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Public Capital and Private Sector Productivity.
Kavanagh, C. - Department of Economics, Faculty of Commerce - 1996
growth determinant. Pul\blic capital, it is argued, has a positive effect on private sector output, productivity and capital …
Persistent link: https://www.econbiz.de/10005625894
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Infrastructure and Economic Growth
Enimola, Sam S. - In: Journal of Infrastructure Development 2 (2010) 2, pp. 121-133
This article analyzed theoretically and empirically the influence of infrastructure investment on economic growth in …
Persistent link: https://www.econbiz.de/10011139229
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The golden rule of public investment : a necessary and sufficient reform of the EU fiscal framework?
Truger, Achim - 2016
growth pact (SGP), Fiscal Compact (FC)). Such a rule would exempt public (net) investment suitably defined from the relevant … upgraded and receive larger room for manoeuvre and public investment as a particularly growth enhancing public expenditure …
Persistent link: https://www.econbiz.de/10011477456
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The EU budgetary package 2021 to 2027 almost finalised : an assessment
Reininger, Thomas - 2021
This policy note presents an assessment of the EU budgetary package for 2021-2027, including the European Union Recovery Instrument 'Next Generation EU' (EURI-NGEU), with an introduction to the EU decision-making process and the state of play of the relevant legislation as well as an annexed...
Persistent link: https://www.econbiz.de/10012433986
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Germany's post-2000 stagnation in the European context - a lesson in macroeconomic mismanagement
Hein, Eckhard; Truger, Achim - 2006
In the present paper we question the mainstream diagnosis of Germany's post-2000 stagnation as well as the prescribed remedies. We show that the 'institutional sclerosis' view of Germany's stagnation is unfounded and that therefore the political measures proposed and actually taken are...
Persistent link: https://www.econbiz.de/10010460438
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Germany's post-2000 stagnation in the European context - a lesson in macroeconomic mismanagement
Hein, Eckhard; Truger, Achim - Institut für Makroökonomie und Konjunkturforschung … - 2006
In the present paper we question the mainstream diagnosis of Germany’s post-2000 stagnation as well as the prescribed remedies. We show that the ‘institutional sclerosis’ view of Germany’s stagnation is unfounded and that therefore the political measures proposed and actually taken are...
Persistent link: https://www.econbiz.de/10005764577
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How Public Spending Can Help You Grow: An Empirical Analysis for Developing Countries
Moreno-Dodson, Blanca; Bayraktar, Nihal - In: World Bank - Economic Premise (2011) 48, pp. 1-4
growth, the results in the empirical literature are still mixed. This note is based on a paper of the same title (Bayraktar … different growth patterns. Considering the full government budget constraint, the empirical analysis shows that public spending …, especially its “core” components, contributes to economic growth only in countries that are capable of using funds for productive …
Persistent link: https://www.econbiz.de/10008837648
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Monetary and Fiscal Policy Interactions in an Emerging Open Economy: a Non-Ricardian DSGE Approach
Algozhina, Aliya - 2012
The monetary and fiscal policy interactions have gained a new research interest after the 2008 crisis due to the global increase of fiscal debt. This paper constructs a macroeconomic model of joint fiscal and monetary policy for an emerging open economy taking into account its structural...
Persistent link: https://www.econbiz.de/10011345503
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Monetary Policy Rule, Exchange Rate Regime, and Fiscal Policy Cyclicality in a Developing Oil Economy
Algozhina, Aliya - 2016
According to Frankel and Catao (2011), a commodity exporting developing economy is advised to target the output price index rather than consumer price index, as the former monetary policy is automatically countercyclical against the volatile terms of trade shock. This paper constructs a dynamic...
Persistent link: https://www.econbiz.de/10012978673