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Economic growth and budgetary components : a panel assessment for the EU
Afonso, António (contributor);  … - 2008
In this paper we test whether a reallocation of government budget items can enhance long-term GDP growth in a set of European countries. We apply modern panel data techniques to the period 1970-2006, and we use three alternative dependent variables in a growth regression: economic growth, total...
Persistent link: https://www.econbiz.de/10003636014
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Government size, composition, volatility and economic growth
Afonso, António (contributor); Furceri, Davide (contributor) - 2008
and EU countries. The results of the paper suggest that both variables are detrimental to growth. In particular, looking …
Persistent link: https://www.econbiz.de/10003636033
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What do we really know about fiscal sustainability in the EU? : a panel data diagnostic
Afonso, António (contributor);  … - 2008
Persistent link: https://www.econbiz.de/10003641707
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Ricardian fiscal regimes in the European Union
Afonso, António - In: Empirica : journal of european economics 35 (2008) 3, pp. 313-334
Persistent link: https://www.econbiz.de/10003726486
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Ricardian fiscal regimes in the European Union
Afonso, António (contributor) - 2005
Persistent link: https://www.econbiz.de/10003330044
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Sustainability of fiscal policy in the EU-15
Afonso, António - In: CESifo DICE report : journal for institutional comparisons 4 (2006) 1, pp. 34-38
Persistent link: https://www.econbiz.de/10003310794
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Assessing long-term fiscal developments : a new approach
Afonso, António; Agnello, Luca; Furceri, Davide - 2009
We use a new approach to assess long-term fiscal developments. By analyzing the time varying behaviour of the two components of government spending and revenue responsiveness and persistence - we are able to infer about the sources of fiscal behaviour. Drawing on quarterly data we estimate...
Persistent link: https://www.econbiz.de/10003832368
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Spend-and-tax : a panel data investigation for the EU
Afonso, António; Rault, Christophe - 2009
, we study the causality between government spending and revenue for the EU in the period 1960-2006. We find spend … Finland and the UK, and for several EU New Member States. Moreover, in the run-up to EMU there was some shifting away from a … spend-and-tax strategy, implying adjustments of fiscal behaviour. -- panel causality ; fiscal policy ; EU …
Persistent link: https://www.econbiz.de/10003861754
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Fiscal behaviour in the European Union : rules, fiscal decentralization and government indebtedness
Afonso, António; Hauptmeier, Sebastian - 2009
We assess the fiscal behaviour in the European Union countries for the period 1990-2005 via the responsiveness of budget balances to several determinants. The results show that the existence of effective fiscal rules, the degree of public spending decentralization, and the electoral cycle can...
Persistent link: https://www.econbiz.de/10003866536
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Expansionary fiscal consolidations in Europe : new evidence
Afonso, António (contributor) - 2006
Persistent link: https://www.econbiz.de/10003378523