Long-term fiscal projections and their relationship with the intertemporal budget constraint: An application to New Zealand [PDF]
The fiscal gap calculates the change in fiscal policy settings needed to achieve a particular debt target at some point in the future. This working paper calculates fiscal gaps for New Zealand under a range of scenarios, including alternative spending ...
John Janssen
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Beyond Gaps and Imbalances: Re-Structuring the Debate on Intergovernmental Fiscal Relations [PDF]
How do we know whether a country suffers from vertical fiscal imbalance (VFI)? What should be done about it? Academic appreciation of these issues in general, and the nature of political behaviour in particular, both have major implications for the way ...
Sharma, Chanchal Kumar
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Real-time data and fiscal policy analysis: a survey of the literature [PDF]
This paper surveys the empirical research on fiscal policy analysis based on real-time data. This literature can be broadly divided in three groups that focus on: (1) the statistical properties of revisions in fiscal data; (2) the political and ...
Jacopo Cimadomo
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STATE BUDGET AND FISCAL POLICY INSTRUMENTS TO ACHIEVE ITS [PDF]
This paper presents the tools for carrying out the fiscal budget in Romania. An effective fiscal policy involves increasing budget revenues and reduce their costs of collection.
Haralambie George Alin
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Cyclical Fiscal Policy, Output Volatility, and Economic Growth [PDF]
This paper provides a comprehensive empirical assessment of the relation between the cyclicality of fiscal policy, output volatility, and economic growth, using a large cross-section of 88 countries over the period 1960 to 2004.
Harald Badinger
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Fiscal decentralization, local government innovation preference, and enterprise technological innovation: Evidence from China. [PDF]
Tu J.
europepmc +1 more source
Indicators of Fiscal Impulse for New Zealand [PDF]
This paper defines fiscal impulse as a measure of whether government fiscal policy decisions are adding to, or subtracting from, aggregate demand pressures in the economy.
John Janssen, Renee Philip
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Land Finance and fiscal rules: An estimated DSGE model for Hong Kong. [PDF]
Zhang W, Liu Z.
europepmc +1 more source
Non-linear impacts of local fiscal expenditure on farmers' income: A SHAP-informed machine-learning analysis. [PDF]
Zhang T, Zhang J.
europepmc +1 more source
The impact of the crisis on budget policy in Central and Eastern Europe [PDF]
After drawing some lessons for fiscal policy from previous emerging market crises, Zsolt Darvas concludes with some thoughts on the appropriate policy response from a more normative perspective.
Zsolt Darvas
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