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We introduce a new suite of macroeconomic models that extend and complement the Debt, Investment, and Growth (DIG …'s properties by analyzing the growth, debt, and distributional consequences of big-push public investment programs with different … mixes of investment in human capital and infrastructure. We show that investment in human capital is much more effective …
Persistent link: https://www.econbiz.de/10012252029
German fiscal policy is nowadays often presented as a shining example due to successful budget consolidation after the Great Recession. However, the idea that the German success is the result of a well-thought-out economic strategy that could therefore serve as a role model for other countries...
Persistent link: https://www.econbiz.de/10010348931
The study examines the long run relationship and interconnections between public debt and domestic investment in 13 … Squares (FMOLS), debt (% of GDP) and external debt have an insignificant effect on investment in the long run, suggesting the … negligible effect of public debt on the level of investments. But domestic investment Granger causes public debt indicators …
Persistent link: https://www.econbiz.de/10012314245
Persistent link: https://www.econbiz.de/10014432289
the different response of business confidence and private investment. …
Persistent link: https://www.econbiz.de/10010463614
We empirically assess whether a usually expected negative response of private consumption and private investment to a … there is a fiscal consolidation; iii) there is a crowding-in effect for private investment, from fiscal contractions …
Persistent link: https://www.econbiz.de/10012504460
remain low and investment activity is weak. This questions current economic policies of the Economic and Monetary Union … investment volume of 315 billion Euro should be made available, enabled by 21 billion Euro of public money. The budget … expansive public investment conducted through these Synergetic Financial Instruments and thus gathers information to undertake …
Persistent link: https://www.econbiz.de/10011380141
This study sets out to examine the nexus between fiscal policy and private investment in five selected West African … the tax systems to prevent the negative effects of public debt on private investment. …
Persistent link: https://www.econbiz.de/10011535066
Persistent link: https://www.econbiz.de/10012627378
Persistent link: https://www.econbiz.de/10011669726