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The permanent effects of fiscal consolidations

Fatás, Antonio; Summers, Lawrence Henry - 2015

Persistent link: https://www.econbiz.de/10011399224

The "Austerity myth" : gain without pain?

Perotti, Roberto - 2011

Persistent link: https://www.econbiz.de/10009388113

Austerity

Ntellas, Charēs; Niepelt, Dirk - 2014

Persistent link: https://www.econbiz.de/10010465624

Global Fiscal Adjustment and Trade Rebalancing

McKibbin, Warwick J. - 2017

The emergence of substantial fiscal deficits and a large build up of government debt in major advanced economies will inevitably lead to a period of fiscal consolidation in coming years. In an earlier paper, McKibbin and Stoeckel (2010) explored the effects of this fiscal adjustment in advanced...

Persistent link: https://www.econbiz.de/10012975282

Monetary and fiscal policy in the great moderation and the great recession

Allsopp, Christopher; Vines, David - 2015

Persistent link: https://www.econbiz.de/10011398638

The Quality of Fiscal Adjustment and the Long-Run Growth Impact of Fiscal Policy in Brazil

Blanco, Fernando - 2016

The authors describe the main trends of Brazil's fiscal policy during the past decade and analyze (1) the ability to raise the primary surplus in response to external shocks, (2) the pro-cyclical nature of fiscal policy, and (3) the long-run impact of government expenditure composition and...

Persistent link: https://www.econbiz.de/10012747922

Why Some Countries Can Escape the Fiscal Pro-Cyclicality Trap and Others Cannot?

Herrera, Santiago - 2019

This paper analyzes the procyclicality of fiscal policy on the tax and spending sides in a sample of 116 developing countries between 2000 and 2016. About 20 percent of the countries in the sample switched from procyclical to countercyclical policy stance. In Sub-Saharan Africa, 30 of 39...

Persistent link: https://www.econbiz.de/10012865086

Assessing Public Debt Sustainability in Mauritania with a Stochastic Framework

Baghdassarian, William - 2017

This work presents a stochastic framework for assessing public debt sustainability and applies it to the case of … Mauritania. The sustainability assessment projects solvency and liquidity indicators -- public debt stock and gross financing … public debt sustainability because the estimated (marginal) growth-dividend is small. A more promising avenue would be to …

Persistent link: https://www.econbiz.de/10012972523

Fiscal Policy and Debt Dynamics in Developing Countries

Ilzetzki, Ethan - 2017

Using a new tax database for 28 countries and a variety of econometric methods, this paper contributes to the debate on the effects of fiscal policy on economic activity in a number of ways. The analysis finds that tax cuts have a stimulative effect on economic growth in developing countries....

Persistent link: https://www.econbiz.de/10012975998

On budgetary policies and economic growth

Alogoskoufis, George S. - 1990

Persistent link: https://www.econbiz.de/10013421815