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order to shed light on these interlinkages, it is useful to have a closer look at the concept of the "fiscal contract … proactively support, the fiscal contract, and (ii) level of involvement, that is, the share of the population that is involved as … revenue collection and social policies can have on the fiscal contract and beyond, and we call on donors and policy …
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The United States government recently passed legislation and stabilization packages to respond to the COVID-19 (i.e., coronavirus disease 2019) outbreak by providing paid sick leave, tax credits, and free virus testing; expanding food assistance and unemployment benefits; and increasing Medicaid...
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Goal of the text is show that although non-standard monetary policy conducted by major central banks is quite efficient in stabilizing post-crisis economy, there are few important side effects of such policy. One of the most important side effect of superexpansionary monetary policy is creating...
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This paper investigates whether social cohesion makes economic reforms more likely. First, we investigated whether social cohesion is a coherent concept by using a principal-component factor (PCF) analysis covering 16 indicators used to measure social cohesion in the previous literature for 40...
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