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Do social policies harm employment and growth?
Ploeg, Frederick van der - 2003
Persistent link: https://www.econbiz.de/10011506447
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Nonlinear effects of inflation on growth : comment
Burdekin, Richard C. K.; Denzau, Arthur T.; Keil, Manfred W. - 2000
Persistent link: https://www.econbiz.de/10011568878
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Perspectives on climate policies
Andersson, Fredrik N. G. - 2019
) that de-growth is necessary, ii) that the market economy is part of the problem rather than part of the solution to climate …
Persistent link: https://www.econbiz.de/10012166055
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Intertemporal budget policies and macroeconomic adjustment in a small open economy
Fisher, Walter H.; Bianconi, Marcelo - 2001
This paper analyzes the role of nominal assets in ranking intertemporal budget policies in a growing open economy. The … budget policies are ranked in terms of the public's intertemporal stock of tax liabilities. Our main result is that, in a … monetary policy shocks. -- government budget ; taxation ; nominal assets ; current account …
Persistent link: https://www.econbiz.de/10009724427
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Application of Procedure of Discounting in Budgetary Process (О Применении Процедуры Дисконтирования В Бюджетном Процессе)
Yandiev, Magomet - 2009
finance. In the article the opportunity of discounting of incomes and charges of the state budget is investigated. Besides in …
Persistent link: https://www.econbiz.de/10013158802
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Public Budget Composition, Fiscal (De)Centralization, and Welfare
Arcalean, Calin - 2008
, education and infrastructure funding, and governments decide optimally on budget size (tax rate) and its allocation across the … optimal where the federal government sets a common tax rate, but allows the regional governments to decide on the budget …
Persistent link: https://www.econbiz.de/10012773648
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Tax Smoothing in a Financially Repressed Economy : Evidence from India
Cashin, Paul Anthony - 2006
India has a long history of running fiscal deficits. Two broad considerations motivate a government to run a deficit: tax smoothing and tax tilting. This paper tests a version of Barro`s tax-smoothing model, using Indian data for the period 1951-52 to 1996-97. The empirical results indicate that...
Persistent link: https://www.econbiz.de/10012782173
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Future Rent-Seeking and Current Public Savings
Caballero, Ricardo J. - 2011
The conventional wisdom is that politicians' rent seeking motives increase public debt and deficit. This is because myopic politicians face political risk and prefer to extract political rents as early as possible. An implication of this argument is that governments will under-save during a...
Persistent link: https://www.econbiz.de/10012714047
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Why Fiscal Regimes Matter for Fiscal Sustainability
Aldama, Pierre - 2020
This paper introduces a Regime-Switching Model-Based Sustainability test allowing for periodic (or local) violations of Bohn (1998, QJE)'s sustainability condition. We assume a Markov-switching fiscal policy rule whose parameters stochastically switch between sustainable and unsustainable...
Persistent link: https://www.econbiz.de/10012830345
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The Usefulness of Infra-Annual Government Cash Budgetary Data for Fiscal Forecasting in the Euro Area
Onorante, Luca; Pedregal, Diego J.; Pérez, Javier J.; … - 2021
Short-term fiscal indicators based on public accounts data are often used by European policy makers. They represent one of the main sources of publicly available intra-annual fiscal information. Nevertheless, these indicators have received limited attention from the academic literature analysing...
Persistent link: https://www.econbiz.de/10013316531