In the 24th IEA Discussion Paper, David B. Smith takes an historical perspective on the 2009 Budget forecasts. His analysis concludes that the budget deficit will reach levels that are unprecedented in peacetime.The government's preferred market-price GDP measure overstates national output...

Emerging economies have been subject to abrupt reversals in capital inflows, which have adverse consequences for economic activity and financial stability. An important question for policymakers is how to respond to a sudden loss of external financing and its negative effects on the domestic...

This paper assesses the prospects for monetary integration between Emerging East Asian (EEA) economies. Our empirical analysis is based on a simple analytical framework for currency unions of small open economies, with a focus on the conduct of monetary policy in the presence of different types...

It is clear from the implications of growth theory that the impact of aid depends on how it affects savings, investment and government behaviour. In respect of low-income countries, which are the principal aid recipients and the economies for which the issue of the impact of aid on growth is...

This paper uses the cointegrated vector autoregressive (CVAR) model to assess the dynamic relationship between foreign aid inflows, public expenditure, revenue and domestic borrowing in Ethiopia. It departs from the existing literature by using a unique quarterly fiscal dataset (1993-2008) and...

The causal relationship between government revenue and government expenditure is an important subject in public economics especially to the control of budget deficit. The purpose of this study is to investigate the relationship between government revenue and government expenditure in Iran by...

In Zusammenarbeit mit dem Bundesamt für Bauwesen und Raumordnung hat das IAB die Möglichkeiten einer regionalen Zurechnung der Einnahmen und Ausgaben von Arbeitslosen-, Renten- und Krankenversicherung geprüft. Der vorliegende Forschungsbericht zeigt die Vorgehensweise und die Ergebnisse dazu...