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Best in Class: Public Finances in Sweden during the Financial Crisis
Bergman, Michael - In: Panoeconomicus 58 (2011) 4, pp. 431-453
almost all other European countries, Sweden has had budget surpluses and a government debt ratio around 40 percent of GDP …
Persistent link: https://www.econbiz.de/10009385667
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Comparing the delegation of monetary and fiscal policy
Wren-Lewis, Simon - Department of Economics, Oxford University - 2011
established Fiscal Councils, although their role is typically to give advice on paths for government debt and deficits rather than ….  In addition, lack of knowledge about the desirable goals of long run debt policy, compared to a greater understanding of …
Persistent link: https://www.econbiz.de/10008852053
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The Macroeconomic Record of the Coalition Government
Wren-Lewis, Simon - In: National Institute Economic Review 231 (2015) 1, pp. 5-5
This paper examines the outcomes for changes introduced by the UK Coalition government in 2010. The Office for Budget Responsibility (OBR) is generally regarded as a success, and should become a permanent part of fiscal policymaking. The form of the primary fiscal mandate, involving a five-year...
Persistent link: https://www.econbiz.de/10011165853
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Structural Breaks in Fiscal Performance : Did Fiscal Responsibility Laws Have Anything to do with Them?
Caceres, Carlos - 2010
In recent years, many countries have adopted Fiscal Responsibility Laws to strengthen fiscal institutions and promote fiscal discipline in a credible, predictable and transparent manner. Still, results on the effectiveness of these laws remain tentative. In this paper, we test empirically...
Persistent link: https://www.econbiz.de/10013135277
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Comparing the Delegation of Monetary and Fiscal Policy
Wren-Lewis, Simon - 2011
established Fiscal Councils, although their role is typically to give advice on paths for government debt and deficits rather than …. In addition, lack of knowledge about the desirable goals of long run debt policy, compared to a greater understanding of …
Persistent link: https://www.econbiz.de/10013125023
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Do fiscal rules reduce public investment? : evidence from European regions
Mühlenweg, Leonard; Gerling, Lena - 2023
This paper analyses the impact of fiscal rules on different public spending categories, namely public expenditure and investment, at the subnational level in Europe. Building on the notion of the deficit bias, we suspect that in the presence of fiscal rules, politicians have an incentive to...
Persistent link: https://www.econbiz.de/10014314210
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Do fiscal rules reduce public investment? Evidence from European regions
Mühlenweg, Leonard; Gerling, Lena - 2023
This paper analyses the impact of fiscal rules on different public spending categories, namely public expenditure and investment, at the subnational level in Europe. Building on the notion of the deficit bias, we suspect that in the presence of fiscal rules, politicians have an incentive to...
Persistent link: https://www.econbiz.de/10014317119
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Getting Back on Track: Restoring Fiscal Sustainability in Ireland
Haugh, David - Economics Department, Organisation de Coopération et … - 2011
heavy toll on public finances. Large public deficits have accumulated since 2008 and net public debt, which had been … from the international community. With one of the highest levels of gross public debt relative to GDP in the OECD, high … foresees a gradual consolidation of the public finances to stabilise and reduce the debt to GDP ratio and restore fiscal …
Persistent link: https://www.econbiz.de/10009364451
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Debt sustainability in Guatemala: Institutional arrangement and quantitative analysis
Catalán-Herrera, Juan Carlos - 2020
This paper assesses debt sustainability in Guatemala. Debt stability has been achieved at very low expenditure levels …
Persistent link: https://www.econbiz.de/10012534472
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Debt sustainability in Guatemala : institutional arrangement and quantitative analysis
Catalán-Herrera, Juan Carlos - 2020
This paper assesses debt sustainability in Guatemala. Debt stability has been achieved at very low expenditure levels …
Persistent link: https://www.econbiz.de/10012299175