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linkages between government size, unemployment, and inflation. Overall, our results suggest that the government size is … positively associated with both unemployment and inflation. The Granger causality runs from the government size to unemployment … and to inflation. From our analysis, two aspects stand out. First, the effects of government size on unemployment and …
Persistent link: https://www.econbiz.de/10012919879
We estimate changes in fiscal policy regimes in Portugal with a Markov Switching regression of fiscal policy rules for the period 1978-2007, using a new dataset of fiscal quarterly series. We find evidence of a deficit bias, while repeated reversals of taxes making the budget procyclical....
Persistent link: https://www.econbiz.de/10008625784
We construct a growth model with an explicit government role, where more government resources reduce the optimal level …-2008, we use different proxies for government size and institutional quality. Our results, consistent with the presented growth … model, show a negative effect of the size of government on growth. Similarly, institutional quality has a positive impact on …
Persistent link: https://www.econbiz.de/10011605444
We discuss and provide an overview of the size and role of the government, notably in terms of what the government … "should" do, how the government could spend and intervene in the economy, how much governments spend and what they spend their …
Persistent link: https://www.econbiz.de/10012237653
government indicators and public sector efficiency scores. The focus is on a balanced sample covering all 36 OECD countries over …
Persistent link: https://www.econbiz.de/10012507648
We evaluate the effects of structural tax reforms on government spending efficiency in a sample of OECD economies over …
Persistent link: https://www.econbiz.de/10012507649
rewarded by financial markets via higher sovereign debt ratings. In addition, higher inflation and government indebtedness lead …
Persistent link: https://www.econbiz.de/10012507660
We investigate the effect on municipality spending efficiency of a local property tax reform, which reduced in 2008 the upper limit of the property tax. We compute municipality efficiency scores via data Envelopment Analysis (DEA) from 2005 to 2011, and then we rely in a panel data set to...
Persistent link: https://www.econbiz.de/10013177572
This paper empirically links the efficiency and performance assessment of the general government, proxied by efficiency … scores, to the trust in government. Government spending efficiency scores are first computed via data envelopment analysis … more efficient countries in terms of government spending are Australia, Chile, Ireland, New Zealand, South Korea …
Persistent link: https://www.econbiz.de/10013470334
We assess the public spending efficiency of 20 Latin American countries over the period of 2000-2019, computing Data Envelopment Analysis efficiency scores. For the Public Sector Performance composite indicator, we use the annual data of socio-economic indicators, and for the input measure we...
Persistent link: https://www.econbiz.de/10013470354