Showing 1 - 10 of 10
This paper examines the impact of deflation on fiscal aggregates. With deflation relatively rare in modern history, it relies mostly on the historical records, using a dataset panel covering 150 years and 21 advanced economies. Empirical evidence shows that deflation affects public finances...
Persistent link: https://www.econbiz.de/10013015606
How do policy communications on future f iscal targets af fect market expectations and beliefs about the future conduct of f iscal policy? In this paper, we develop indicators of f iscal credibility that quantify the degree to which policy announcements anchor expectations, based on the...
Persistent link: https://www.econbiz.de/10013170265
This paper examines the impact of deflation on fiscal aggregates. With deflation relatively rare in modern history, it relies mostly on the historical records, using a dataset panel covering 150 years and 21 advanced economies. Empirical evidence shows that deflation affects public finances...
Persistent link: https://www.econbiz.de/10012692625
There is relatively little literature that analyses the role, functions, and organization of finance ministries. The …’s history and institutional context. Over the past 30 years many finance ministries have moved from a “traditional” to an …’s–length agencies or line ministries. The paper describes the challenges facing developing countries in strengthening their finance …
Persistent link: https://www.econbiz.de/10012692655
Persistent link: https://www.econbiz.de/10012291972
the period 2010-2020. The strategy was endorsed by the finance and economic ministers of the region (FEMM) in 2010. The … reforms and leadership by finance ministries are critical. PFTAC's advice is highly regarded across the region, and it could …
Persistent link: https://www.econbiz.de/10012302044
We construct a new, comprehensive instrument-level database of sovereign debt for 18 advanced and emerging countries over the period 1913-46. The database contains data on amounts outstanding for some 3,800 individual debt instruments as well as associated qualitative information, including...
Persistent link: https://www.econbiz.de/10012122695
oversight, as well as specialist subjects such as government payroll systems, local government finance, fiscal transparency, the …
Persistent link: https://www.econbiz.de/10012106390
primary source for academics and students of economics, public finance, accountancy and public policy. … Political Economy of PFM Reforms -- 5 The Role, Responsibilities, Structure and Evolution of Central Finance Agencies -- 6 Role …
Persistent link: https://www.econbiz.de/10014234642
evolution of central finance agencies / Richard Allen and Philipp Krause -- Role of the legislature in budget processes / Ian …
Persistent link: https://www.econbiz.de/10009785002