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The Paradox of Fiscal Imbalances in India
Mahamallik, Motilal - 2014
An attempt has been made to examine the nature and extent of fiscal imbalances in India using the secondary data over a …
Persistent link: https://www.econbiz.de/10013045419
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Partial fiscal decentralization and sub-national government fiscal discipline : empirical evidence from OECD countries
Asatryan, Zareh; Feld, Lars P.; Geys, Benny - 2015
Recent theoretical research suggests that financing sub-national governments’ expenditure out of own revenue sources is linked to more responsible budgeting, because the financial implications of spending decisions then are internalized within a jurisdiction. We test this proposition...
Persistent link: https://www.econbiz.de/10010498622
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Fiscal decentralisation and deficits : international evidence
Neyaptı, Bilin - 2003 - This version: April 2003
The literature on socio economic implications of fiscal decentralization (FD) has recently been expanding, though only very few studies to day have looked at its macroeconomic effects. This paper investigates the relationship between FD and budget deficits. Using various measures of both...
Persistent link: https://www.econbiz.de/10011528373
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Economic policy in India : for economic stimulus, or for austerity and volatility?
Sen, Sunanda; DasGupta, Zico - 2014
The implementation of economic reforms under new economic policies in India was associated with a paradigmatic shift in … the consequences of such policy measures in India, particularly during the period of the global recession. Not only did … India, this paper concludes that such monetarist policy measures have been responsible for stagnation, with a rise in price …
Persistent link: https://www.econbiz.de/10010385761
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Budget Credibility of Subnational Governments : Analyzing the Fiscal Forecasting Errors of 28 States in India
Chakraborty, Lekha - 2020
fiscal forecasting errors for 28 states (except Telangana) in India for the period 2011–16. There is a heterogeneity in the … magnitude of errors across subnational governments in India. The forecast errors in revenue receipts have been greater than …
Persistent link: https://www.econbiz.de/10012827169
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Budget credibility of subnational governments: analyzing the fiscal forecasting errors of 28 states in India
Chakraborty, Lekha; Chakraborti, Pinaki; Shrestha, Ruzel - 2020
fiscal forecasting errors for 28 states (except Telangana) in India for the period 2011-16. There is a heterogeneity in the … magnitude of errors across subnational governments in India. The forecast errors in revenue receipts have been greater than …
Persistent link: https://www.econbiz.de/10012252992
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Do fiscal rules matter? : a survey on recent evidence
Brändle, Thomas; Elsener, Marc - 2023
Fiscal rules are argued to be important for sound and sustainable fiscal policies and have been increasingly adopted over the last 20 years. However, as increased fiscal pressure and fiscal risks urge countries to address the public debt legacy left by recent economic crises, fiscal rules come...
Persistent link: https://www.econbiz.de/10014343085
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Fiscal consolidation in Poland and it's economic consequences after the crisis 2008
Ciepłucha, Mateusz - In: Journal of contemporary economic and business issues 3 (2016) 2, pp. 61-73
The paper focuses on public finance and the aspect of fiscal consolidation in Poland as economic consequences after the financial crisis in 2008. The study assumes that there is a wide range of needs for fiscal consolidation implementation in European post-crisis countries. Budgets of the vast...
Persistent link: https://www.econbiz.de/10011588171
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Systematic fiscal policy and macroeconomic performance : a critical overview of the literature
Boeing-Reicher, Claire - 2014
The literature on systematic fiscal policy and macroeconomic performance in industrialized countries is large but fragmented. Based on a broad overview of that literature, several patterns emerge. First, the empirical literature points toward strongly anticyclical policy, which consists of...
Persistent link: https://www.econbiz.de/10010425062
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Is a very high public debt a problem?
Leão, Pedro - 2015
This paper has two main objectives. The first is to propose a policy architecture that can prevent a very high public debt from resulting in a high tax burden, a government default, or inflation. The second objective is to show that government deficits do not face a financing problem. After...
Persistent link: https://www.econbiz.de/10011309513