Narrow search
Showing 1 - 10 of 649
Cover Image
Regulatory Expenditures, Economic Growth and Jobs : An Empirical Study
Beard, Thomas Randolph - 2011
With a sluggish economy, high unemployment, and unprecedented deficit spending, growing the economy and curbing federal spending are top priorities in Washington. A now-popular target for reform is regulation, which even President Obama claims to have "stifled innovation" and to have had "a...
Persistent link: https://www.econbiz.de/10013125656
Cover Image
Corruption, seigniorage and growth: theory and evidence
Blackburn, Keith; Neanidis, Kyriakos C.; Haque, M. Emranul - 2008
transmission channel. At the theoretical level, we develop a simple dynamic general equilibrium model in which financial … empirical level, we use data on 82 countries over a 20-year period to test the predictions of our model. Taking proper account …
Persistent link: https://www.econbiz.de/10010264401
Cover Image
Economic and political determinants of budget deficits in the European Union: a dynamic random coefficient approach
Bayar, Ali; Smeets, Bram - 2009
This paper formulates a dynamic Random Coefficient Model (RCM) to consider a set of popular determinants of public … assumption of homogeneity on the coefficients over all countries in the model. The sensibility of this assumption will be … investigated, with results showing that an increase in the degree of heterogeneity leads to an improvement in the model fit and …
Persistent link: https://www.econbiz.de/10010264557
Cover Image
What are their words worth? : Political plans and economic pains of fiscal consolidations in new EU member States
Zapal, Jan; Schneider, Ondřej - 2006
In this paper, we track fiscal authority behaviour in the ten new EU member states (NSM) in the period which immediately preceded their EU accession. We first present basic stylized facts about public budgets of those countries. The paper then analyses reasons which led to periods of fiscal...
Persistent link: https://www.econbiz.de/10010276564
Cover Image
Economic and political determinants of budget deficits in the European Union : a dynamic random coefficient approach
Bayar, Ali H.; Smeets, Bram - 2009
This paper formulates a dynamic Random Coefficient Model (RCM) to consider a set of popular determinants of public … assumption of homogeneity on the coefficients over all countries in the model. The sensibility of this assumption will be … investigated, with results showing that an increase in the degree of heterogeneity leads to an improvement in the model fit and …
Persistent link: https://www.econbiz.de/10003808131
Cover Image
Fiscal consolidation in Europe : pre- and post-Maastricht
Kamps, Christophe - 2001
Based on a panel data model this paper investigates whether the effects of fiscal policy on national saving in Europe …
Persistent link: https://www.econbiz.de/10011474247
Cover Image
From first-release to ex-post fiscal data : exploring the sources of revision errors in the EU
Beetsma, Roel; Bluhm, Benjamin; Giuliodori, Massimo; … - 2011 - This version: May 2011
This paper explores the determinants of deviations of ex-post budget outcomes from first-release outcomes published towards the end of the year of budget implementation. The predictive content of the first-release outcomes is important, because these figures are an input for the next budget and...
Persistent link: https://www.econbiz.de/10011386471
Cover Image
Fiscal Consolidation in Europe: Pre- and Post-Maastricht
Kamps, Christophe - 2001
Based on a panel data model this paper investigates whether the effects of fiscal policy on national saving in Europe …
Persistent link: https://www.econbiz.de/10010260473
Cover Image
The sustainability of fiscal policy in the United States
Bohn, Henning - 2005
The paper examines the sustainability of U.S. fiscal policy, finding substantial evidence in favor. I summarize the U.S. fiscal record from 1792-2003, critically review sustainability conditions and their testable implications, and apply them to U.S. data. I particularly emphasize the...
Persistent link: https://www.econbiz.de/10010261171
Cover Image
Fiscal Sustainability, Default Risk and Euro Area Sovereign Bond Spreads Markets
Borgy, Vladimir - 2011
This paper develops an arbitrage-free affine term structure model of potentially defaultable sovereign bonds to model a … expected changes in debt/GDP ratios of the respective countries. Our model explains spreads both before and during the crisis …
Persistent link: https://www.econbiz.de/10013118736