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Fiscal policy reaction to the cycle in the OECD: Pro- or counter-cyclical?
Égert, Balázs - 2012
This paper analyses the reaction of fiscal policy to the cycle in OECD countries. The results suggest that while overall government balances were counter-cyclical in the past and more so in economic downturns than in upswings, discretionary fiscal policy was neutral on average. However,...
Persistent link: https://www.econbiz.de/10010281787
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Fiscal Policy Reaction to the Cycle in the OECD: Pro- or Counter-cyclical?
Égert, Balázs - EconomiX, Université Paris Ouest-Nanterre la Défense … - 2012
This paper analyses the reaction of fiscal policy to the cycle in OECD countries. The results suggest that while overall government balances were counter-cyclical in the past and more so in economic downturns than in upswings, discretionary fiscal policy was neutral on average. However,...
Persistent link: https://www.econbiz.de/10010992388
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Fiscal Policy Reaction to the Cycle in the OECD: Pro- or Counter-cyclical?
Égert, Balázs - Economics Department, Organisation de Coopération et … - 2010
This paper analyses the reaction of fiscal policy to the cycle in OECD countries. The results suggest that while overall government balances were counter-cyclical in the past and more so in economic downturns than in upswings, discretionary fiscal policy was neutral on average. However,...
Persistent link: https://www.econbiz.de/10008542496
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Catching-up and Inflation in Europe: Balassa-Samuelson, Engel's Law and Other Culprits
Égert, Balázs - Economics Department, Organisation de Coopération et … - 2010
This study analyses the impact of economic catching-up on annual inflation rates in the European Union with a special focus on the new member countries of Central and Eastern Europe. Using an array of estimation methods, we show that the Balassa-Samuelson effect is not an important driver of...
Persistent link: https://www.econbiz.de/10008461038
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Fiscal Policy Reaction to the Cycle in the OECD : Pro- or Counter-Cyclical?
Égert, Balázs - 2012
This paper analyses the reaction of fiscal policy to the cycle in OECD countries. The results suggest that while overall government balances were counter-cyclical in the past and more so in economic downturns than in upswings, discretionary fiscal policy was neutral on average. However,...
Persistent link: https://www.econbiz.de/10013108041
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Fiscal policy reaction to the cycle in the OECD : pro- or counter-cyclical?
Égert, Balázs - 2012
This paper analyses the reaction of fiscal policy to the cycle in OECD countries. The results suggest that while overall government balances were counter-cyclical in the past and more so in economic downturns than in upswings, discretionary fiscal policy was neutral on average. However,...
Persistent link: https://www.econbiz.de/10009518240
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Catching-up and Inflation in Europe : Balassa-Samuelson, Engel's Law and Other Culprits
Égert, Balázs - 2010
This study analyses the impact of economic catching-up on annual inflation rates in the European Union with a special focus on the new member countries of Central and Eastern Europe. Using an array of estimation methods, we show that the Balassa-Samuelson effect is not an important driver of...
Persistent link: https://www.econbiz.de/10012444720
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Fiscal Policy Reaction to the Cycle in the OECD : Pro- or Counter-cyclical?
Égert, Balázs - 2010
This paper analyses the reaction of fiscal policy to the cycle in OECD countries. The results suggest that while overall government balances were counter-cyclical in the past and more so in economic downturns than in upswings, discretionary fiscal policy was neutral on average. However,...
Persistent link: https://www.econbiz.de/10012445698
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Public policies and investment in network infrastructure
Sutherland, Douglas; Araújo, Sónia; Égert, Balázs; … - In: OECD journal: economic studies (2011), pp. 161-183
Persistent link: https://www.econbiz.de/10009500832
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Regulation, Institutions and Aggregate Investment : New Evidence from OECD Countries
Égert, Balázs - 2017
This paper investigates the relationship linking investment (capital stock) and structural policies. Using a panel of … with less investment (lower capital stock). The paper also sheds light on the existence of non-linear effects of product …, barriers to entrepreneurship and barriers to trade and investment) tend to amplify the negative relationships between product …
Persistent link: https://www.econbiz.de/10012956879