Showing 1 - 10 of 531
This paper assesses debt sustainability in Guatemala. Debt stability has been achieved at very low expenditure levels …
Persistent link: https://www.econbiz.de/10012299175
panel data econometric estimators, this article examines the issue of fiscal sustainability for a group of 10 Caribbean … that past fiscal behavior is “weakly” sustainable. The “weak sustainability” finding is reinforced by evidence from an …
Persistent link: https://www.econbiz.de/10012028426
This paper analyzes the sustainability of Costa Rican sovereign debt within the intertemporal budget constraint … in the long run, and in the short run there have been few instances of debt sustainability since the economic crisis of …
Persistent link: https://www.econbiz.de/10012587645
primary balance. The sustainability exercise also showed that fiscal policy is sustainable. However, it is found that this … sustainability was not a result of appropriate fiscal policy. While factors outside of the Governments control worsened the primary …
Persistent link: https://www.econbiz.de/10012298406
Do voters punish governments that introduce fiscal "austerity" measures? If so, does voter response vary according to the design (composition) of fiscal adjustments? What determines the timing of fiscal consolidations? The empirical literature on the political economy of fiscal adjustments,...
Persistent link: https://www.econbiz.de/10012052149
Spending elasticities measure the reaction of different government spending components to the business cycle. They are important inputs for fiscal forecasts, and they are particularly relevant in the context of European Union (EU) fiscal rules, as elasticity estimates enter the estimation of...
Persistent link: https://www.econbiz.de/10014445966
Though governments regularly implement fiscal adjustments to avert crisis, voter attitudes towards competing adjustment strategies are still poorly understood. A conjoint experiment with 8,000 survey respondents in Brazil, Colombia, Costa Rica, and Peru confirms that individuals prefer spending-...
Persistent link: https://www.econbiz.de/10014529801
This paper seeks to identify the most promising fiscal strategy to boost long-term economic growth in Argentina and quantify its effects. To this end, the authors updated a growth-diagnostics study for Argentina and corroborated that low appropriability of social returns and insufficient public...
Persistent link: https://www.econbiz.de/10011303821
-START "Territorial Resilience of the Central Apennines Earthquake Reconstruction'' assessing their impacts on the sustainability … sustainability - environmental, social, and economic - are embraced by the public interventions. However, clear priority has been … given to social and environmental sustainability. The economic dimension results under-represented. Additional policies are …
Persistent link: https://www.econbiz.de/10013361268
Conditions ; Financial Crisis ; Fiscal Sustainability …
Persistent link: https://www.econbiz.de/10003899434