How Much Binding Is the Bill?

We study whether and how much the interest bill conditions the size and composition of public expenditures. The group of EU 15 countries over the 1995-2016 period is the object of analysis. We study both total public expenditures and public expenditures by function of government in order to unveil which sectors are more responsive to an interest bill variation.

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Year of publication:	2018
Authors:	Cafiso, Gianluca ; Cellini, Roberto
Publisher:	Munich : Center for Economic Studies and ifo Institute (CESifo)
Subject:	interest bill \| public expenditures \| public debt

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Series:	CESifo Working Paper ; 7147
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	102697819X [GVK] hdl:10419/181347 [Handle] RePec:ces:ceswps:_7147 [RePEc]
Classification:	H61 - Budget; Budget Systems ; H62 - Deficit; Surplus ; H63 - Debt; Debt Management ; E62 - Fiscal Policy; Public Expenditures, Investment, and Finance; Taxation ; E63 - Comparative or Joint Analysis of Fiscal and Monetary Policy; Stabilization
Source:	EconStor

Persistent link: https://www.econbiz.de/10011887407