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Public expenditure and growth: the Indian case

Hakhu, A. Bhatt; Sardoni, Claudio - In: European Journal of Economics and Economic Policies: … 18 (2021) 1, pp. 77-101

The paper deals with the relationship between public spending and growth as well as the dynamics of the ratio of public … with a direct positive effect on the economy's long-run rate of growth, can determine a situation in which the ratio of …

Persistent link: https://www.econbiz.de/10014363406

Connecting social provisioning and functional finance in a post-Keynesian–Institutional analysis of the public sector

Todorova, Zdravka - In: European Journal of Economics and Economic Policies: … 10 (2013) 1, pp. 61-75

This paper establishes connections between the frameworks of social provisioning and functional finance, and discusses a post-Keynesian–Institutionalist theory of the public sector that emerges out of these linkages. The concept of social provisioning has emerged out of Institutional...

Persistent link: https://www.econbiz.de/10014363163

Can the new French economic policy be successful?

Mathieu, Catherine; Sterdyniak, Henri - In: European Journal of Economics and Economic Policies: … 10 (2013) 2, pp. 175-192

, reducing GDP growth even further. France has to choose between strengthening its specificity, its social model and its State …

Persistent link: https://www.econbiz.de/10014363173

The 'other half' of the public debt–economic growth relationship: a note on Reinhart and Rogoff

Dafermos, Yannis - In: European Journal of Economics and Economic Policies: … 12 (2015) 1, pp. 20-28

growth. However, by classifying the observations of their data set into public debt categories and identifying public debt … overhang episodes, they focus only on 'one half' of the public debt–economic growth relationship: the growth-reducing effects … of high public debt. This note classifies the observations of their data set into economic growth categories and …

Persistent link: https://www.econbiz.de/10014363222

Austerity in the euro area: the sad state of economic policy in Germany and the EU

Truger, Achim - In: European Journal of Economics and Economic Policies: … 10 (2013) 2, pp. 158-174

The euro area is currently going through its worst period of recession and economic stagnation since the Great Depression and World War II. The article tries to give an impression of the extraordinary degree of fiscal austerity and the devastating economic effects it has already had and must be...

Persistent link: https://www.econbiz.de/10014363172

Happiness surveys: exclusive guides for policy?

Tichy, Gunther - In: European Journal of Economics and Economic Policies: … 11 (2014) 3, pp. 333-348

Happiness is increasingly named as a target of policy measures. Apart from the confusing fact that the attention-grabbing catchword 'happiness' refers to 'life satisfaction' in most cases, this approach appears preferable to alternatives as utility functions, magic polygons or to the opaque...

Persistent link: https://www.econbiz.de/10014363217

A multi-speed Europe: is it viable? A stock-flow consistent approach

Mazier, Jacques; Valdecantos, Sebastian - In: European Journal of Economics and Economic Policies: … 12 (2015) 1, pp. 93-112

Based on the hypothesis that states that the underlying cause of the crisis in the euro area is a combination of exchange-rate misalignments with uncoordinated wage policies, we explore different exchange-rate arrangements that may help to reduce imbalances between surplus and deficit countries....

Persistent link: https://www.econbiz.de/10014363227

Macroeconomic policy regimes in emerging markets: the case of Latvia

Kazandziska, Milka - In: European Journal of Economics and Economic Policies: … 12 (2015) 3, pp. 318-352

based on one normative model of an MPR using a post-Keynesian approach. This paper suggests that to achieve a growth …

Persistent link: https://www.econbiz.de/10014363246

Can the Report of the 'Five Presidents' save the euro?

Arestis, Philip - In: European Journal of Economics and Economic Policies: … 13 (2016) 1, pp. 28-38

are the well-known difficulties of macroeconomic policies under the Stability and Growth Pact and the more recent Fiscal …

Persistent link: https://www.econbiz.de/10014363252

Reviving fiscal policy in Europe: towards an implementation of the golden rule of public investment

Truger, Achim - In: European Journal of Economics and Economic Policies: … 13 (2016) 1, pp. 57-71

accepted in traditional public finance and can deliver both intergenerational fairness as well as more growth and employment … preventative and the corrective arms of the Stability and Growth Pact as well as the Fiscal Compact. That way, fiscal policy would … be upgraded and would receive more room for manoeuvre and public investment as a particularly growth-enhancing public …

Persistent link: https://www.econbiz.de/10014363254