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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
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The quality of fiscal adjustment and the long-run growth impact of fiscal policy in Brazil
Blanco, Fernando; Herrera Aguilera, Santiago - 2006
Persistent link: https://www.econbiz.de/10003377826
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Fiscal policy and debt dynamics in developing countries
Ilzetzki, Ethan - 2011
Persistent link: https://www.econbiz.de/10009387310
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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
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Financial systems, growth, and volatility : searching for the perfect fit
Islam, Roumeen - 2016
Persistent link: https://www.econbiz.de/10011559753
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Fiscal decentralization, public spending, and economic growth in China
Zhang, Tao; Zou, Heng-fu - 1996
Persistent link: https://www.econbiz.de/10000939405
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Demystifying China’s fiscal stimulus
Fardoust, Shahrokh; Lin, Justin Yifu; Luo, Xubei - 2012
Persistent link: https://www.econbiz.de/10009631550
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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
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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
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Effects of privatization and ownership in transition economies
Estrin, Saul; Hanousek, Jan; Kočenda, Evžen; Švejnar, Jan - 2009
"The paper evaluates the effects of privatization in the post-communist economies and China. In post … institutional development. In China relatively more estimates suggest that privatization to domestic owners improves the level of …-communist economies, but foreign joint ventures rather than wholly owned foreign firms have a positive effect in China. Worker or …
Persistent link: https://www.econbiz.de/10003791159