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Fiscal consolidation in German and Greek local governments : reform attempts, supervision and local measures
Kolliniati, Maria-Artemis; Stolzenberg, Philipp; … - In: Local public finance : an international comparative …, (pp. 267-279). 2021
local governments largely relied on increasing tax rates. The one commonality is in the field of regulation, when both …
Persistent link: https://www.econbiz.de/10012587011
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Determinants of fiscal distress in Italian municipalities
Gregori, Wildmer Daniel; Marattin, Luigi - 2015
Fiscal distress of local governments and municipalities is a non-negligible component of the public finance turmoil after the Great Recession. In this paper we consider a dataset of Italian municipalities over the period 2000-2012 and look for the main budget determinants of local default....
Persistent link: https://www.econbiz.de/10011714264
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On the determinants of local government debt : does one size fit all?
Balaguer-Coll, Maria Teresa; Prior, Diego; … - In: International public management journal 19 (2016) 4, pp. 513-542
Persistent link: https://www.econbiz.de/10011576337
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From recession to renewal : the impact of the financial crisis on public services and local government
Richardson, Joanna (ed.) - 2011
Persistent link: https://www.econbiz.de/10013551108
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The great financial crisis : causes and consequences
Foster, John Bellamy; Magdoff, Fred - 2009
In the fall of 2008, the United States was plunged into a financial crisis more severe than any since the Great Depression. As banks collapsed and the state scrambled to organize one of the largest transfers of wealth in history, manyincluding economists and financial expertswere shocked by the...
Persistent link: https://www.econbiz.de/10003772495
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Individual versus aggregate collateral constraints and the overborrowing syndrome
Uribe, Martín - 2006
Persistent link: https://www.econbiz.de/10003330723
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Irving Fisher, debt deflation and crises
Shiller, Robert J. - 2011
Persistent link: https://www.econbiz.de/10009243363
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The two approaches to money : debt, central banks, and functional finance
Mastromatteo, Giuseppe; Esposito, Lorenzo - 2015
The scientific reassessment of the economic role of the state after the crisis has renewed interest in Abba Lerner’s theory of functional finance (FF). A thorough discussion of this concept is helpful in reconsidering the debate on the nature of money and the origin of the business cycle and...
Persistent link: https://www.econbiz.de/10011392820
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Fiscal consolidation policies in the context of Italy's two recessions
Figari, Francesco; Fiorio, Carlo V. - 2015
a second serious recession in 2011 because of the sovereign debt crisis. The reaction of Italian governments was mild at … the beginning and more convinced since the start of the sovereign debt crisis in 2011. Adopted policies contributed to … Italian economy to reduce the level of public debt and to return to sustained economic growth, which has been very weak for …
Persistent link: https://www.econbiz.de/10011284961
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A note on debt and economic activity
Angeles, Luis - 2015
Persistent link: https://www.econbiz.de/10011374670