This paper reviews empirical research on the impact of government capital spending on economic growth. The pros and cons of five different ways to model the relationship between public investment and economic growth are reviewed, while some estimation results are presented for illustrative...

IN HIS COMMENT ON THE ECONOMIC FREEDOM SURVEY ARTICLE we wrote with Susanna Lundström (De Haan et al. 2006), Lawson (2006) criticizes five elements of our article: 1.Our use of the term “zealots.†2.Our remarks on the role of government in the construction of the economic freedom...

COLE AND LAWSON (2007) STATE THAT “EQUATION (1) IS Lawson’s preferred specification, while de Haan et al. favor Equation (4).†That is not an appropriate summary of our position, however. We do not have a preference for Equation (4). In our papers on the relationship between...

We investigate whether temporary members of the United Nations Security Council receive favorable treatment from the International Monetary Fund (IMF) using panel data for 197 countries over the period from 1951 to 2004. Our results indicate a robust positive relationship between temporary...

Intro -- Contents -- Series Foreword -- 1 Sustainability of Public Debt: Introduction and Overview -- 2 The Sustainability of Fiscal Policy in the United States -- 3 Sustainability and Determinants of Italian Public Deficits before and after Maastricht -- 4 Policy Adjustments and Sustainability...

Die vorliegende Studie diskutiert die Prognoseergebnisse für die Kostenentwicklung im Bereich der obligatorischen Kranken- und Pflegeversicherung (OKP). Innerhalb der deskriptiven Diskussion der Datenlage werden für die Kostengruppen wie auch die Kantone die letztjährigen Wachstumsraten mit...