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Is Corruption Efficiency-Enhancing? A Case Study of Nine Central and Eastern European Countries
Gamberoni, Elisa - 2016
We investigate the role of corruption in the business environment in explaining the efficiency of within … conditional convergence model, we find evidence of a positive relationship between corruption growth and both labour and capital … misallocation dynamics, once country framework conditions are controlled for: the link between corruption and input misallocation …
Persistent link: https://www.econbiz.de/10012984204
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Debt rule design in theory and practice: The SGP's debt benchmark revisited
Hauptmeier, Sebastian; Kamps, Christophe - 2020
This paper is linked to two debates on fiscal policies: first, the implications of low interest-growth differentials for debt sustainability and, second, the reform of the EU fiscal governance framework. In both debates the choice of government debt anchor and the speed of adjustment take centre...
Persistent link: https://www.econbiz.de/10012422041
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Debt Rule Design in Theory and Practice : The SGP's Debt Benchmark Revisited
Hauptmeier, Sebastian - 2020
This paper is linked to two debates on fiscal policies: first, the implications of low interest-growth differentials for debt sustainability and, second, the reform of the EU fiscal governance framework. In both debates the choice of government debt anchor and the speed of adjustment take centre...
Persistent link: https://www.econbiz.de/10012840203
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The disappearing tax base: is foreign direct investment eroding corporate income taxes?
Gropp, Reint E.; Kostial, Kristina - 2000
This paper analyzes the link between Foreign Direct Investment (FDI), corporate taxation, and corporate tax revenues. We find strong evidence that FDI in (out) flows are affected by tax regimes in the host (home) countries and FDI flows in turn affect the corporate tax base. Simulations of EU...
Persistent link: https://www.econbiz.de/10011604077
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Public debt asymmetries: the effect on taxes and spending in the European Union
Krogstrup, Signe - 2002
The aim of this paper is two-fold: First, assuming public debts are pre-determined and in their steady state in EU countries, the paper investigates the effect of asymmetric debt service obligations on taxes, primary spending and the tax mix in EU countries. Second, it investigates how increased...
Persistent link: https://www.econbiz.de/10011604208
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Implicit tax co-ordination under repeated policy interactions
Catenaro, Marco; Vidal, Jean-Pierre - 2003
In the context of a stylised game theoretical framework of capital tax competition, we show that when repeated policy interactions are associated to a systematic punishment of the deviating policymaker, a co-ordinated outcome can be the solution to the non co-operative tax game. This result...
Persistent link: https://www.econbiz.de/10011604305
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The impact of extreme weather events on budget balances and implications for fiscal policy
Lis, Eliza M.; Nickel, Christiane - 2009
This paper explores implications of climate change for fiscal policy by assessing the impact of large scale extreme weather events on changes in public budgets. We apply alternative measures for large scale extreme weather events and conclude that the budgetary impact of such events ranges...
Persistent link: https://www.econbiz.de/10011605101
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Once bitten: New evidence on the link between IMF conditionality and IMF stigma
Andone, Irina; Scheubel, Beatrice - 2019
While the consequences and effectiveness of IMF conditionality have long been the focus of research, the possible negative impact of IMF conditionality on countries' willingness to ask for an IMF programme - often termed "IMF stigma" - has recently received attention particularly from policy...
Persistent link: https://www.econbiz.de/10012142106
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The Impact of Extreme Weather Events on Budget Balances and Implications for Fiscal Policy
Lis, Eliza M. - 2009
This paper explores implications of climate change for fiscal policy by assessing the impact of large scale extreme weather events on changes in public budgets. We apply alternative measures for large scale extreme weather events and conclude that the budgetary impact of such events ranges...
Persistent link: https://www.econbiz.de/10013159926
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Once Bitten : New Evidence on the Link between IMF Conditionality and IMF Stigma
Andone, Irina - 2019
While the consequences and effectiveness of IMF conditionality have long been the focus of research, the possible negative impact of IMF conditionality on countries' willingness to ask for an IMF programme – often termed ‘IMF stigma' – has recently received attention particularly from...
Persistent link: https://www.econbiz.de/10012872312