Search Results - subject:"FISCAL deficit"

Italy's Superbonus 110% : messing up with demand stimulus and the need to reinvent fiscal policy

Codogno, Lorenzo - 2024

Since the Global Financial Crisis in 2008-2009, there has been flourishing literature on the role of fiscal policy in stimulating demand when the economy is in a deep recession. Past studies suggest the stimulus may make sense if it is temporary, targeted, and withdrawn quickly. However, since...

Persistent link: https://www.econbiz.de/10014577483

Fiscal deficits and inflation in Ghana

Obeng, Solomon Hanson; Abotsi, Anselm Komla - In: International journal of economics and financial issues … 14 (2024) 1, pp. 154-163

Persistent link: https://www.econbiz.de/10014581345

Luigi Pasinetti : an appreciation

Milgate, Murray; Eatwell, John; De Vivo, Giancarlo - In: Cambridge journal of economics 48 (2024) 6, pp. 935-986

Persistent link: https://www.econbiz.de/10015330277

Do fiscal rules matter? : a survey of recent evidence

Brändle, Thomas; Elsener, Marc - In: Swiss journal of economics and statistics 160 (2024) 1, pp. 1-38

Fiscal rules are argued to be important for sound and sustainable fiscal policies and have been increasingly adopted over the last 20 years. As increased fiscal pressure and fiscal risks urge countries to address the public debt legacy left by recent economic crises, fiscal rules come under...

Persistent link: https://www.econbiz.de/10015372740

Cutback management : strategy, blame attribution, and evaluation of government

Flink, Carla; Xu, Xiaoyang - 2024

Persistent link: https://www.econbiz.de/10015158324

Unique implementation of permanent primary deficits?

Amol, Amol; Luttmer, Erzo Gerrit Jan - 2024

Persistent link: https://www.econbiz.de/10015127442

Reform of the Stability and Growth Pact : which changes for the governments?

Menguy, Séverine - In: Journal of government and economics : JGE 15 (2024), pp. 1-11

In 2020, in the context of the COVID-19 health crisis, the rules of the Stability and Growth Pact were temporarily suspended in the European Union. Nevertheless, the European Council and the European Parliament reached an agreement for the reactivation of these rules in 2024. A simple analytical...

Persistent link: https://www.econbiz.de/10015130231

Assessing fiscal sustainability with panel unit root, cointegration, and granger causality tests : evidence from the broader groups of countries

Fir, Nejc - In: Naše gospodarstvo : NG 70 (2024) 3, pp. 1-20

The question of fiscal sustainability of countries has become one of the central topics in economic policy, especially in times of increasing public debts. One way to assess fiscal sustainability is to examine compliance with the intertemporal budget constraint, which involves testing the...

Persistent link: https://www.econbiz.de/10015130392

The asymmetric effect of fiscal deficits on macroeconomic stability in Nigeria : evidence from nonlinear autoregressive distributed lag (NARDL)

Adedokun, Adebayo; Adeniyi, Isiaka Ayodeji; Olaniyi, … - In: International trade, politics and development 8 (2024) 3, pp. 144-164

the findings premised on linearity. This is critical, considering the perpetual fiscal deficit trends of Nigeria, which … Nigeria (CBN). Findings - The results show that in the short run, both positive and negative shocks to the fiscal deficit have … shocks to the fiscal deficit have a long-run positive impact on economic growth. It is further revealed that, in the short …

Persistent link: https://www.econbiz.de/10015183358

The sustainability of South African fiscal policy

Burger, Philippe - 2024

The public-debt-to-GDP ratio in South Africa increased from 26 per cent in the 2008/09 fiscal year to 73.9 per cent in 2023/24, raising fears that fiscal policy is not sustainable. This raises the question: did the government take steps to arrest the increase in the debt-to-GDP ratio and regain...

Persistent link: https://www.econbiz.de/10015076339