Narrow search
Showing 1 - 10 of 3,356
Cover Image
Fiscal Crises
Gerling, Kerstin - 2017
A key objective of fiscal policy is to maintain the sustainability of public finances and avoid crises. Remarkably, there is very limited analysis on fiscal crises. This paper presents a new database of fiscal crises covering different country groups, including low-income developing countries...
Persistent link: https://www.econbiz.de/10012956473
Cover Image
Reopening the Case for a Balanced Budget Amendment
Larson, Sven R. - 2014
Congress has expressed interest, one way or the other, in a balanced-budget requirement for the past six decades. Yet … despite numerous attempts, the legislative body has never passed a constitutional balanced-budget amendment. Most of the …. Less time and effort has been spent on economic analysis. This paper discusses how a balanced-budget requirement would …
Persistent link: https://www.econbiz.de/10013043147
Cover Image
New Fiscal Crisis Looming for the U.S
Wind, Serge L. - 2010
-sustainable strategy. A combination of government-imposed tax increases and sustained cuts in non-interest government spending, most likely …
Persistent link: https://www.econbiz.de/10013142255
Cover Image
The fiscal compact and current account patterns in Europe
Behrendt, Stefan - 2014
This paper shall give an overview of the implications to the sectoral balances stemming from the implementation of the Fiscal Compact in the Euro area in 2013. Since there is noew a more or less strict limit to deficit spending - absent from cyclical factors - some other sector has to make up...
Persistent link: https://www.econbiz.de/10010436737
Cover Image
Debt Control : An Alternative Route to a Balanced Budget
Larson, Sven R. - 2014
This paper discusses an alternative route to a balanced budget, namely through debt control. Two models are compared …
Persistent link: https://www.econbiz.de/10013039778
Cover Image
Impact of fiscal institutions on public finances in the European Union : review of evidence in the empirical literature
Gorčák, Martin; Šaroch, Stanislav - In: Národohospodářský obzor : časopis věnovaný … 21 (2021) 2, pp. 215-232
This paper examines the impact of budgetary institutions on public finances in the European Union on the basis of a critical survey of the relevant theoretical and empirical literature. In general, the authors find that fiscal institutions (namely fiscal rules) have successfully contributed to...
Persistent link: https://www.econbiz.de/10012598898
Cover Image
Assessing Dutch Fiscal and Debt Sustainability
Carton, Benjamin; Fouejieu, Armand - 2021
Although the Netherlands entered the so-called Great Lockdown with a strong fiscal position, the Dutch fiscal balance is projected to deteriorate by an unprecedented magnitude, largely as a result of necessary fiscal measures deployed to weather the economic impact of the COVID-19 pandemic. This...
Persistent link: https://www.econbiz.de/10013250092
Cover Image
Estimating a Fiscal Reaction Function : The Case of Debt Sustainability in Brazil
de Mello, Luiz - 2005
changes in indebtedness by adjusting their primary budget surplus targets. In addition, the central government appears to …
Persistent link: https://www.econbiz.de/10012445160
Cover Image
Estimating a fiscal reaction function for Nigeria
Ogiji, Patricks; Ajayi, Kayode J. - In: CBN journal of applied statistics 11 (2020) 1, pp. 35-63
stylized facts reveals that the government had continued to run budget deficits for almost the entire period, except for a few …
Persistent link: https://www.econbiz.de/10012297481
Cover Image
On the estimation of panel fiscal reaction functions : heterogeneity or fiscal fatigue?
Everaert, Gerdie; Jansen, Stijn - 2017
This paper investigates whether fiscal fatigue is a robust characteristic of the fiscal reaction function in a panel of OECD countries over the period 1970-2014 or merely an artifact of ignoring important aspects of the panel dimension of the data. More specifically, we test whether the...
Persistent link: https://www.econbiz.de/10011656142