Showing 1 - 8 of 8
This paper provides evidence on the role of net fiscal transfers to households and EU structural funds for per-capita output convergence across a large sample of European regions during the period 1995-2005. We find that net fiscal transfers, while achieving regional redistribution, seem to...
Persistent link: https://www.econbiz.de/10012764767
This paper considers the impact of changes in governments' payment discipline on the private sector. We argue that increased delays in public payments can affect private sector liquidity and profits and hence ultimately economic growth. We test this prediction empirically for European Union...
Persistent link: https://www.econbiz.de/10013025488
Against the background of the euro area sovereign debt crisis, our paper investigates the relationship between public …, we focus on 12 euro area countries for the period 1990-2010, therefore adding to the current discussion on debt … sustainability in the euro area. Our empirical results suggest that the shortrun impact of debt on GDP growth is positive and highly …
Persistent link: https://www.econbiz.de/10013104431
We study the relationship between fiscal policy and household saving across the euro area countries for the period 1999 … panel setting. We find that fiscal expansions are associated with an increase in household saving rate in the euro area … and estimation uncertainty and no robust evidence for total private saving offset. Our results for the euro area are …
Persistent link: https://www.econbiz.de/10013310202
differentials across the 19 euro area countries over the period 1999-2019. The results confirm existing (older) literature that it …
Persistent link: https://www.econbiz.de/10014257756
Persistent link: https://www.econbiz.de/10013315044
This paper investigates the average impact of government debt on per-capita GDP growth in twelve euro area countries …
Persistent link: https://www.econbiz.de/10013316176
-à-vis Germany in selected euro area countries during the period end-July 2007 to end-March 2009, when the financial turmoil … debt ratios relative to Germany contributed to higher government bond yield spreads in the euro area during the analysed …
Persistent link: https://www.econbiz.de/10013316284