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Führt eine private Finanzierung von Infrastrukturprojekten zu größerer Wirtschaftlichkeit, oder ist dies nur eine Umgehung der Schuldenbremse? Für Alfons Weichenrieder, Universität Frankfurt, liegt der Verdacht nahe – so ökonomisch sinnvoll im Einzelfall der Einsatz eines Public Private...
Persistent link: https://www.econbiz.de/10011693731
In Ergänzung zu den Beiträgen im ifo Schnelldienst 22/2014 führt Steffen Kampeter, Bundesministerium der Finanzen, aus, dass bei entsprechenden Rahmenbedingungen die Mobilisierung privaten Kapitals für öffentliche Projekte sowohl für die öffentliche Hand als auch für die privaten...
Persistent link: https://www.econbiz.de/10011693754
As nations struggle to restart their economy after Covid-19 lockdowns, calls to include green investments in a pandemic-related stimulus are growing. Yet little research provides evidence of the effectiveness of a green stimulus. We begin by summarizing recent research on the effectiveness of...
Persistent link: https://www.econbiz.de/10012269489
We build a dynamic general equilibrium model with heterogeneous households, namely Rich and Poor, and capital skill …. Along the transition, wage inequality significantly increases due to the capital skill complementarity structure of the … production function. Specifically, this happens because debt consolidation crowds in capital and this favours Rich (skilled …
Persistent link: https://www.econbiz.de/10012389602
spending cannot fully pay for itself despite public and private capital being underprovided. We further find long-run output …
Persistent link: https://www.econbiz.de/10013177564
infrastructure investment, human capital investment (education, health, family policy, gender policy) and spending on natural capital …
Persistent link: https://www.econbiz.de/10013191633
Since the new German federal government has imposed tight fiscal policy restrictions on itself, a pragmatic approach is needed to finance the spending requirements of the transformation. The financing instruments mentioned in the coalition agreement appears to be suitable in principle for...
Persistent link: https://www.econbiz.de/10013343008
This article has three goals. First, it describes the genesis of fiscal rules in Peru and its degree of compliance. Second, it estimates the effect of fiscal rules adoption on public investment. Last, it analyzes the impact of alternative fiscal rules on public investment and public debt...
Persistent link: https://www.econbiz.de/10012604857
This paper reviews the design and operation of the Chilean fiscal rule in the past 30 years. Using different empirical approaches, we assess its impact on fiscal procyclicality, public debt, and public investment. While there has been substantial progress in building a modern institutional...
Persistent link: https://www.econbiz.de/10012604860
The core objective of this study is to determine the impacts of improvement and modernization of transport infrastructure on households' income. We analyzed the impacts of a rapid transit system in urban areas of Punjab Province, Pakistan. We have compared the effects of this program in Punjab...
Persistent link: https://www.econbiz.de/10012610044