economic growth....
Persistent link: https://www.econbiz.de/10011898901
Cover Image
An empirical investigation of macroeconomic determinants of public debt in Ghana
Musah, Ibrahim - In: Cogent economics & finance 11 (2023) 2, pp. 1-29
Ghana has a lengthy history of accumulating public debt, primarily driven by the expansion of fiscal deficits. This has … study examines the macroeconomic determinants of public debt accumulation in Ghana. It aims to analyse these determinants …, external borrowing, trade, interest payments, and budget deficits substantially influence public debt levels in Ghana. As a …
Persistent link: https://www.econbiz.de/10014500989
Cover Image
Macro-determinants of short-term foreign debt in Ghana
Brafu-Insaidoo, William Gabriel; Ahiakpor, Ferdinand; … - In: Cogent economics & finance 7 (2019) 1, pp. 1-17
economy like Ghana. This study employs a time series econometric analysis of annual secondary data covering the period 1970 to … the theoretical and empirical literature-on the real stock of short-term foreign debt in Ghana. The study finds that a …
Persistent link: https://www.econbiz.de/10012024039
Cover Image
Government debt, government debt service and economic growth nexus in Zambia : a multivariate analysis
Saungweme, Talknice; Odhiambo, Nicholas M. - In: Cogent economics & finance 7 (2019) 1, pp. 1-17
This paper explores the causal relationships between public debt and economic growth, and between public debt service and economic growth in Zambia for the period from 1970 to 2017. Unlike previous studies on this subject that relied on bivariate frameworks, this paper includes fiscal balance...
Persistent link: https://www.econbiz.de/10012024003
Cover Image
Which is the optimal fiscal rule in a monetary union? : targeting the structural, the global budgetary deficit, or the public debt?
Menguy, Séverine - In: Cogent economics & finance 2 (2014) 1, pp. 2-20
The aim of our paper is to contribute to the debate on optimal fiscal rules in a monetary union: in terms of global budgetary deficit, of structural budgetary deficit, or of public debt. Indeed, these rules seem to be mixed in the framework of the European Economic and Monetary Union, with the...
Persistent link: https://www.econbiz.de/10010482338
Cover Image
Public debt and borrowing : are governments disciplined by financial markets?
Afflatet, Nicolas - In: Cogent economics & finance 4 (2016) 1, pp. 1-14
With the announcement to intervene on financial markets to restore the monetary transmission mechanism, the ECB has attenuated the pressure of the markets on the endangered peripheral countries of the Eurozone. Critics argue that by eliminating the markets’ disciplining interest mechanism,...
Persistent link: https://www.econbiz.de/10011597252
Cover Image
On the robust drivers of public debt in Africa : fresh evidence from Bayesian model averaging approach
Nagou, Madow; Bayale, Nimonka; Kouassi, Brigitte Kanga - In: Cogent economics & finance 9 (2021) 1, pp. 1-23
While economic theory suggests a wide range of potential drivers of public debt, there is little consensus regarding the most relevant ones. This paper analyzes the determinants of the public debt in Africa. This is done by adopting a Bayesian Model Averaging (BMA) approach applied to data of 51...
Persistent link: https://www.econbiz.de/10013183751
Cover Image
Fiscal policy, sovereign debt and economic growth in SADC economies : a panel vector autoregression analysis
Makhoba, Bongumusa Prince; Kaseeram, Irrshad - In: Cogent economics & finance 10 (2022) 1, pp. 1-12
This study estimates a Panel Vector Autoregressive (PVAR) approach to analyse the impact of fiscal policy and public debt on economic growth in Southern African Developing Communities (SADC). The study further estimated the fixed effects (FE) and random effects (RE) to verify the robustness of...
Persistent link: https://www.econbiz.de/10013402174
Cover Image
Fiscal sustainability in the presence of structural breaks : does overconfidence on resource exports hurt government's ability to finance debt? ; evidence from Nigeria
Alhaji Jibrilla, Aliyu - In: Cogent economics & finance 4 (2016) 1, pp. 1-27
The sustainability of the Nigerian fiscal deficit along with the role of the dynamics of government revenues and spending in adjusting the size of the deficit is examined using annual data from 1961 to 2014. After allowing for structural breaks, the study finds evidence of a cointegration...
Persistent link: https://www.econbiz.de/10011487675
Cover Image
Pandora box: the eurozone and the euro crisis
McIntosh, Bryan; Ferretti, Fabrizio - In: Cogent economics & finance 3 (2015) 1, pp. 1-9
The global economy has experienced considerable turbulence since 2007. The financial crisis has been viewed as the trigger for a prolonged period of economic decline. This decline remains an issue for all member states of the European Union, the eurozone and beyond. We argue genesis of this...
Persistent link: https://www.econbiz.de/10011449877