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Fiscal Institutions and Public Spending Volatility in Europe
Albuquerque, Bruno - 2021
fiscal institutions on public spending volatility for a panel of 23 EU countries over the 1980–2007 period. The dependent … variable is the volatility of discretionary fiscal policy, which does not represent reactions to changes in economic conditions …. Our baseline results thus give support to the strengthening of institutions to deal with excessive levels of discretion …
Persistent link: https://www.econbiz.de/10013231899
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Composition effects of government expenditure on private consumption and output growth in Nigeria : a single-equation error correction modelling
Dada, Matthew Abiodun - In: Romanian journal of fiscal policy : RJFP 4 (2013) 2, pp. 18-34
This study examined the composition effect of government expenditure on private consumption and output growth in Nigeria using the framework of single equation error correction mechanism. The unit root and cointegration tests were conducted on the variables of interest while single equations...
Persistent link: https://www.econbiz.de/10010480256
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Composition effects of government expenditure on private consumption and output growth in Nigeria: A single-equation error correction modelling
Dada, Matthew Abiodun - In: Romanian Journal of Fiscal Policy (RJFP) 4 (2013) 2, pp. 18-34
This study examined the composition effect of government expenditure on private consumption and output growth in Nigeria using the framework of single equation error correction mechanism. The unit root and cointegration tests were conducted on the variables of interest while single equations...
Persistent link: https://www.econbiz.de/10010491482
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Regulatory Expenditures, Economic Growth and Jobs : An Empirical Study
Beard, Thomas Randolph - 2011
With a sluggish economy, high unemployment, and unprecedented deficit spending, growing the economy and curbing federal spending are top priorities in Washington. A now-popular target for reform is regulation, which even President Obama claims to have "stifled innovation" and to have had "a...
Persistent link: https://www.econbiz.de/10013125656
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Regulatory Expenditures, Economic Growth and Jobs : A Reply to Comments
Ford, George S. - 2012
Persistent link: https://www.econbiz.de/10013101690
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Jordan : Restructuring Public Expenditures and Protecting the Poor
Ahmad, S. Ehtisham - 2006
In Jordan, a system of general food subsidies became untenable in budgetary terms, with a sharp devaluation of the dinar in the late 1980s. A shift from a general subsidy system to limited rations would greatly reduce budgetary costs and minimize adverse effects on the poor. To reduce subsidies,...
Persistent link: https://www.econbiz.de/10012781061
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Public Expenditure Management in Indonesia : Islamic Economic Review on State Budget 2017
Jaelani, Aan - 2018
This paper discusses the management of public expenditures in Indonesia in State Budget 2017. The data collected from fiscal policy documents, especially about government spending plans in 2017, and then be reviewed by policy analysis, the theory of public expenditures, and the theory of public...
Persistent link: https://www.econbiz.de/10012918096
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The Misalignment of Fiscal Multipliers in Italian Regions
Lucidi, Francesco Simone - 2021
By accounting for the structural heterogeneity between northern and southern economies, this paper estimates fiscal multipliers resulting from shocks to current public expenditure, total public revenues and public investment in Italian regions. The estimation is carried out by estimating a panel...
Persistent link: https://www.econbiz.de/10013312350
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Revenue versus Spending-Based Consolidation Plans : The Role of Follow-Up
Beetsma, Roel M. W. J.; Furtuna, Oana; Giuliodori, Massimo - 2021
The literature on fiscal multipliers finds that spending-based fiscal consolidations tend to have more benign macro-economic consequences than revenue-based consolidations. By directly comparing expost data with consolidation plans, we present evidence of a systematically weaker follow-up of...
Persistent link: https://www.econbiz.de/10013315403
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Enhancing the Effectiveness of Public Spending in Switzerland
Joumard, Isabelle - 2002
Switzerland is a highly decentralised country with large spending and revenue-raising powers devolved to cantons and municipalities. The federal system, in combination with an extensive use of direct democracy, has contributed to keep public spending at a relatively low level in international...
Persistent link: https://www.econbiz.de/10012444008