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The Ricardian Approach to Budget Deficits [PDF]
Journal of Economic Perspectives, 1989 In recent years there has been a lot of discussion about U.S. budget deficits. Many economists and other observers have viewed these deficits as harmful to the U.S. and world economies. The supposed harmful effects include high real interest rates, low saving, low rates of economic growth, large current-account deficits in the United States and other ...
Robert J. Barro
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Money supply, budget deficit and inflation dynamics in Ghana: An empirical investigation
Cogent Business & Management, 2022 The paper investigates the long run dynamics of money supply, budget deficit and inflation in Ghana. It also tests the validity of the classical, monetary and fiscal theories of price level within the vector error correction framework.
Emmanuel Duodu +3 more
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INTERNATIONAL COMPARATIVE STUDY OF FISCAL DEFICIT IN UKRAINE AND HUNGARY [PDF]
Фінансово-кредитна діяльність: проблеми теорії та практики, 2018 Today government budget scarcity is a relevant problem both for advanced economies and developing countries. Investigation of problems of budget deficit and public debt has had a long history and nowadays it is covered both in modern Ukrainian and ...
S. I. Arkhiiereiev, A. S. Mytrofanova
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The Political Economy of Budget Deficits [PDF]
IMF Working Papers, 1994 This paper provides a critical survey of the literature on politico-institutional determinants of the government budget. We organize our discussion around two questions: Why did certain OECD countries, but not others, accumulate large public debts? Why did these fiscal imbalances appear in the last twenty years rather than sooner?
Alberto Alesina, Roberto Perotti
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Defisit Anggaran dan Implikasinya terhadap Perkembangan Ekonomi dan Kinerja Keuangan Kabupaten Tebo [PDF]
Jurnal Perspektif Pembiayaan dan Pembangunan Daerah, 2013 This study aims to 1) To analyze the determinants that will influence the budget deficit in Tebo district budget. 2) To analyze whether there is a correlation between the budget deficit with Tebo regency economic development.
Astuti Prihatiningsih +2 more
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Threshold Effects in the U.S. Budget Deficit [PDF]
SSRN Electronic Journal, 2003 We contribute to the debate on whether the U.S. large federal budget deficits are sustainable in the long run. We model the U.S. government deficit per capita as a threshold autoregressive process. We find evidence that the U.S. budget deficit is sustainable in the long run and that economic policy makers will only intervene to reduce per capita ...
Philip Arestis +2 more
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Voting on the Budget Deficit [PDF]
, 1988 This paper analyzes a model in which different rational individuals vote over the composition and time profile of public spending. Potential disagreement between current and future majorities generates instability in the social choice function that ...
Alberto Alesina, Guido Tabellini
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On the Redistributive Property of Budget Deficits [PDF]
, 2000 The rapid accumulation of public debt in most industrialized economies since 1973 has challenged economists to ask themselves again why and when a government runs a budget deficit. Barro's public debt theory (1979) argues that public debt should be countercyclical.
Luisa Lambertini
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On Fiscal Policy and Budget Deficits [PDF]
European Journal of Economics and Economic Policies: Intervention, 2004 A major argument used against the use of fiscal policy comes from the view that there are automatic forces within an economic system to ensure high levels of demand. This paper argues that the case for fiscal policy in general rests on the proposition that there are no such market forces that ensure high levels of demand.
Philip Arestis, Malcolm Sawyer
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The Relationship Between the Budget Deficit and Current Account Deficit in Turkey
Emerging Markets Journal, 2014 One of the most debated topics in Economics literature is the relation between budget deficit and current account deficit. The data obtained from the presence of this kind of relation is leading for policy makers in terms of determining the quality of ...
Seyfettin Erdoğan +1 more
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