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Financing the storm : macroeconomic crisis in Russia, 1992 - 93

Easterly, William; Cunha, Paulo Vieira da - 1994

Persistent link: https://www.econbiz.de/10000897634

Fiscal deficits, monetary reform, and inflation stabilization in Romania

Budina, Nina; Wijnbergen, Sweder van - 2000

Persistent link: https://www.econbiz.de/10001471733

Inflation in low-income countries

Ha, Jongrim; Ivanova, Anna; Montiel, Peter; Pedroni, … - 2019

This paper studies the effects of global and domestic inflation shocks on core price inflation in 105 countries between … empirical results indicate that most of the variation in inflation among low-income countries over the past decades is accounted … for by external shocks. More than half of the variation in core inflation rates among low-income countries is due to …

Persistent link: https://www.econbiz.de/10012059222

The distributive impact of taxes and expenditures in Colombia

Núñez Méndez, Jairo; Olivieri, Sergio; Parra, Julieth; … - 2020

Colombia has reduced extreme poverty in the past 16 years by almost half, moderate poverty by 22 percentage points, and made more than four million Colombians jump the threshold of multidimensional poverty. However, it remains one of the most unequal countries in the region, after Brazil and...

Persistent link: https://www.econbiz.de/10012230740

What are the poverty and inequality impacts of fiscal policy in Turkey?

Cuevas, P. Facundo; Lucchetti, Leonardo; Nebiler, Metin - 2020

Fiscal policy is central to not only macroeconomic stability and growth, but also to poverty and inequality reduction. This paper provides the most comprehensive assessment of the distributional incidence of Turkey's fiscal policy to date. It analyzes the combined and individual incidence of...

Persistent link: https://www.econbiz.de/10012257124

Expansionary fiscal austerity : new international evidence

Nie, Owen - 2020

The expansionary fiscal contraction (EFC) hypothesis states that fiscal austerity can increase output or consumption when a country is under heavy debt burdens because it sends positive signal about the country's solvency situation and long-term economic wellbeing. Empirical tests of this...

Persistent link: https://www.econbiz.de/10012297616

The redistributive effects of fiscal policy in Mali and Niger

Hounsa, Thierry; Coulibaly, Mohamed; Sanoh, Aly - 2019

This study assesses the redistributive effects of fiscal policy in Mali and Niger. Fiscal policy is poverty increasing in Mali (by 2.4 percentage points) and Niger (2.5 percentage points). This is a result of primarily two factors: indirect taxes (value-added taxes and import duties) and direct...

Persistent link: https://www.econbiz.de/10012051946

Fiscal policy and economic activity in South Asia

Beyer, Robert; Milivojevic, Lazar - 2019

This paper analyzes whether fiscal policy in South Asia amplifies or smooths business cycle fluctuations. The paper estimates several econometric models to explore the cyclicality of government spending and tax buoyancy. The findings show that fiscal policy is procyclical in most countries. In...

Persistent link: https://www.econbiz.de/10012008294

Are budget rigidities a source of fiscal distress and a constraint for fiscal consolidation?

Muñoz S., Ercio; Olaberria, Eduardo - 2019

This paper studies whether budget rigidities affect the probability of countries getting into fiscal distress and reduce the likelihood of governments performing fiscal adjustments. Budget rigidities are constraints that limit the ability of the government to change the size and structure of the...

Persistent link: https://www.econbiz.de/10012113828

Fiscal rules for the Western Balkans

Kikoni, Edith; Madžarević-Šujster, Sanja; Irwin, … - 2019

Policy toward fiscal rules is an important issue in the countries of the Western Balkans (Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia, and Serbia). According to a rough estimate, the countries with rules (all but North Macedonia) have complied with their debt and...

Persistent link: https://www.econbiz.de/10012114089

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