Using time-series techniques and panels data, the paper analyses for the EU countries in the period 1970-2009 the existence and shape of the “BARS curve” (Barro, Armey, Rahn, and Scully), connecting the size of Government (measured by the share of public expenditure on GDP) to the rate of...

This paper analyses the effect of public expenditure on economic growth from both a theoretical and an empirical point of view. Given that the economic literature supplies numerous and conflicting views on the topic, the article offers a framework combining both theories of market failures and...

ILO pub-WEP pub. Working paper on the analytical linkages between demographic change and public expenditure, with particular reference to OECD countries - constitutes part of a WEP research project on population and employment. References.

ILO pub-WEP pub. Working paper presenting findings of an Experiment on econometric modelling of the long term employment impact of disarmament - examines consequences for regional level economic growth and economic structure, world-wide employment creation, and income and consumption in...

ILO pub-WEP pub. Working paper comprising a comparison of demographic aspects in public expenditure with regard to developing countries - aims at testing the extent to which population growth diverts resources from productive to less productive public investment. Statistical tables.

Analyses the different facets of fiscal stimulus packages with a view to understanding their possible employment effects.

Staff Discussion Notes showcase the latest policy-related analysis and research being developed by individual IMF staff and are published to elicit comment and to further debate. These papers are generally brief and written in nontechnical language, and so are aimed at a broad audience...