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Does expenditure composition influence the debt level? : evidence from German federal states
Stegarescu, Dan - 2013
Despite strongly equalized per capita revenue and similar budgetary institutions, fiscal performance is increasingly diverging across German federal states. Given that state and local governments are endowed with expenditure autonomy, this paper investigates whether the composition of...
Persistent link: https://www.econbiz.de/10010225574
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The fiscal architecture of the EU cohesion policy
Thöne, Michael - 2024
In its current setup, the European Union is often characterised as slow, decision-impeding, inefficient and therefore not really ready for enlargement. The pandemic, the war in Ukraine, the energy crisis and the increasingly uncertain role in the global economy have further increased the high...
Persistent link: https://www.econbiz.de/10014575930
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Political electoral cycles and public investments in Brazil
Orair, Rodrigo Octávio; Gouvêa, Raphael Rocha; Leal, … - 2015
This paper provides new evidence for the empirical literature that investigates the presence of political cycles in fiscal policy and, more precisely, public investments in Brazil. The approach differs from most of the studies for applying the state-space modeling. The greatest benefit is to...
Persistent link: https://www.econbiz.de/10012057055
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Refugee Migration and the Politics of Redistribution: Do Supply and Demand Meet?
Matakos, Konstantinos; Savolainen, Riikka; Tukiainen, Janne - 2020
Voter demand for less redistribution in the face of mass migration maps into actual outcomes insofar as politicians supplying these policies respond to it. We study whether establishing new asylum-seeker centers influences redistributive outcomes in Finnish local elections - a country where...
Persistent link: https://www.econbiz.de/10012503085
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Favoritism by the governing elite
Asatryan, Zareh; Baskaran, Thushyanthan; Birkholz, Carlo; … - 2023
In this paper, we study the extent to which ministers engage in regional favoritism. We are the first to provide a comprehensive analysis of a larger set of the governing elite, not just focusing on the primary leader. We hand-collect birthplaces of this governing elite globally. Combining this...
Persistent link: https://www.econbiz.de/10014441315
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Ökonomische Anreizwirkungen im bundesstaatlichen Finanzausgleich
Hechtner, Frank - 2013
Der bundesstaatliche Finanzausgleich als Säule eines Solidarsystems der jeweiligen (Bundes-) Länder untereinander steht … Aspekte, die im bestehenden und in einem zukünftigen Ausgleichssystem zu beachten sind. Der (Länder-) Finanzausgleich im … engeren Sinne nimmt dabei eine bedeutende Rolle im gesamten bundesstaatlichen Finanzausgleich ein, sodass auf diesen ein …
Persistent link: https://www.econbiz.de/10009789422
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Incumbency and expectations of fiscal rule compliance : evidence from surveys of German policy makers
Heinemann, Friedrich; Janeba, Eckhard; Todtenhaupt, … - 2020
In this paper, we analyze politicians’ expectations about future compliance with a fiscal rule, and in particular the dependence of the expectations on their role in parliament (opposition vs. incumbent government coalition). In addition, we explore how opposition and incumbent politicians...
Persistent link: https://www.econbiz.de/10012304830
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State-owned enterprises, fiscal transparency, and the circumvention of fiscal rules : the case of Germany
Heinemann, Friedrich; Nover, Justus - 2023
State-owned enterprises (SOEs) provide opportunities for a more flexible and market-based provision of public services. At the same time, they may impair fiscal transparency and offer politicians discretion in the presence of strict fiscal rules if these only constrain the core udget. Using a...
Persistent link: https://www.econbiz.de/10014471782
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Fiscal federalism and tax enforcement
Bönke, Timm; Joachimsen, Beate; Schröder, Carsten - 2015
In many countries organized as federations, fiscal-equalization schemes have been implemented to mitigate vertical or horizontal imbalances. Such schemes usually imply that the member states of the federation can only partly internalize marginal tax revenue before redistribution. Aside from this...
Persistent link: https://www.econbiz.de/10010517182
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Fiscal multipliers of central, state and local government and of the social security funds in Germany : evidence of a SVAR
Hollmayr, Josef; Kuckuck, Jan - 2018
By applying a Structural Vector Autoregressive (SVAR) approach this paper estimates the effects of fiscal policy shocks of different government sub-sectors on aggregate GDP in Germany. From a general government perspective, the results show that besides investment, it is particularly changes in...
Persistent link: https://www.econbiz.de/10011897960