Showing 1 - 10 of 39
Are ostensibly demand-driven public works programs with high levels of safeguards nonetheless susceptible to political influence? This conjecture is investigated using expenditure data at the local level from India's National Rural Employment Guarantee Scheme. Focusing on one state where...
Persistent link: https://www.econbiz.de/10012570831
Haiti's economic development has been held back by a history of civil conflict and violence. With donor assistance declining from its exceptional levels following the 2010 earthquake, and concessional financing growing scarce, Haiti must learn to live with tighter budget constraints. At the same...
Persistent link: https://www.econbiz.de/10012571073
This paper focuses on the impact of disasters on public expenditures, and how this impact might be valued. The impact may involve changes in the composition of spending, concurrently and over time. It may also involve changes in the level of spending and the profile of this over time. In the...
Persistent link: https://www.econbiz.de/10012571773
Previous studies have established a negative relationship between total government spending and entrepreneurship activity. However, the relationship between the composition of government spending and entrepreneurial activity has been woefully under-researched. This paper fills this gap in the...
Persistent link: https://www.econbiz.de/10012571972
This paper compares different fiscal integration schemes on the basis of their ability to finance public investments and resilience to debt distress and contagion. Complete integration schemes, where a central authority chooses the level of public investments with productivity-enhancing...
Persistent link: https://www.econbiz.de/10012572100
Transfers to individuals were a larger part of the 2009 U.S. stimulus package than government purchases. Using a two-agent New Keynesian model, this paper shows analytically that the multiplier on targeted transfers to financially constrained households is (i) larger than the purchase multiplier...
Persistent link: https://www.econbiz.de/10012569802
The relative return to input-augmentation versus inefficiency-reduction strategies for improving education system performance is a key open question for education policy in low-income countries. Using a new nationally-representative panel dataset of schools across 1297 villages in India, this...
Persistent link: https://www.econbiz.de/10012571271
This paper examines the short- and long-run economic impact of Egypt's energy subsidy reform in July 2014 (without and without compensating transfers for the bottom 40 percent of the income distribution) and the decline in global energy prices, as well as the long-run impact of phasing out the...
Persistent link: https://www.econbiz.de/10012571275
This paper looks at how individual preferences for the allocation of government spending change along the life cycle. Using the Life in Transition Survey II for 34 countries in Europe and Central Asia, the study finds that older individuals are less likely to support a rise in government outlays...
Persistent link: https://www.econbiz.de/10012571320
Fiscal indicators for resource-rich and resource-poor low- and middle-income countries are compared using annual data from 1996 to 2012. Resource richness is defined by export composition: fuel greater than a 25 percent share and/or ores and metals greater than a 10 percent share. Fuel exporters...
Persistent link: https://www.econbiz.de/10012571323