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particular. The study thus contributes to an evidence-based policy of the European Commission aimed at strengthening the capacity … provides evidence on the vulnerability to external shocks of tax revenues in developing countries and presents policy options …
Persistent link: https://www.econbiz.de/10013061803
developing countries: through behavioural effects, donor conditionality, recipient policy reform and technical assistance; and …
Persistent link: https://www.econbiz.de/10011777119
effects of fiscal policy: the state of the economy, openness to trade, and the exchange-rate regime. We find that the … potential reasons for heterogeneous effects of fiscal policy, such as its implementation and coordination with the monetary …
Persistent link: https://www.econbiz.de/10011992297
monetary policy in the development countries. In modern capitalist economies, more than ever, money should be viewed as an …
Persistent link: https://www.econbiz.de/10005014734
Analytical and numerical results show how the presence of a subsidy on household and firm purchases of oil products distorts long-run macroeconomic aggregates in an oil-importing developing country. Beyond leading to over-consumption of oil products these subsidies also lead to increased labor...
Persistent link: https://www.econbiz.de/10009323926
We analyze fiscal policy procyclicality in resource-rich countries. We obtain a strong U-shaped relationship between …
Persistent link: https://www.econbiz.de/10010842932
Despite the voluminous literature on fiscal policy, very few papers focus on low-income countries (LICs). This paper … home bias-play a key role in determining the effects of fiscal policy and related multipliers in these countries. External …
Persistent link: https://www.econbiz.de/10012998800
This paper estimates government spending multiplier for natural resource-rich low-income countries (LICs). Our estimates suggest an absence of natural resource curse in government spending multiplier. In the short run, the government spending multiplier is around 0.7 for natural resource-rich...
Persistent link: https://www.econbiz.de/10012967304
abandon – or significantly downplay – the dominant normative approaches to tax policy, replacing these with contextualized …
Persistent link: https://www.econbiz.de/10014161475
The most recent literature on aid effectiveness finds a positive effect of aid on growth. To the extent that aid goes through the budget, this either reflects an aid-financed increase in government expenditures (quantity effect) or an improvement in the use of government resources as a result of...
Persistent link: https://www.econbiz.de/10014149694