Showing 1 - 10 of 18,348
This paper provides evidence that austerity shocks have long-run negative effects on GDP. Besides addressing the important gap in the growing fiscal research regarding the short time horizon of the estimations, this paper analyzes two other important assumptions made in the literature regarding...
Persistent link: https://www.econbiz.de/10014229776
Persistent link: https://www.econbiz.de/10011546710
Persistent link: https://www.econbiz.de/10011761965
Persistent link: https://www.econbiz.de/10010237915
Based on neoclassical theory, cutting budget deficits has come to be seen as a principal way to increase long …
Persistent link: https://www.econbiz.de/10009381193
consumption and the government spending multiplier, given that consumption and labor are somewhat complementary. -- Trend growth … ; price and wage staggering ; government spending multiplier …
Persistent link: https://www.econbiz.de/10008821669
Persistent link: https://www.econbiz.de/10001606462
Persistent link: https://www.econbiz.de/10011997571
closely related to the harshness of fiscal austerity. Cumulative multiplier estimates are found to vary in a range from 1.4 to … 2.1, depending on the data source used to identify the intensity of fiscal consolidation. Given these multiplier values …
Persistent link: https://www.econbiz.de/10011778844
The literature on remittances is large and growing. However, its focus has mainly been on the effects of remittance inflows on the receiving economies. Little has been done on the sending economies. In this paper, we use data from Saudi Arabia, one of the top remitting countries in the world, to...
Persistent link: https://www.econbiz.de/10011881574