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government decentralization did not. There were differences in the signs, magnitudes, and significance of the influence of some …
Persistent link: https://www.econbiz.de/10014377533
government decentralization did not. There were differences in the signs, magnitudes, and significance of the influence of some …
Persistent link: https://www.econbiz.de/10014313479
This paper develops a dynamic framework to analyze the political sustainability of economic reforms in developing countries. First, we demonstrate that economic reforms that are proceeding successfully may run into a political impasse, with the reform's initial success having a negative impact...
Persistent link: https://www.econbiz.de/10009490306
This paper develops a dynamic framework to analyze the political sustainability of economic reforms in developing countries. First, we demonstrate that economic reforms that are proceeding successfully may run into a political impasse, with the reform's initial success having a negative impact...
Persistent link: https://www.econbiz.de/10010249669
Fiscal policy has become quite controversial in the post-Keynesian era, the debate over the Obama stimulus package being a contentious recent example. Some pundits go so far as to take the position that macroeconomic theory has failed to meaningfully progress in terms of providing useful...
Persistent link: https://www.econbiz.de/10008653412
trends in Canada and OECD countries. The two papers in the second section examine the impact productivity has on government …
Persistent link: https://www.econbiz.de/10005518911
Governments can play great roles in their countries, regions, and cities; facilitating or leading the resolution of festering problems and opening new pathways for progress. Examples are more numerous than one might imagine and raise an important question: 'how do governments become great?'....
Persistent link: https://www.econbiz.de/10010128322
A defining feature of public sector employment is the regular change in elected leadership. Yet, we know little about how elections influence public sector careers. We describe how elections alter policy outputs and disrupt the influence of civil servants over agency decisions. These changes...
Persistent link: https://www.econbiz.de/10012967048
Economic policy uncertainty (EPU) has increased markedly in recent years in the U.S. and Europe, and some have posited a link between this phenomenon and subpar economic growth in advanced economies (see Baker, Bloom, and Davis, 2015). But methodological and data concerns have thus far raised...
Persistent link: https://www.econbiz.de/10011758464
The budget forms the legal basis of government spending. If a budget is not in place at the beginning of the fiscal … year, planning as well as current spending are jeopardized and government shutdown may result. This paper develops a … rather than positive; and when there is divided government. We test the hypotheses of the model using a unique data set of …
Persistent link: https://www.econbiz.de/10003959988