Showing 1 - 10 of 22,061
mitigate economic downturns in the short run and whether such impact differs in crisis and non crisis times. We use panel …
Persistent link: https://www.econbiz.de/10011605263
European countries. We apply modern panel data techniques to the period 1970-2006, and we use three alternative dependent …
Persistent link: https://www.econbiz.de/10011604894
This paper analyses the effects in terms of size and volatility of government revenue and spending on growth in OECD and EU countries. The results of the paper suggest that both variables are detrimental to growth. In particular, looking more closely at the effect of each component of government...
Persistent link: https://www.econbiz.de/10011604895
The paper proposes a panel cointegration analysis of the joint development of government expenditures and economic …
Persistent link: https://www.econbiz.de/10010298396
mitigated by numerical expenditure rules. These hypotheses are tested against data from a panel of EU Member States. Our key …
Persistent link: https://www.econbiz.de/10011605215
panel data. The main purpose is to determine whether government spending affects economic growth and, if so, how. Based on … the econometrics model applied, the author established that in panel data, government expenditure has a negative impact on … country as well as the entire panel. …
Persistent link: https://www.econbiz.de/10014520667
panel data set of 17 developed countries that ranges from 1880 to 2016. The unique feature of the long-time dimension allows … a key shortcoming of panel-data analysis - parameter or individual heterogeneity. Overall, this analysis suggests a …
Persistent link: https://www.econbiz.de/10014547704
On 5-6 September 2012 SUERF held its 30th Colloquium “States, Banks, and the Financing of the Economy” at the University of Zürich, Switzerland. The papers included in this SUERF Study are based on contributions to the Colloquium. All the chapters in this publication discuss from different...
Persistent link: https://www.econbiz.de/10011689958
In the discussions of the need for fiscal rules and their usefulness in a monetary union researchers have not agreed on whether the financial markets have a sufficiently disciplining effect on the governments, which would mean that the fiscal rules are not necessary. This paper investigates...
Persistent link: https://www.econbiz.de/10010322210
. However, the econometric analysis performed on our panel data set confirms the assumption that this relationship is strongly …
Persistent link: https://www.econbiz.de/10010311703