Results 31 to 40 of about 55,381 (305)
Fiscal austerity in emerging market economies [PDF]
Studies in Nonlinear Dynamics & Econometrics, 2020 AbstractWe build a small open economy RBC model with financial frictions to analyse spending and tax based fiscal consolidations in emerging market economies (EMEs). We show that if government spending is a substitute to private consumption in household utility, a spending based fiscal consolidation has an expansionary effect on output.
Chetan Dave +3 more
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Government Debts and Fiscal Deficits in the United Kingdom: A Critical Review
World Review of Political Economy, 2019 This article intends to examine the issues of public debt and austerity policy in the United Kingdom. It attempts to provide an evaluation of fiscal policy under neoliberalism and to consider the relationship between this policy ...
Kalim Siddiqui
doaj +1 more source
Fiscal consolidation in the EU-28: Multiyear versus cold-shower episodes [PDF]
Economic Horizons, 2020 In the aftermath of the global recession, the need for fiscal consolidation in order to reduce budget deficits and the public debt has intensified, but with the aim to make the measures applied not affect the further slowdown of the economic activity in ...
Olgica Glavaski, Emilija Beker Pucar
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The political economy of fiscal deficits in the UK [PDF]
, 2018 . The focus of this study is on aspects of public debt and austerity policy in the UK. It attempts to provide an evaluation of fiscal policy under neoliberalism and to consider the relationship between this policy and the macroeconomic performance of the
SIDDIQUI, Kalim
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Self-defeating austerity? Evidence from 1930s' Britain [PDF]
, 2015 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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The Signaling Role of Fiscal Austerity [PDF]
SSRN Electronic Journal, 2016 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
Eesti Majanduspoliitilised Väitlused, 2014 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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Public Sector Economics, 2022 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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Moneta e Credito, 2021 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 Institute for Fiscal Studies Report: English Council Funding: What’s Happened and What’s Next? [PDF]
, 2019 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
core +2 more sources