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Natural disasters could constitute a major shock to public finances and debt sustainability because of their impact on …
Persistent link: https://www.econbiz.de/10011394854
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Natural disasters could constitute a major shock to public finances and debt sustainability because of their impact on …
Persistent link: https://www.econbiz.de/10012976164
Persistent link: https://www.econbiz.de/10003854805
Persistent link: https://www.econbiz.de/10003864169
spending decentralization shock (reaching over 20 percent after 4 years). Nevertheless, in cases of natural disasters, spending … public sector efficiency after a spending decentralization shock is smaller than in their absence. Moreover, extreme natural …
Persistent link: https://www.econbiz.de/10014356487
spending decentralization shock (reaching over 20 percent after 4 years). Nevertheless, in cases of natural disasters, spending … public sector efficiency after a spending decentralization shock is smaller than in their absence. Moreover, extreme natural …
Persistent link: https://www.econbiz.de/10014344718
Persistent link: https://www.econbiz.de/10009409750
Persistent link: https://www.econbiz.de/10003944330
The latest boom in commodity prices fueled concerns about fiscal policies in commodity-exporting countries, with many claiming that it triggered loose fiscal policy and left no funds for a rainy day. This paper examines the links between fiscal policy and terms-of-trade fluctuations using a...
Persistent link: https://www.econbiz.de/10012462872