Results 31 to 40 of about 55,077 (306)
During the latest global financial crisis, austerity as a concept has been described as the best possible and inevitable solution to achieve fiscal consolidation in Europe and in the euro zone.
Liina Kulu, Viljar Veebel
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Lack of information on the adequacy of fiscal measures undertaken in the COVID-19 crisis and its long-term adverse effects on economic growth and labor market outcomes has raised debates about the impact of fiscal austerity and fears of slower recovery ...
Patrik Barisic, Tibor Kovac
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Partendo da un’analisi del debito di Sylos Labini (2003) e Pasinetti (1998), il presente articolo re-esamina criticamente le raccomandazioni di politica economica suggerite dalle teorie che scoraggiano l’intervento dello stato e sostengono l’austerità ...
Daniela Tavasci, Luigi Ventimiglia
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The Signaling Role of Fiscal Austerity [PDF]
I build a model where creditworthy countries may use fiscal austerity to communicate their ability to repay sovereign debt and show that the signaling channel is active only for high levels of asymmetric information. The model generates a negative association between the amount of public information, provided by the rating agencies, and fiscal ...
openaire +2 more sources
Self-defeating austerity? Evidence from 1930s' Britain [PDF]
Self-defeating austerity entails “perverse effects” of fiscal consolidation such that fiscal indicators deteriorate. Inter alia, this depends on the size of the fiscal multiplier as Keynes (1933. The Means to Prosperity. London: Macmillan) underlined. We
Crafts, N. F. R., Mills, T. C.
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Austerity and fiscal prudence are health issues [PDF]
The world has been transfixed by the latest installment in the Greek financial crisis. This summer, deadlines came and went, offers of debt relief were made and rejected, and a tentative agreement was finally reached between Greece and its creditors.
Diane, Kelsall, Carsten, Hennings
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FISCAL AUSTERITY MEASURES: SPENDING CUTS VS. TAX INCREASES [PDF]
We formulate an overlapping-generations model with household heterogeneity and productive and nonproductive government programs to study the macroeconomic and intergenerational welfare effects of risk premium shocks and government debt reductions.
Glomm, Gerhard +2 more
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The Institute for Fiscal Studies Report: English Council Funding: What’s Happened and What’s Next? [PDF]
The article reviews the recent Institute for Fiscal Studies (IfFS) report, English Council Funding: What’s Happened and What’s Next. The article provides an overview of the main themesand findings of the report which examines the consequences of a ...
Copus, Colin, Jones, Alistair
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BackgroundSince 2015, a major economic crisis in Brazil has led to increasing poverty and the implementation of long-term fiscal austerity measures that will substantially reduce expenditure on social welfare programmes as a percentage of the country's ...
Davide Rasella +5 more
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Although austerity was particularly strong in the aftermath of the economic crisis of 2008 and its consequences in the euro area, Italian fiscal policies have been characterised by tough consolidation periods ever since the 1990s.
Franz J. Prante +2 more
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