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Generational policy is a fundamental aspect of a nation's fiscal affairs. The policy involves redistributing resources across generations and allocating to particular generations the burden of paying the government's bills. This chapter in Volume 4 of the Handbook of Public Economics shows how...
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India has a long history of running fiscal deficits. Two broad considerations motivate a government to run a deficit … 1951-52 to 1996-97. The empirical results indicate that the central government of India has tax-smoothed, while the … regional governments of India have not. The paper also finds evidence of tax tilting, reflected in financial repression, which …
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India has a long history of running fiscal deficits. Two broad considerations motivate a government to run a deficit … 1951-52 to 1996-97. The empirical results indicate that the central government of India has tax-smoothed, while the … regional governments of India have not. The paper also finds evidence of tax tilting, reflected in financial repression, which …
Persistent link: https://www.econbiz.de/10014401306
We implement a meta-regression-analysis for the budgetary impact of numerical fiscal rules. Based on 30 studies published in the last decade, we offer a consensus estimate with respect to the level of statistical significance, provide suggestive evidence for the effect size, and identify study...
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