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Did austerity cause Brexit?
Fetzer, Thiemo - 2018
Did austerity cause Brexit? This paper shows that the rise of popular support for the UK Independence Party (UKIP), as the single most important correlate of the subsequent Leave vote in the 2016 European Union (EU) referendum, along with broader measures of political dissatisfaction, are...
Persistent link: https://www.econbiz.de/10011877825
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Balanced budget rules and fiscal outcomes : evidence from historical constitutions
Asatryan, Zareh; Castellón, César; Stratmann, Thomas - 2016
This paper studies the long-run fiscal consequences of balanced budget rules (BBR) that are enshrined in a country's constitution. Using historical data dating back to the 19th century and applying a difference-in-difference approach we find that the introduction of a constitutional-BBR reduces...
Persistent link: https://www.econbiz.de/10011474674
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Fiscal sustainability in the EU after the global crisis : is there any progress?
Wysocki, Maciej; Wójcik, Cezary - 2018
In response to the global crisis a number of new institutional measures have been introduced in the fiscal framework, both on the UE and on the member states’ level, and the question is: have these measures provided better fiscal sustainability outcomes? We approach this question by looking at...
Persistent link: https://www.econbiz.de/10011900847
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The Greek crisis : causes and consequences
Pascual, Antonio I. Garcia; Ghezzi, Piero - 2011
Greece has reached a point where, under any plausible macroeconomic scenario, public debt will continue growing faster than GDP. Fiscal consolidation alone cannot close the solvency gap. A substantial reduction in the stock of debt is needed. Even post-debt restructuring, there is no guarantee...
Persistent link: https://www.econbiz.de/10009387266
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Harassment, corruption and economic policy
Marjit, Sugata; Mukherjee, Vivekananda; Mukherjee, Arijit - 1999
This paper introduces harassment in a model of bribery and corruption. We characterize the harassment equilibrium and show that taxpayers with all possible levels of income participate in such an equilibrium. Harassment has a regressive bias. Harassment cost as such may not affect tax revenue....
Persistent link: https://www.econbiz.de/10009781684
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The socio-economics of pandemics policy
Snower, Dennis J. - 2020
In response to the Covid-19 pandemic, governments around the world have provided a massive fiscal and monetary stimulus … selfish individuals and more on the mobilization of people’s prosocial motives. Finally, to encourage people around the world … encourage people around the world to cooperate globally in tackling global problems, with the aid of two powerful tools that …
Persistent link: https://www.econbiz.de/10012219652
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Where you export matters: measuring uncertainty in Turkey's export markets
Fang, Jianchun; Gozgor, Giray; Pekel, Sercan - 2020
Using data from the World Uncertainty, World Trade Uncertainty, and World Pandemic Uncertainty indices for 142 …
Persistent link: https://www.econbiz.de/10012240442
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Public attention and policy responses to COVID-19 pandemic
Aksoy, Cevat Giray; Ganslmeier, Michael; Poutvaara, Panu - 2020
Early non-pharmaceutical interventions (NPI) significantly reduced the death toll of the COVID-19 pandemic. Yet, there are vast differences in how quickly governments implemented NPIs. In this paper, we analyze the role of public attention, measured as the share of daily Google searches in a...
Persistent link: https://www.econbiz.de/10012241067
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Natural resource endowment : a mixed blessing?
Thorvaldur Gylfason - 2011
that arise along the way. Special attention is given to Norway, the world's third largest oil exporter, and the role of …
Persistent link: https://www.econbiz.de/10009010049
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Determinants of human development : capturing the role of institutions
Binder, Michael; Georgiadis, Georgios - 2011
In this paper, we study development in a panel of 87 countries from 1970 to 2005. We focus on characterizing institutionally driven heterogeneities in the development effects of macroeconomic policies and on comparing the development process as measured by GDP to that measured by the Human...
Persistent link: https://www.econbiz.de/10009011991