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This policy brief reexamines the effects of the Greek austerity experiment on its economy via a counterfactual analysis. We combine the fiscal multipliers from the meta regression analysis in Gechert and Rannenberg (2014) to the fiscal consolidation measures that have been implemented in Greece...
Persistent link: https://www.econbiz.de/10011498230
This paper provides evidence that most German states (Laender) have unsustainable public finances by exploiting a newly compiled database covering the years 1950‐2011. Although the Laender are closely intertwined we are the first to apply “second generation” panel techniques that control...
Persistent link: https://www.econbiz.de/10011404634
Persistent link: https://www.econbiz.de/10003256726
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/10012226514
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
-national public finance data of the German Laender between 1950 and 2015 and find that their fiscal policy only partly meets fiscal …
Persistent link: https://www.econbiz.de/10011811360
-national public finance data of the German Laender between 1950 and 2015 and find that their fiscal policy only partly meets fiscal …
Persistent link: https://www.econbiz.de/10011814265
Persistent link: https://www.econbiz.de/10011641029
-national public finance data of the German Laender between 1950 and 2015 and find that their fiscal policy only partly meets fiscal …
Persistent link: https://www.econbiz.de/10011822075