Search Results - subject:"FISCAL SUSTAINABILITY"

On the fiscal sustainability of Swiss cantons since 1905

Bury, Yannick; Feld, Lars P.; Köhler, Ekkehard A. - 2024 - This version: 31st October 2024

With an outstandingly long data set of Swiss cantonal public finances, we study whether this Swiss subnational level runs sustainable fiscal policies. Going back to the year 1905, we test for stationarity of cantonal public debt, revenue and spending and for cointegration between cantonal...

Persistent link: https://www.econbiz.de/10015098965

Sovereign risk dynamics in the EU : the time varying relevance of fiscal and external (im)balances

Afonso, António; Alves, José; Monteiro, Sofia - 2024

Economies between 2001Q4 and 2022Q3. To do so, we first estimate a country-specific time-varying measure of fiscal … sustainability, through the cointegration between government revenues and expenditures, and of external sustainability, derived from …

Persistent link: https://www.econbiz.de/10014486806

Do tax revenues track economic growth? : comparing panel data estimators

Cornevin, Antoine; Corrales, Juan Sebastian; Angel … - In: Economic modelling 140 (2024), pp. 1-11

Persistent link: https://www.econbiz.de/10015190390

Peculiarities of building budgetary sustainability indicators in Ukraine

Tverdokhlibova, Dina - In: Economy and forecasting : scientific journal (2019) 4, pp. 22-51

Persistent link: https://www.econbiz.de/10013161704

Pensions and the Nordic Welfare Model

Andersen, Torben M. - 2023

Within the frame of the Nordic welfare model, pension system design has taken very different routes. While the overall aims in terms of distribution and replacement rates are similar, the division of labour between defined benefit and contribution as well as pay-as-you-go versus funded schemes...

Persistent link: https://www.econbiz.de/10014290231

Do fiscal rules undermine public investments? A review of empirical evidence

Blesse, Sebastian; Dorn, Florian; Lay, Max - 2023

Fiscal rules are a frequent policy measure to restrict deficit-taking among incumbent politicians. In times of increased and sustained investment needs to mitigate the consequences of climate change, and to promote the digital and structural transformation, fiscal rules have become subject to...

Persistent link: https://www.econbiz.de/10014293755

The Effects of Monetary Policy Surprises and Fiscal Sustainability Regimes in the Euro Area

Afonso, António; Alves, José; Ionta, Serena - 2023

sustainability regimes in the period 2001Q4-2021Q4. First, we estimate time-varying fiscal sustainability coefficients based on Bohn …We study the effect of monetary surprise shocks on real output and the price level, conditioned on different fiscal …

Persistent link: https://www.econbiz.de/10014377532

Monetary Policy Surprise Shocks under Different Fiscal Regimes: A Panel Analysis of the Euro Area

Afonso, António; Alves, José; Ionta, Serena - 2023

regime and in the high fiscal sustainability one. Our results are robust to different specifications and models and have …

Persistent link: https://www.econbiz.de/10014377601

On the fiscal sustainability of Swiss Cantons since 1905

Bury, Yannick; Feld, Lars P.; Köhler, Ekkehard A. - 2023

With an outstandingly long data set of Swiss cantonal public finances we study whether the Swiss subnational level runs sustainable fiscal policies. Going back to the year 1905, we test for stationarity of cantonal public debt, revenue and spending and for cointegration between cantonal revenues...

Persistent link: https://www.econbiz.de/10014426917

Fiscal Sustainability and the Role of Inflation

Afonso, António; Alves, José; Matvejevs, Oļegs; … - 2023

We examine the relationship between inflation and fiscal sustainability with a two-step approach. In the first step, we … estimate to estimate a country-specific time-varying measure of fiscal sustainability using the fiscal reaction function. This … estimate of fiscal sustainability found previously. Our findings indicate that higher inflation rates contribute positively to …

Persistent link: https://www.econbiz.de/10014469307