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1
From Fiscal Austerity towards Growth-Enhancing Fiscal Policy in Ukraine
Bogdan, Tetiana
;
Gligorov, Vladimir
;
Havlik, Peter
; …
-
2017
The study analyses the dynamics and the structure of Ukraine's public finances. It assesses the medium-term impact of fiscal austerity 2014-2016, examines fiscal sustainability and estimates further fiscal adjustment efforts. It evaluates the economic and social implications of current fiscal...
Persistent link: https://www.econbiz.de/10012100153
Saved in:
2
The scarring effects of major economic downturns: The role of fiscal policy and government investment
Larch, Martin
;
Claeys, Peter
;
Van Der Wielen, Wouter
-
2022
Long shunned as slow and ill timed, the response to the Covid-19 pandemic initiated a reassessment of fiscal policy as stabilisation tool. At the same time, there is ample evidence that major economic downturns produce lasting effects on real GDP in spite of active fiscal policy interventions....
Persistent link: https://www.econbiz.de/10013450921
Saved in:
3
Could/should Jubilee debt cancellations be reintroduced today?
Hudson, Michael
;
Goodhart, Charles A. E.
-
2018
In this paper the authors recall the history of Jubilee debt cancellations, emphasizing what their social purpose was at that time. They note that it would not be possible to copy that procedure exactly nowadays, primarily because most debt/credit relationships are intermediated via financial...
Persistent link: https://www.econbiz.de/10011822179
Saved in:
4
Could/should Jubilee debt cancellations be reintroduced today? If not, what alternative measures of debt relief and
redistribution
might be possible?
Hudson, Michael
;
Goodhart, Charles A. E.
- In:
Economics: The Open-Access, Open-Assessment E-Journal
12
(
2018
)
2018-45
,
pp. 1-25
In this paper the authors recall the history of Jubilee debt cancellations, emphasizing what their social purpose was at that time. They note that it would not be possible to copy that procedure exactly nowadays, primarily because most debt/credit relationships are intermediated via financial...
Persistent link: https://www.econbiz.de/10011879005
Saved in:
5
Is the Deficit under Control?
Bonin, Holger
;
Abio, Gemma
;
Berenguer, Eduardo
;
Gil, Joan
; …
-
2001
government budget, as social insurance in
Spain
is not actuarially fair. Finally, we also assess the impact of a decline in …
Persistent link: https://www.econbiz.de/10010262513
Saved in:
6
Returning to Surplus: New Zealand's Post-GFC Fiscal Consolidation Experience
Bose, Dhritidyuti
;
Philip, Renee
;
Sullivan, Richard
-
2016
New Zealand's fiscal outlook deteriorated following the Global Financial Crisis, and in late 2008 fiscal projections showed net government debt in New Zealand increasing from 5% of GDP to around 40% within 10 years, mostly reflecting permanently lower expectations for future tax revenue. These...
Persistent link: https://www.econbiz.de/10012115711
Saved in:
7
The dynamic behaviour of budget components and output
Afonso, António
;
Claeys, Peter
-
2007
budget balance in France, Germany, Portugal, and
Spain
. We try to uncover past trends behind the development of public …
Persistent link: https://www.econbiz.de/10011604821
Saved in:
8
Fiscal policy rules in practice
Thams, Andreas
-
2007
This paper analyzes German and Spanish fiscal policy using simple policy rules. We choose Germany and
Spain
, as both … and
Spain
generally exhibit a positive relationship between government revenues and debt. Using Markov …
Persistent link: https://www.econbiz.de/10010263682
Saved in:
9
What are the effects of fiscal policy shocks? A VAR-based comparative analysis
Caldara, Dario
;
Kamps, Christophe
-
2008
The empirical literature using vector autoregressive models to assess the effects of fiscal policy shocks strongly disagrees on even the qualitative response of key macroeconomic variables to government spending and tax shocks. We provide new evidence for the U.S. over the period 1955-2006. We...
Persistent link: https://www.econbiz.de/10011604923
Saved in:
10
What are the effects of fiscal policy shocks?
Mountford, Andrew
;
Uhlig, Harald
-
2005
We propose and apply a new approach for analyzing the effects of fiscal policy using vector autoregressions. Unlike most of the previous literature this approach does not require that the contemporaneous reaction of some variables to fiscal policy shocks be set to zero or need additional...
Persistent link: https://www.econbiz.de/10010263594
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