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Aspekte einer Reform des Stabilitäts- und Wachstumspakts
Weinert, Günter - HWWA Institut für Wirtschaftsforschung - 2004
Kriterium für eine nachhaltige Finanzpolitik, eine für alle Länder einheitliche Obergrenze von 3 % für die gesamtstaatliche … Orientierung der Finanzpolitik an den gesamtstaatlichen Schulden, am strukturellen Budgetsaldo, mit oder ohne besondere …
Persistent link: https://www.econbiz.de/10010985063
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The Effects of Fiscal Policy on Employment: an Analysis of the Aggregate Evidence
Tafuro, Andrea - Dipartimento di Economia, Università Ca' Foscari Venezia - 2015
potential output. The fiscal multiplier for the employment rate trend after two years is -0.55 and accounts for almost half of … the multiplier for overall employment rate (which is -1.10), while is -0.11 – and not significant – for the potential … output. The multiplier for the real per capita GDP is -1.04, which sharply contrasts with the “expansionary austerity …
Persistent link: https://www.econbiz.de/10011200020
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Role of fiscal policy for private investment in Pakistan
Madni, Ghulam Rasool - In: International Journal of Business and Economic Sciences … 7 (2014) 2, pp. 139-152
Fiscal policy has much controversial debate regarding its effectiveness on private investment. Taxation and government expenditure are two main instruments of fiscal policy. This paper is aimed to analyze the effect of fiscal deficit and other variables on private investment of Pakistan. The...
Persistent link: https://www.econbiz.de/10011200075
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Analysis of Budget Deficit in Romania during 2006-2012
Moraru, Camelia - In: Knowledge Horizons - Economics 6 (2014) 3, pp. 140-144
The current economic crisis teaches us a very important lesson. In periods of economic boom, it is indicated that the economic policies to be more cautious to prevent the accumulation of imbalances and to ensure the safety margins that would allow an appropriate response in cases of large...
Persistent link: https://www.econbiz.de/10011200145
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Assessing Fiscal Sustainability for SAARC and IMT-GT Countries
Syed, Munawar-Shah; Mariani, Abdul-Majid; Syed, Hussain-Shah - Volkswirtschaftliche Fakultät, … - 2014
This study examines the fiscal sustainability of SAARC and Asian Growth-Triangle countries using Fisher and IPS tests of panel unit root and Pedroni test of panel cointegration. The tests are applied to the relationships, in terms of GDP ratios, between, i) the debt and primary surplus, and ii)...
Persistent link: https://www.econbiz.de/10011201272
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Assessing Fiscal Sustainability for SAARC and IMT-GT Countries
Munawar-Shah, Syed; Abdul-Majid, Mariani; Hussain-Shah, Syed - In: EconStor Open Access Articles (2014), pp. 26-40
This study examines the fiscal sustainability of SAARC and Asian Growth-Triangle countries using Fisher and IPS tests of panel unit root and Pedroni test of panel cointegration. The tests are applied to the relationships, in terms of GDP ratios, between, i) the debt and primary surplus, and ii)...
Persistent link: https://www.econbiz.de/10011203157
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Fiscal stimulus and labor market flexibility
Topal, Pinar - Research Center SAFE (Sustainable Architecture for … - 2015
This paper investigates whether a fiscal stimulus implies a different impact for flexible and rigid labour markets. The analysis is done for 11 advanced OECD economies. Using quarterly data from 1999 to 2013, I estimate a panel threshold structural VAR model in which regime switches are...
Persistent link: https://www.econbiz.de/10011203158
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Behavioral Pattern of Fiscal Policy Variables and Effects on Economic Growth: An Econometric Exposition on Nigeria
Ismaila, Mohammed; Imoughele, Lawrence Ehikioya - In: International Journal of Academic Research in Business … 5 (2015) 2, pp. 287-301
The rationale of this study is to examine the effect of fiscal policy variables on economic growth in Nigeria. The fiscal policy variables considered in the study include government gross fixed capital formation, tax, government expenditure, budget deficit as well as external debt. The study...
Persistent link: https://www.econbiz.de/10011206218
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Non-Keynesian Effects of Fiscal Consolidations in Central Europe in the years 2000-2013
Balcerzak, Adam P.; Rogalska, Elzbieta - Instytut Badañ Gospodarczych (IBG) - 2015
Last two decades were a period of significant discussion concerning determinants of effectiveness of fiscal policy. After some cases of expansionary episodes of fiscal consolidations in eighties of XX century, an intensive international research on the possibility of non-Keynesian effects of...
Persistent link: https://www.econbiz.de/10011207101
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Effects of fiscal shocks in new EU members estimated from a SVARX model with debt feedback
Stanova, Nadja - Volkswirtschaftliche Fakultät, … - 2015
This paper analyses in a VAR framework with debt feedback effects of fiscal policy over 1999q1-2013q4 in five Central and East European economies: Slovakia, Czech republic, Hungary, Slovenia and Lithuania. The results are compared to two alternative specifications, a model without debt feedback,...
Persistent link: https://www.econbiz.de/10011207380