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Despite the frequent use of fiscal policy for stabilization purposes and the important role fiscal activism has played over the last decade, the size of budgetary multipliers (i.e. the output response following an exogenous shock to fiscal policy) has been heatedly debated at the theoretical and...
Persistent link: https://www.econbiz.de/10012424078
taxes are the most effective instruments for stabilizing debt after a fiscal shock. …
Persistent link: https://www.econbiz.de/10012424079
In the developing world, clientelism is common. In Africa, public office is often used to redistribute resources to ethnically defined constituencies, and this form of clientelistic exchange is a key determinant of vote choice. Does clientelistic exchange shape trust in elected officials as...
Persistent link: https://www.econbiz.de/10011943729
Although formal education is often considered an indicator of political leaders' quality, the evidence on the effectiveness of educated leaders is mixed. Besides, minimum education qualifications are increasingly being used as requirements for contesting elections, making it critical to...
Persistent link: https://www.econbiz.de/10013472594
This paper contributes to the debate on aid effectiveness by looking at the 'how' of aid effectiveness. In other words it provides an assessment of whether aid only filled a financing gap or whether it, in addition, helped influence the political economy in a way that engendered growth. Ghana...
Persistent link: https://www.econbiz.de/10010333678
Does self-serving elite behaviour make citizens more politically active? This paper presents the results of a randomized field experiment where voters in Tanzania were given information about elite use of tax havens. Information provided in a neutral form had no effect on voting intentions....
Persistent link: https://www.econbiz.de/10011943818
This paper explores the link between trust in government, policy-making, and compliance. It focuses on a specific channel whereby citizens who are convinced that a policy is worthwhile are more motivated to comply with it. This in turn reduces the government's cost of implementing a policy and...
Persistent link: https://www.econbiz.de/10014322640
There is scant analysis on the causal relationship between fiscal capacity and social protection expenditure in the developing world. We investigate the causal relationship between fiscal capacity of the state and social protection expenditure, hypothesizing that fiscal capacity is necessary but...
Persistent link: https://www.econbiz.de/10011688557
quarterly datasets for the period from 1960 to 2019. The results show that public debt responds positively, demonstrating a … with revenue-enhancing measures on consumption taxes to achieve stable public finances and lower debt levels. …
Persistent link: https://www.econbiz.de/10012424150
macroeconomic stability and growth. Second, the tools of macroeconomic policy-fiscal and monetary policy together with debt … deficit and debt ratios. This paper discusses these macroeconomic dimensions, focusing on the developing world. The paper …
Persistent link: https://www.econbiz.de/10012424061