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Expenditure Rules: Effective Tools for Sound Fiscal Policy?
Cordes, Till; Kinda, Tidiane; Muthoora, Priscilla S.; … - International Monetary Fund (IMF) - 2015
This paper provides new evidence on the effectiveness of expenditure rules. The analysis is based on a unique dataset covering all countries with national and supranational fiscal rules, including 33 expenditure rules, between 1985 and 2013. It contributes to the existing literature on fiscal...
Persistent link: https://www.econbiz.de/10011242394
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Estimation of the Mechanisms for Automatic Fiscal Stabilization. The Romanian Case
SOCOL, Aura Gabriela; SOCOL, Cristian - In: Theoretical and Applied Economics XVIII(2012) (2012) 3(568), pp. 15-26
The set of fiscal rules within the Euro area are based on the functionality of the automatic stabilizers as a main instrument of the fiscal stabilization. This non-discretionary approach should guarantee that the evolution of the current budget deficit is anti-cyclic and thus it should...
Persistent link: https://www.econbiz.de/10010857178
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Growing (Un)equal: Fiscal Policy and Income Inequality in China and BRIC+
Cevik, Serhan; Correa-Caro, Carolina - International Monetary Fund (IMF) - 2015
This paper investigates the empirical characteristics of income inequality in China and a panel of BRIC+ countries over …€”an inverted Ushaped relationship between income inequality and economic development—in China and the panel of BRIC+ countries …. In the case of China, the empirical results indicate that government spending and taxation have opposing effects on …
Persistent link: https://www.econbiz.de/10011242236
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Fiscal policy in EMU after the reform of the european stability and growth pact
Weber, Manfred; Knappe, Karl - In: CESifo Forum 8 (2007) 4, pp. 45-51
Persistent link: https://www.econbiz.de/10004998579
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Stability, subsidiarity and sustainability
Eichel, Hans - In: CESifo Forum 3 (2002) 1, pp. 44-47
Persistent link: https://www.econbiz.de/10004998615
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The Future of the European Growth and Stability Pact
Eichengreen, Barry; Papademos, Lucas D. - In: CESifo Forum 4 (2003) 2, pp. 68-77
Persistent link: https://www.econbiz.de/10004998660
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Fiscal policy and fiscal rules in the European Union
Tanzi, Vito - In: CESifo Forum 6 (2005) 3, pp. 57-64
Persistent link: https://www.econbiz.de/10004998702
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Pension and medicost reform - averting the demoghaphic/fiscal demise
Kotlikoff, Laurence - In: CESifo Forum 6 (2005) 4, pp. 37-41
Persistent link: https://www.econbiz.de/10004998739
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Sustainability of fiscal policy in the EU-15
Afonso, António - In: CESifo DICE Report 4 (2006) 1, pp. 34-38
Persistent link: https://www.econbiz.de/10005037403
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The Elusive Quest for Inclusive Growth; Growth, Poverty, and Inequality in Asia
Balakrishnan, Ravi; Steinberg, Chad; Syed, Murtaza H. - International Monetary Fund (IMF) - 2013
This paper assesses how pro-poor and inclusive Asia’s recent growth has been, and what factors have been driving these outcomes. It finds that while poverty has fallen across the region over the last two decades, inequality has increased, dampening the impact of growth on poverty reduction. As...
Persistent link: https://www.econbiz.de/10011242249