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The relevance of an optimal policy mix in the CEMAC zone
Kouam, Jean C.; Asongu, Simplice - 2022
The study analyses the nature of the nexus between budget deficit and economic growth given inflation trends. It focuses on data from the six CEMAC countries for the period 2000 to 2021. The employs unit root tests and the generalized method of moments (GMM) for the empirical evidence. The...
Persistent link: https://www.econbiz.de/10013468206
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Seven replies to the critiques of Modern Money Theory
Tymoigne, Éric - 2021
prevails, the fiscal position and the public debt are poor metrics for judging the viability of a public purpose and its pace …
Persistent link: https://www.econbiz.de/10012795769
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The Impact of the Global Crisison South-Eastern Europe
Spadafora, Francesco; Cocozza, Emidio; Colabella, Andrea - International Monetary Fund (IMF) - 2011
This paper analyzes the impact of the global crisis on six South-Eastern European countries. The main objective is to compare macro-financial conditions and policies in the run-up to the crisis as well as to compare the policy responses to it, so as to highlight, inter alia, possible...
Persistent link: https://www.econbiz.de/10009401192
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Walking Hand in Hand; Fiscal Policy and Growth in Advanced Economies
Jaramillo, Laura; Cottarelli, Carlo - International Monetary Fund (IMF) - 2012
long-run interactions between economic growth and fiscal policy. Many countries must reduce high public debt to GDP ratios … in fiscal indicators, including deficits, debt, and financing costs. Revenue and expenditure policies are also critical …
Persistent link: https://www.econbiz.de/10011242178
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Macro-governance, macroeconomic policy and economic performance : why Pacific Asia performs better
Fry, Maxwell J. - 1998
Persistent link: https://www.econbiz.de/10001366919
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Fiscal Policy Shocks and Macroeconomic Growth in South Africa : Missing Links and Policy Gaps
Ndou, Eliphas; Gumata, Nombulelo - 2023
Chapter 1 Introduction -- Chapter 2 Synopsis of fiscal policy in South Africa: 1994 – 2020 -- Part 1: Government debt … -- Chapter 3 Effects of government debt on output, household consumption and gross fixed capital formation: Role of the credit … conditions channel -- Chapter 4 Government debt and household consumption: the influence of the wealth channel -- Chapter 5 …
Persistent link: https://www.econbiz.de/10014362489
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Do budget deficits crowd out private investment? : an analysis of the South African economy
Biza, Rumbidzai Aime; Mingiri, Kapingura Forget; … - In: International journal of economic policy in emerging … 8 (2015) 1, pp. 52-76
Persistent link: https://www.econbiz.de/10011347580
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Innovation-led growth in a time of debt
Ferraro, Domenico; Peretto, Pietro F. - In: European economic review : EER 121 (2020), pp. 1-32
Persistent link: https://www.econbiz.de/10012264288
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A modern history of fiscal prudence and profligacy
Mauro, Paolo; Romeu, Rafael; Binder, Ariel; Zaman, Asad - In: Journal of monetary economics 76 (2015), pp. 55-70
Persistent link: https://www.econbiz.de/10011569685
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Fiscal consolidation by austerity and EU surveillance policies
Iancu, Aurel; Olteanu, Dan - 2015
After a brief introduction dealing with critical opinions of some economists on the European austerity policy, the authors point out that austerity as a means of achieving fiscal consolidation and financial stability is applied when the fiscal domain is weak. After analyzing the effects of the...
Persistent link: https://www.econbiz.de/10011576575