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Fiscal transparency and the performance of government financial assets
Seiferling, Mike; Tareq, Shamsuddin - 2015
Persistent link: https://www.econbiz.de/10011282727
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Now or later? : the political economy of public investment in democracies
Gupta, Sanjeev; Liu, Estelle; Mulas Granados, Carlos - 2015
This paper explores the impact of political and institutional variables on public investment. Working with a sample of 80 presidential and parliamentary democracies between 1975 and 2012, we find that the rate of growth of public investment is higher at the beginning of electoral cycles and...
Persistent link: https://www.econbiz.de/10011373913
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From containment to rationalization : increasing public expenditure efficiency in France
Hallaert, Jean-Jacques; Queyranne, Maximilien - 2016
Achieving France's medium-term fiscal targets will require significant expenditure efforts. This paper identifies areas where there is scope for increasing expenditure efficiency, with a view to achieving higher quality and more sustainable fiscal consolidation. The methodology is based on a...
Persistent link: https://www.econbiz.de/10011436803
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Fiscal consequences of terrorism
Cevik, Serhan; Ricco, John - 2015
This paper provides an empirical analysis of how the frequency and severity of terrorism affect government revenue and expenditure during the period 1970-2013 using a panel dataset on 153 countries. We find that terrorism has only a marginal negative effect on tax revenue performance, after...
Persistent link: https://www.econbiz.de/10011408259
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Government, Openness and Finance : Past and Present
Demetriadis, Panicos - 2010
We explore the role of government in the nexus of finance and trade starting from the earliest days of organised … finance in England and then broadening the analysis to 84 countries from 1960 to 2004. For 18th century England, we find that …
Persistent link: https://www.econbiz.de/10013137020
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How Does the U.S. Government Finance Fiscal Shocks?
Berndt, Antje - 2010
We develop a method for identifying and quantifying the fiscal channels that help finance government spending shocks …
Persistent link: https://www.econbiz.de/10013137024
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Capitalizing China
Fan, Joseph P. H. - 2011
Despite a vast accumulation of private capital, China is not embracing capitalism. Deceptively familiar capitalist features disguise the profoundly unfamiliar foundations of "market socialism with Chinese characteristics." The Chinese Communist Party (CCP), by controlling the career advancement...
Persistent link: https://www.econbiz.de/10013117212
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On Fiscal Illusion and Ricardian Equivalence in Local Public Finance
Banzhaf, H. Spencer - 2012
We re-evaluate two forms of fiscal illusion in local public finance: debt illusion and renter illusion. The Ricardian … Equivalence Theorem for local governments suggests the form of finance of a public program (tax or debt finance) has no effects on … hundreds of open space referenda in the U.S. using a variety of finance mechanisms, we find evidence that households do prefer …
Persistent link: https://www.econbiz.de/10013107014
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Why Do Emerging Markets Liberalize Capital Outflow Controls? Fiscal Versus Net Capital Flow Concerns
Aizenman, Joshua - 2013
In this paper, we provide empirical evidence on the factors that motivated emerging economies to change their capital outflow controls in the recent decades. Liberalization of capital outflow controls can allow emerging market economies (EMEs) to reduce net capital inflow (NKI) pressures, but...
Persistent link: https://www.econbiz.de/10013085490
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Shale Public Finance : Local Government Revenues and Costs Associated with Oil and Gas Development
Newell, Richard G. - 2015
Oil and gas development associated with shale resources has increased substantially in the United States, with important implications for local governments. These governments tend to experience increased revenue from a variety of sources, such as severance taxes distributed by the state...
Persistent link: https://www.econbiz.de/10013015969