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Pain or Gain? Short-term Budgetary Effects of Surprise Inflation - the Case of Hungary
Kiss, Gábor P. - Magyar Nemzeti Bank (MNB) - 2007
I study the short-term impact of surprise inflation on the primary balance by separating those budgetary items which … immediately respond to inflation from non-responding ones. I assume a passive fiscal policy in a one-year horizon; therefore items … decentralised government, their responses to inflation depend on decisions. If a 1 percentage point inflation surprise is …
Persistent link: https://www.econbiz.de/10005178266
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Pain or gain? Short-term budgetary effects of surprise inflation - the case of Hungary
Kiss, Gábor P. (contributor) - 2007
-- surprise inflation ; inflation sensitivity ; decentralised government …
Persistent link: https://www.econbiz.de/10003415144
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Региональные бюджеты в третьем квартале 2022 г. (Regional Budgets in Q3 2022)
Deryugin, Alexander - 2023
the annual inflation rate. These figures have been achieved on the back of 19.4% growth of tax and non-tax revenues of the …
Persistent link: https://www.econbiz.de/10014359026
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Did the U.S. Really Grow Out of Its World War II Debt?
Acalin, Julien; Ball, Laurence M. - National Bureau of Economic Research - 2023
economic growth. This paper examines the roles of three other factors: primary budget surpluses, surprise inflation, and pegged … inflation and the pre-Accord peg. In this counterfactual, debt/GDP declines only to 74% in 1974, not 23% as in actual history …
Persistent link: https://www.econbiz.de/10014337810
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Fiscal Policy and Budget Balancing : The European Experience
Larson, Sven R. - 2015
The European Union's constitutional balanced-budget amendment, the Stability and Growth Pact (SGP), dictates that EU member states keep their budget deficits within three percent of GDP and that government debt be kept at or below 60 percent of GDP. After 20 years, unintended consequences of the...
Persistent link: https://www.econbiz.de/10013030527
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Beschönigen Landesregierungen fiskalische Kennziffern?
Kauder, Björn; Potrafke, Niklas; Ruthardt, Fabian; … - In: ifo Schnelldienst 70 (2017) 06, pp. 36-40
Beschönigen Landesregierungen ihre Finanzplanung vor Landtagswahlen? Die Ergebnisse einer neuen Studie zeigen, dass Regierungen in den alten Bundesländern keinen systematischen Einfluss auf die Finanzplanung nahmen. Im Gegensatz dazu unterschätzten die Regierungen in den neuen Bundesländern...
Persistent link: https://www.econbiz.de/10011694119
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Fiscal management in Myanmar
Oo, Zaw; Joelene, Cindy; Minoletti, Paul; Phoo Pwint Phyu; … - 2015
Past governments in Myanmar presided over a system generally characterized by weak fiscal management, but this has recently changed with the present government restoring a measure of fiscal discipline, reorienting fiscal priorities, and establishing a clear set of fiscal objectives in the...
Persistent link: https://www.econbiz.de/10011290008
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Russia’s State Budget in 2008
Kazakova, Maria V - 2012
This paper deals with the issues of the Russia's federal budget in 2008. The authors focused on the general characteristics of the RF budget system, execution of the federal budget in 2008, analysis of collection of main taxes, expenditures, and assesment of budget parameters without regard to...
Persistent link: https://www.econbiz.de/10013100708
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Теоретические Аспекты Оценки Бюджетного Мультипликатора в Рф (Theoretical Aspects of the Evaluation Budget Multiplier in Russia)...
Nazarov, P. - 2013
В данной работе представлен краткий обзор теоретических подходов к оценке мультипликатора государственного бюджета, а также возможность применения моделей...
Persistent link: https://www.econbiz.de/10013074353
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Budget Processes and Commitment to Fiscal Discipline
von Hagen, Jürgen - 2006
This paper develops a political-economy model of the budget process focusing on the common pool problem of the public budget. We show that the externality arising from the fact that public spending tends to be targeted at individual groups in society while the tax burden is widely dispersed...
Persistent link: https://www.econbiz.de/10012782028