Similar Search Results

Does fiscal policy affect interest rates? : evidence from a factor-augmented panel

Dell'Erba, Salvatore; Sola, Sergio - 2013

This paper reconsiders the effects of fiscal policy on long-term interest rates employing a Factor Augmented Panel (FAP) to control for the presence of common unobservable factors. We construct a real-time dataset of macroeconomic and fiscal variables for a panel of OECD countries for the period...

Persistent link: https://www.econbiz.de/10012667561

The Financial and Fiscal Impacts

Sato, Motohiro; Boudreau, Laura - 2013

The Great East Japan Earthquake (GEJE) occurred against the backdrop of a struggling economy and public finance system …, and 3) reviving the local economy and industry. To finance this approach, the GoJ mobilized a portfolio of fiscal measures … burden of the central government, and thus, indirectly, of the current and future Japanese population and economy. …

Persistent link: https://www.econbiz.de/10012560266

The Economic and Fiscal Consequences of Financial Crises

Reinhart, Carmen M. - 2009

The Ds: Sharp economic downturns follow banking crises; with government revenues falling, fiscal deficits worsen; deficits lead to debt; as debts pile up rating downgrades follow. For the most fortunate countries it does not end in default

Persistent link: https://www.econbiz.de/10012561652

Crisis, change and future : a selection of the papers presented at the conference of the Forum for Economists International, Amsterdam. May 31-june 3, 2013

Hoek, M. P. van der (contributor) - 2013

Persistent link: https://www.econbiz.de/10010128423

The time for austerity : estimating the average treatment effect of fiscal policy

Jordà, Òscar; Taylor, Alan M. - 2013

Persistent link: https://www.econbiz.de/10010188576

Succesful fiscal adjustments : does choice of fiscal instrument matter?

Holden, Steinar; Midthjell, Nina Larsson - 2013 - This version September 25, 2013

We examine fiscal adjustment episodes in 24 OECD countries in order to find how austerity affects debt and growth, and whether the choice of fiscal instrument matters for the results. Inuential existing studies argue that spending cuts are more likely to successfully reduce debt and enhance...

Persistent link: https://www.econbiz.de/10010190247