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Soft budget constraints, taxes, and the incentive to cooperate

Aizenman, Joshua - 1990

Persistent link: https://www.econbiz.de/10000811739

Soft budget constraints, taxes, and the incentive to cooperate

Aizenman, Joshua - In: International economic review 34 (1993) 4, pp. 819-832

Persistent link: https://www.econbiz.de/10001152828

Fiscal space and increasing fiscal resilience

Aizenman, Joshua; Jinjarak, Yothin; Nguyen, Hien Thi Kim; … - 2019

The paper compares fiscal cyclicality across regions and countries from 1960 to 2016. It finds that more than half of 170 countries analyzed in seven regions had, in more recent years, limited fiscal space, and that their fiscal policy was either cyclical or procyclical. This was particularly...

Persistent link: https://www.econbiz.de/10012020530

Fiscal challenges in multilayered unions : an overview and case study

Aizenman, Joshua; Gunnar Gunnarsson - 2014

Persistent link: https://www.econbiz.de/10010430652

Income inequality, tax base and sovereign spreads

Aizenman, Joshua; Jinjarak, Yothin - 2012

This paper investigates the association between greater income inequality, de-facto fiscal space, and sovereign spreads. Using data from 50 countries in 2007, in 2009 and in 2011, we find that higher income inequality is associated with a lower tax base, lower de-facto fiscal space, and higher...

Persistent link: https://www.econbiz.de/10009552172

Income inequality, tax base and sovereign spreads

Aizenman, Joshua; Jinjarak, Yothin - 2012

Persistent link: https://www.econbiz.de/10009562202

Income inequality, tax base and sovereign spreads

Aizenman, Joshua; Jinjarak, Yothin - 2011

This note investigates the impact of greater income inequality on the tax base, on the defacto fiscal space, and the sovereign spreads. Using data from 50 countries in 2005 and in 2010, we find that higher income inequality is associated with a lower tax base, lower de-facto fiscal space, and...

Persistent link: https://www.econbiz.de/10009316243

The impact of inflation on budgetary discipline

Aizenman, Joshua; Hausmann, Ricardo - In: Journal of development economics 63 (2000) 2, pp. 425-449

Persistent link: https://www.econbiz.de/10001529952

Income inequality, tax base and sovereign spreads

Aizenman, Joshua; Jinjarak, Yothin - In: FinanzArchiv : public finance analysis 68 (2012) 4, pp. 431-444

Persistent link: https://www.econbiz.de/10009703923

The Impact of Inflation on Budgetary Discipline

Aizenman, Joshua - 1995

allows a minister, whose realized real budget falls short of a threshold, to ask for a treasury, the minister obtains the … extra funds needed to meet the expenditure threshold level. The contract sets both the projected budget and the threshold … real expenditure that justifies budget revisions. We identify the efficient contract and show that for significant state …

Persistent link: https://www.econbiz.de/10012473531