Search Results - subject:"FISCAL SUSTAINABILITY"

Drivers of Fiscal Sustainability: A Time-Varying Analysis for Portugal

Afonso, António; Coelho, José Carlos - 2023

We assess the drivers of fiscal sustainability in Portugal during the period 1999Q4-2021Q4. We resort to expanding … maturity were beneficial for fiscal sustainability. Sovereign debt rating downgrades implied a posterior fiscal reaction that … improves fiscal sustainability. Moreover, fiscal sustainability increased during the implementation of the international …

Persistent link: https://www.econbiz.de/10014469476

Fiscal anchors and sustainable fiscal policy

Siebrits, Krige; Calitz, Estian - 2023

maintaining fiscal sustainability. It argues that a well designed fiscal anchor can be useful in the current fiscal milieu, but …

Persistent link: https://www.econbiz.de/10014477510

Indonesia's fiscal capacity and burden-sharing scheme: A new insight from handling COVID-19

Buhaerah, Pihri; Firdaus, Nur - 2023

public is still wary about Indonesia's macroeconomic stability and fiscal sustainability. This study will challenge the …

Persistent link: https://www.econbiz.de/10014540394

Constraints or opportunities? Labor informality and public investment in shaping debt limits

Méndez-Vizcaíno, Juan Camilo; Moreno-Arias, Nicolás - 2023

This paper presents a comprehensive framework examining fiscal sustainabil- ity in developing economies. It integrates public capital, labor informality, and global liquidity shocks in a two-sector DSGE model for a small open economy, revealing their intricate interplay and nonlinear impact on...

Persistent link: https://www.econbiz.de/10014564100

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/10014374769

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/10014234010

Public education, pension and debt policy

Oguro, Kazumasa; Yasuoka, Masaya - 2023

Persistent link: https://www.econbiz.de/10014414388

On the fiscal sustainability of Swiss Cantons since 1905

Bury, Yannick; Feld, Lars P.; Köhler, Ekkehard A. - 2023 - This version: 4th November 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/10014416154

Do fiscal rules matter? : a survey on recent evidence

Brändle, Thomas; Elsener, Marc - 2023

Persistent link: https://www.econbiz.de/10014343085

Drivers of fiscal sustainability : a time-varying analysis for Portugal

Afonso, António; Coelho, José Carlos - 2023

Persistent link: https://www.econbiz.de/10014391313