This paper uses a novel loan-level dataset covering lending by official creditors to developing country governments to construct an instrument for public spending that can be used to estimate government spending multipliers. Loans from official creditors (primarily multilateral development banks...

Using a new tax database for 28 countries and a variety of econometric methods, this paper contributes to the debate on the effects of fiscal policy on economic activity in a number of ways. The analysis finds that tax cuts have a stimulative effect on economic growth in developing countries....

This paper studies the impact of migration on poverty, expenditures, and labor market outcomes in Nepal. Between 2001 and 2011, the share of male working age population abroad more than doubled, mostly due to young men leaving to work in Malaysia and the Persian Gulf countries. The paper studies...

This paper proposes a new measure of public expenditure force that policy makers and budget analysts should track in detail over time in routine fiscal monitoring. The paper suggests that adopting the measure will not only warn policy makers of possible impending fiscal pressures, but will help...

Previous studies have established a negative relationship between total government spending and entrepreneurship activity. However, the relationship between the composition of government spending and entrepreneurial activity has been woefully under-researched. This paper fills this gap in the...

Chapter 1. Almas Heshmati, “Introduction to Economic Growth and Development in Ethiopia and summary of the contributions” -- Chapter 2. Tsegaye Mulugeta, “Impacts of Improved Agricultural Technology Adoption on Rural Poverty: Evidence from Rural Ethiopia” -- Chapter 3. Tsegaye Mulugeta,...

The authors describe the main trends of Brazil's fiscal policy during the past decade and analyze (1) the ability to raise the primary surplus in response to external shocks, (2) the pro-cyclical nature of fiscal policy, and (3) the long-run impact of government expenditure composition and...

This book analyses the methods used to assess financial sustainability as defined by the International Federation of Accountants (IFAC). Recently, there have been calls to consider sustainability as a fundamental guiding principle in public management. The financial and economic crisis has...

Transfers to individuals were a larger part of the 2009 U.S. stimulus package than government purchases. Using a two-agent New Keynesian model, this paper shows analytically that the multiplier on targeted transfers to financially constrained households is (i) larger than the purchase multiplier...

Dem Sport werden zahlreiche Gemeinwohlfunktionen zugeschrieben. Aus diesem Grund wird er mit öffentlichen Mitteln gefördert. In welchem Umfang der Sport in Deutschland auf diese Weise gefördert wird und insbesondere welche Mittel aus dem Sport wieder an die öffentlichen Haushalte...