Increases in public debt and deficits since the seventies are accused of having contributed to the increase of interest rates level. According to this view, fiscal policies have induced inflation pressures that have forced central banks to raise the short-term interest rate; expectations of these...

The purpose of this paper deals with recent reforms related to decentralization in Spain over the recent period. Focusing on regional government (the so called Comunidades Autónomas, CCAAs), we show that these reforms aim at reducing the existing fiscal vertical imbalance between regional...

In 2004 fiscal policy has reversed its course turning to neutrality in the euro area, thus resulting in a deterioration of the government deficit to 2.9% of GDP and in the breaching of the 3% limit of the Stability and Growth Pact (SGP) by France, Germany, Italy and Greece. Founded on a...

While most continental European economies have exhibit deceiving outcomes for two decades, it seems necessary ? and it reveals fruitful ? to elaborate an « institutional hypothesis » to understand this failure. Our central reasoning is the following : it is in the absence or the muffling of...

Swiss federal State has one of the most decentralized fiscal systems. This decentralization occurs particularly for personal and corporate income taxes. Large disparities in tax burden could be observed between cantons or communes. Empirical results put in evidence fiscal competition between...

This paper focuses on child renunciations factors, investigating the answers of nearly 1000 employees to a 2003 IPSOS-Chronopost survey. Numerous variables are taken into account simultaneously, evaluating their ??caeteris paribus?? influence through logistic models estimations. In a nutshell,...

From 1980 to 2002, French industry lost 1,450,000 jobs. The growth of imports from emerging countries suggests that trade with them might be the culprit. First, however, one must correct the raw employment loss number from the effect of the rise of temporary work and domestic outsourcing: thus...