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Budgetary policy and unemployment dynamics
Kaas, Leo; Thadden, Leopold von - 2001
We consider a dynamic general equilibrium model with collective wage bargaining and investigate how unemployment dynamics are affected by two types of budgetary policies. In line with traditional reasoning, a balanced-budget rule amplifies fluctuations in the short run, whereas an...
Persistent link: https://www.econbiz.de/10001565847
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Budgetary policy and unemployment dynamics
Kaas, Leo; Thadden, Leopold von - 2001
We consider a dynamic general equilibrium model with collective wage bargaining and investigate how unemployment dynamics are affected by two types of budgetary policies. In line with traditional reasoning, a balanced-budget rule amplifies fluctuations in the short run, whereas an...
Persistent link: https://www.econbiz.de/10011419352
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Budgetary Policy and Unemployment Dynamics
von Thadden, Leopold - 2016
Persistent link: https://www.econbiz.de/10012991304
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Budgetary Policy and Unemployment Dynamics
Thadden, Leopold von; Kaas, Leo - 2001
We consider a dynamic general equilibrium model with collective wage bargaining and investigate how unemployment dynamics are affected by two types of budgetary policies. In line with traditional reasoning, a balanced-budget rule amplifies fluctuations in the short run, whereas an...
Persistent link: https://www.econbiz.de/10014130501
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Economic, Political and Institutional Determinants of Public Deficits
Woo, Jaejoon - 2003
We examine a large set of economic, sociopolitical, and institutional variables in a panel of 57 developed and developing countries over the period of 1970-90 to derive robust conclusions about which variables are important in explaining cross-country differences in public sector deficits....
Persistent link: https://www.econbiz.de/10014109806
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Economic, Political and Institutional Determinants of Public Deficits
Woo, Jaejoon - 2002
We examine a large set of economic, sociopolitical, and institutional variables in a panel of 57 developed and developing countries over the period of 1970-90 to derive robust conclusions about which variables are important in explaining cross-country differences in public sector deficits....
Persistent link: https://www.econbiz.de/10014110755
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Budgetary Policy and Unemployment Dynamics
von Thadden, Leopold; Kaas, Leo - 2001
We consider a dynamic general equilibrium model with collective wage bargaining and investigate how unemployment dynamics are affected by two types of budgetary policies. In line with traditional reasoning, a balanced-budget rule amplifies fluctuations in the short run, whereas an...
Persistent link: https://www.econbiz.de/10010295705
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How does corruption affect public debt? : an empirical analysis
Cooray, Arusha; Schneider, Friedrich - 2013 - Revised version
This paper examines the relationship between corruption and public debt in 106 countries. Results suggest that … corruption leads to an increase in public debt. We also investigate if the effect of corruption on pblic debt is increased by … government expenditure, the shadow economy and military expenditure. We find that the effect of corruption on public debt is …
Persistent link: https://www.econbiz.de/10010208991
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How does corruption affect public debt? : an empirical analysis
Cooray, Arusha; Dzhumashev, Ratbek; Schneider, Friedrich - In: World development : the multi-disciplinary … 90 (2017), pp. 115-127
Persistent link: https://www.econbiz.de/10011750224
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Fiscal impacts of climate anomalies
Pintus, Francesco J.; Jacobs, Jan; Sterken, Elmer - 2024
The negative effects of climate change on output and productivity have been well documented in recent years. However, its impact on public finances has received little attention. This paper attempts to fill this gap by analysing the impact of climate anomalies on fiscal variables in a...
Persistent link: https://www.econbiz.de/10015158089