This paper discusses different empirical tests of public sector solvency and applies them to a sample of 18 OCED countries. Provided that the government solvency constraint need to be imposed, these tests develop from the idea of verifying whether the intertemporal budget constraint of the...

This paper analyses the effects in terms of size and volatility of government revenue and spending on growth in OECD and EU countries. The results of the paper suggest that both variables are detrimental to growth. In particular, looking more closely at the effect of each component of government...

Abstract: In nahezu allen Industrienationen hat sich der Anteil der Staatsausgaben am Sozialprodukt in den letzten 50 Jahren deutlich erhöht. Zudem wächst der Anteil der Sozialtransfers an den Staatsausgaben. Die vorliegende Arbeit analysiert die Gründe des Ausgabenwachstums mit dem...