This paper examines effects of political ideology of a governing party on fiscal outcomes, using data from eight Central and Eastern European countries in the 2001-2017 period. The analysis shows that there is a statistically significant effect of conservative governments on fiscal variables,...

This paper analyzes the impact of economic freedom along with traditional economic factors on economic growth for a panel of European countries. The growth of the gross domestic product was observed over a twenty-year time period on a sample of 43 developing and developed countries. Based on a...

This paper examines effects of political ideology of a governing party on fiscal outcomes, using data from eight Central and Eastern European countries in the 2001-2017 period. The analysis shows that there is a statistically significant effect of conservative governments on fiscal variables,...

In the article on the EU Fiscal Compact we are trying to show that the Fiscal Compact as adopted in its current form does not necessarily lead to the improved quality of fiscal policy in the Eurozone. At the same time it disproportionally interfers with the autonomous fiscal policies of the...

Several studies investigate the relationship between government debt/deficit ratios and the real long-term interest rates, but the empirical evidence is not conclusive enough for consensus building. Evidence for statistically weak or mixed association is as much as the evidence for a strong...

In some ways, a 2012 symposium on “Dilemmas of State Debt” may seem a bit behind the news curve. At the end of 2010, municipal bond markets were in a deep funk. Analysts predicted that countless municipalities and perhaps one or more of the United States might default on their debt...

Im Jahr 2004 begann Eurostat für alle Mitgliedsländer der Europäischen Union harmonisierte Zahlen zu den Arbeitskosten je Stunde zu veröffentlichen. Damit sind zum ersten Mal international vergleichbare Daten über einen längeren Zeitraum (ab 1995) verfügbar, die Ländervergleiche und...