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The Political Economy of EDP Fiscal Forecasts: An Empirical Assessment [PDF]

open access: yes
This paper analyses the track record of fiscal forecasts reported by 15 European countries in the context of the Excessive Deficit Procedure. For the budget balance, gross fixed capital formation (GFCF) and interest payments, we study the statistical ...
Nuno Venes, Álvaro Pina
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The Budget Reconciliation Act of 1993: a summary report [PDF]

open access: yes
A summary of the administration's final budget bill that was enacted in summer 1993, highlighting the changes in the scope and timing of deficit reductions and in the amount and distribution of revenue increases.Omnibus Budget Reconciliation Act of 1993 ;
David Altig, Jagadeesh Gokhale
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Inflation in the West African Countries. The Impact of Cocoa Prices, Budget Deficits, and Migrant Remittances [PDF]

open access: yes
We verify whether cocoa prices could be a source of inflation in five countries of the West African region within a framework that includes other variables such as migrant remittances to the region and a fiscal policy variable represented by the ...
Jumah, Adusei, Kunst, Robert M.
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German unification and its impact on net savings [PDF]

open access: yes
The obsolete capital stock in eastern Germany has to be rebuilt. This will increase the capital demand in Germany for the next few years. In addition to the increased demand for capital, government transfers need to be financed.
Siebert, Horst
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The Mexican intertemporal budget constraint: Persistent signals of an eventual collapse [PDF]

open access: yes
This paper examines the sustainability of the Mexican current account deficit prior to the December 1994 crisis. It tests whether or not the Mexican economy was satisfying its intertemporal budget constraint, and finds that signals of possible trouble ...
Carlos M. Urzúa, José A. Núñez
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Will Workers Survive State Budget Belt-Tightening? [PDF]

open access: yes
As state governments face budget gaps of tens of billions of dollars in FY2009 and FY2010, this issue brief calculates the potential detrimental effects of state budget cuts on unemployment.
Matthew Sherman
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