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Day of reckoning : output losses from fiscal stabilizations
Ferraro, Domenico; Peretto, Pietro F. - 2018
context of a general equilibrium model of innovation-led growth. In the model, innovation comes from entrant firms creating …
Persistent link: https://www.econbiz.de/10012125472
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Consolidating the Covid debt
Keuschnigg, Christian; Johs, Julian; Stevens, Jacob - 2021
growth enhancing tax and expenditure reform. We quantitatively illustrate that this reform based strategy, by … reapingsubstantial efficiency gains and inducing strong growth, eliminates the Covid debt, protects per capita social entitlements and …
Persistent link: https://www.econbiz.de/10012796971
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Demand-side economics in times of high debt : the case of the European Union
Köppl-Turyna, Monika; Lorenz, Hanno - 2016
We analyze the effectiveness of an increase in government consumption for stimulating growth for diverse levels of … public debt in the European Union. We conclude, that growth rate can be stimulated in the short run by an increase in … more effective than an increase in compensation of public employees in stimulating output growth. …
Persistent link: https://www.econbiz.de/10011717820
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Does sustainability of currency union critically depend on fiscal discipline among its members? : evidence of Wagner's law in West Africa
Iyare, Sunday Osaretin; Lorde, Troy; Francis, Brian - In: West African journal of monetary and economic … 5 (2005) 2, pp. 87-118
Persistent link: https://www.econbiz.de/10003423929
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Empirical Studies on Public Debt and Fiscal Transfers
Reischmann, Markus Josef - 2016
This volume includes five self-contained chapters in the fields of public debt and fiscal transfer schemes. After an introduction to the topic, chapter 2 shows that the institutional setting of fiscal policy making needs to be considered when assessing the sustainability of fiscal policy. Using...
Persistent link: https://www.econbiz.de/10011698353
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Does Austerity Cause Polarization?
Huebscher, Evelyne - 2020
Most party systems have seen a considerable rise in polarization during the past decades. We show that fiscal policies have contributed to this development. Our macro-level analysis of 166 elections since 1980 finds that austerity increases both electoral abstention and votes for non-mainstream...
Persistent link: https://www.econbiz.de/10012841064
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Ideologically-Charged Terminology : Austerity, Fiscal Consolidation, and Sustainable Governance
Gründler, Klaus - 2019
-2014 and examine how austerity is associated with economic growth. The results show that depending on how austerity is measured …
Persistent link: https://www.econbiz.de/10012871647
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The Greek Crisis : A Gandhian Perspective
Ashta, Arvind - 2016
Greece has been witnessing higher death rates, suicides, increased prostitution, emigration and the splitting up of families, rationing of bank withdrawals and capital controls in the last few years. This paper studies the Greek crisis as evidenced by its balance of payments over the last 18...
Persistent link: https://www.econbiz.de/10013003829
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Ideologically-charged terminology : austerity, fiscal consolidation, and sustainable governance
Gründler, Klaus; Potrafke, Niklas - 2019
-2014 and examine how austerity is associated with economic growth. The results show that depending on how austerity is measured …
Persistent link: https://www.econbiz.de/10011997341
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Empirical studies on public debt and fiscal transfers
Reischmann, Markus Josef - 2016
This volume includes five self-contained chapters in the fields of public debt and fiscal transfer schemes. After an introduction to the topic, chapter 2 shows that the institutional setting of fiscal policy making needs to be considered when assessing the sustainability of fiscal policy. Using...
Persistent link: https://www.econbiz.de/10011742833