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Output volatility in developing countries
De Hart, Petrus Jacobus - 2008
Over the past few decades, many countries have experienced a marked decline in the volatility of output. However, there is still a significant difference between developed and developing countries in the level of output volatility. A proposed explanation for this phenomenon is the impact of...
Persistent link: https://www.econbiz.de/10009457744
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Essays on Fiscal Policy and the Support for Economic Reform in Emerging Europe
Eller, Markus - 2011
This doctoral thesis addresses in a sequence of five essays the question how fiscal policy and economic output are interrelated in emerging Europe and how this relationship is shaped by the respective politico-economic environment and the individual-level support for economic reforms. Following...
Persistent link: https://www.econbiz.de/10009480955
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Fiscal multipliers in turbulent times : the case of Spain
Hernández de Cos, Pablo; Moral-Benito, Enrique
responses to fiscal policy? Despite important advances reported in the literature, quantifying the size of the fiscal multiplier … remains a challenge. Indeed, the quest to estimate a unique fiscal multiplier is probably an ill-posed one. The magnitude of … the multiplier may well depend on country- and time-specific characteristics of the fiscal stance under scrutiny. In this …
Persistent link: https://www.econbiz.de/10012530416
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Fiscal multipliers across the credit cycle
Borsi, Mihály Tamás - 2016
Este trabajo estudia las diferencias entre los multiplicadores fiscales a lo largo del ciclo de crédito en las economías de la OCDE. Se obtienen respuestas al impulso mediante un modelo estado dependiente con proyecciones directas, en el que los multiplicadores dependen del estado de los...
Persistent link: https://www.econbiz.de/10012530519
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The Flat Tax: An Examination of the Baltic States
Greenberg, Deena - 2009
The idea of a flat tax, a tax levied at a single rate, has become an increasingly discussed and implemented fiscal strategy across Europe and the rest of the world. Estonia, Latvia, and Lithuania adopted flat tax systems in 1994 and 1995, making them the first modern countries to adopt flat...
Persistent link: https://www.econbiz.de/10009438702
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FISCAL POLICY, DEFAULT AND EMERGING MARKET BUSINESS CYCLES
Parmaksiz, Omer K - 2010
Developing country fiscal policy outcomes documented in data point to stark differences compared with developed ones. Most prominent difference is the excessive volatility of government consumption and transfer payments and their positive correlation relative to output. This seemingly...
Persistent link: https://www.econbiz.de/10009439198
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Analyzing Growth and Welfare Effects of Public Policies in Models of Endogenous Growth with Human Capital: Evidence from South Africa
Badibanga, Thaddee Mutumba - 2008
Since the abolition of its Apartheid regime in 1994, South Africa has launched a massive program of education, which has been financed through resources representing on average 21% of the national budget or 7% of GDP. Today, the GDP share of public spending on education is 1.3 times the average...
Persistent link: https://www.econbiz.de/10009443249
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Analysis of the Relationship between State Budget and Trade Balance of Libyan Economy (Period: 2000 – 2008)
Maitah, M.; der Ali, A. - 2010
The subject of the relationship between state budget and trade balance is important as economic subject, not only at the level of developing countries, but also at of advanced ones, too. Such importance emerged clearly when 1980s witnessed in United States of America a deficit in both state...
Persistent link: https://www.econbiz.de/10009443741
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Growth, Income Inequality and Aid Giving: Looking for an Aid-Kuznets Curve
Sobhee, Sanjeev K.; Nath, Shyam - 2007
This paper contributes to the literature on foreign aid by exclusively explaining a donor’s motivation for foreign external assistance. The underlying framework focuses on recipients’ needs for foreign aid to address income inequality as and when growth occurs. A tax-subsidy policy is...
Persistent link: https://www.econbiz.de/10009444774
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Public goods, environmental externalities and fiscal competition: Selected papers on competition, efficiency and cooperation in public economics
Chander, Parkash (contributor); Drèze, Jacques (contributor) - 2006
The twenty-two papers collected in this volume illustrate the itinerary of Henry Tulkens, an applied theorist, on the occasion of his retirement from teaching. The collection is structured in four parts: I. Decentralized resource allocation processes for public and private goods - II....
Persistent link: https://www.econbiz.de/10009448276